A new Group Managing Director has been appointed for Diamond Bank, Aproko247 has learnt. In a statement made available to us on Friday, it was revealed that Uzoma Dozie will replace Alex Otti, who voluntarily retired as Diamond Bank GMD/CEO. According to the statement signed by Bank’s Corporate Communications Department, Chairman of the Board of…
Inaugural Diamond Bank’s Eurobond issuance exercise, with the printing of $200mn worth of bonds with a maturity of five years, has received warm and worldwide acceptance from investors. The exercise, which was recently concluded, resulted into many stakeholders embracing the Diamond Bank brand, which is respected and known for spurning innovative ideas. Commenting on…
**Staffers In Robbery, Fraud Scandals One of the biggest headaches in the banking sector in Nigeria is tackling frauds. While some banks are already winning the war against external frauds, few banks like Diamond Bank, is still battling with its internal frauds. If the bank cannot win the battle against its internal fraud, what becomes…