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Diamond Bank evasive on promotion of new CBN Deputy Governor Aishah Ahmad

Diamond Bank, the current employer of newly appointed Deputy Governor of the Central Bank of Nigeria, Aishah Ahmad, has given a dodgy response when asked by  Premium Times to respond to widespread claims that Ms. Ahmad was promoted executive director on the same day she was appointed to the top CBN post.

Rather than make a categorical comment on when Mrs. Ahmad was raised from her position as deputy general manager to executive director, Mike Omeife, head of media Relations at the bank, merely said she had been executive director at the bank “for a while”.

He maintained that based on her wealth of experience, she is qualified to be appointed to the new position.

Mrs. Ahmad was appointed deputy governor of the apex bank on Thursday, October 5, and is billed to replace Sarah Alade, who retired from the bank as deputy governor (economic policy) in March 2017.

She is expected to assume duty as CBN deputy governor immediately after her confirmation by the Senate.

Until her appointment, Mrs. Ahmad, a holder of Master of Science, M.Sc degree in Finance & Management from the Cranfield School of Management, United Kingdom (2006-2007) and a Master of Business Administration, MBA in Finance, University of Lagos (1999-2001), was the executive director (Retail Banking) at Diamond Bank Plc.

She is the chairperson, executive council of Women in Management, Business and Public Service, WIMBIZ, a Nigerian non-profit organization focused on issues affecting the interest of women professionals in business, particularly those promoting leadership development and capacity building to engender growth.

Since her appointment, there had been controversies, especially on social media, over her qualification for the CBN job.

SCANTY DETAILS

But in a chat with Premium Times on Tuesday, Mr. Omeife said the new CBN deputy governor had been an executive director at Diamond Bank “for a while”.

When asked of the specific date, he explained that he might not immediately have the details but he was confident she had been appointed executive director “for a while”.

Our sources maintained Mr. Omeife “was economical with the truth”.

Checks by Premium Times revealed that details of the bank’s annual report showed that as at December 2016, Mrs. Ahmad held the position of Head, Consumer and Privilege Banking. The two executive directors listed in the report are Chizoma Okoli, Executive Director Business Development, and Chiugo Ndubisi, Executive Director/Chief Financial Officer.

Similarly, in its quarterly reports for March and June 2017, the names of the two aforementioned officials remained as executive directors.

Meanwhile, checks on the disclosure platform of the Nigerian Stock Exchange, NSE, for possible announcement of Mrs. Ahmad’s elevation also yielded no result as no such disclosure was made throughout 2017.

When contacted on the telephone on Monday, the media officer of the NSE, Joseph Kadiri, could not immediately give response to the request.

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About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

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