The Bank Directors Association of Nigeria (BDAN) reported a 138.9 per cent increase in total income for 2023. This was announced at its virtually held 27th yearly general meeting (AGM).
The AGM, led by Chairman Mustafa Chike-Obi, also saw the retirement of three directors by rotation and the introduction of two new directors to the board, reflecting the Association’s continued growth and strategic evolution in the Banking sector.
Chike-Obi noted that the impressive financial performance of the Association, which saw a 138.9 per cent increase in total income year-on-year compared to 2022, underscored BDAN’s expanding influence and the effectiveness of its initiatives over the past year.
The retired directors from the board were Alhaji Umaru Kwairanga, representing Jaiz Bank Plc; Mrs. Funke Feyisitan-Ladimeji, Executive Director of Coronation Merchant Bank Limited; and Dayo Omolokun, Executive Director…
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