LEADERSHIP TUSSTLE ROCKS SKYE BANK, AS MD SACKS 4 GENERAL MANAGERS

*Reason New Head of Brand Strategy, Mr. Tokunbo Adegboye May Loose His Job

If information filtering from one of Nigeria financial institutions, Skye bank is anything to go by, leadership tussle is currently rocking the bank as the Managing Director; Durosinmi Etti has shown four General Managers the door out of the bank for not been his loyalist.

Our investigation revealed that Kehinde Durosimi Etti started his hatred for those who are not his own by stripping Akinfemiwa, the former Managing Director of the bank off one of the bank’s properties, a two-wing duplex at Plot 302, at Jide Oki Street, Victoria Island, which he was using as office for his new business. An insider of the bank who preferred anonymity, alleged that this action among many others prompted Akinfemiwa boys to becoming rebels to Durosimi’ leadership.

Impeccable source divulged that immediately Durosinmi Etti settled in office, he relieved the likes of Kayode Akinyemi, the Corporate Affairs Head of the bank of his duties and was forced to resign. it was also revealed that General manager IT, Segun Akintele, Peter Olurunfemi, (Head, Aviation & Maritime), Kunle Adedigba,(Head - Organization Capability Group) and Sadiq Abubakar, (North West Regional Coordinator) all General Managers in the bank, got the axe as Durosinmi Etti  is set to do away with all managers that are not his loyalist especially those coming from Prudent Bank, one of the five banks that merged to form Skye bank. The banks that formed Skye banks are Prudent Bank, EIB International, Bond Bank, Cooperative Bank and Reliance Bank.

Those who should know alleged that the sack of the four GM was against the bank’s board’s recommendation but Etti went ahead daring the board.

Finding also revealed that the new Head of Brand Strategy, Mr. Tokunbo Adegboye may loose his job as the Managing Director, Kehinde Durosimi Etti has found out that he got the job thru a stakeholder in the defunct Prudent Bank who is not on his good book.  Tokunbo, who moved in from Cadbury Nigeria Plc was a Trade Marketing Manager after rising thru the ranks from being a Sales Training Manager.

Moses of the brand communication department of the bank was contacted before writing this story but decline to speak on this issue and he did not reply an SMS sent to him.