Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,372,210 members, 5,280,374 topics. Date: Saturday, 23 November 2019 at 01:04 AM

Diamond Bank CFO, Yinusa Resigns - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Diamond Bank CFO, Yinusa Resigns (24289 Views)

Man Disguises As Diamond Bank Staff In Lagos, Steals N650k / Victor Ezenwoko Of Diamond Bank Is Dead (Lagos ED) / MTN CEO, Ahmad Farroukh Resigns (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Diamond Bank CFO, Yinusa Resigns by segello: 1:11pm On Aug 03, 2015
Diamond Bank has informed the Nigerian Stock Exchange that its Chief Financial Officer Abdulrahman Yinusa has resigned.

According to the press release the resignation becomes effective after his garden leave which commenced on Monday, August 3, 2015.

According to the Bank, Mr. Yinusa had indicated his intention to pursue other interests and opportunities, and the board has accepted his resignation and wishes him success in his future endeavours.

Diamond Bank share price has lost 38% in value in the last one year and lost 30% this year alone.
The company has been reporting weaker earnings quarter after quarters with loan impairments taking its toll.





.http://nairametrics.com/b-r-e-a-k-i-n-g-diamond-bank-cfo-resigns/
Re: Diamond Bank CFO, Yinusa Resigns by Chiaka(f): 1:16pm On Aug 03, 2015
well maybe a new one will help reform the bank. who knows!

4 Likes

Re: Diamond Bank CFO, Yinusa Resigns by Milliprime: 1:16pm On Aug 03, 2015
As the name implies

Not really surprise

13 Likes 1 Share

Re: Diamond Bank CFO, Yinusa Resigns by mrvitalis(m): 1:18pm On Aug 03, 2015
Hope my money is save undecided undecided

15 Likes 7 Shares

Re: Diamond Bank CFO, Yinusa Resigns by Nobody: 1:19pm On Aug 03, 2015
A niger deltan cum biafran should hold dat post.

8 Likes

Re: Diamond Bank CFO, Yinusa Resigns by segello: 1:26pm On Aug 03, 2015
smiley
Re: Diamond Bank CFO, Yinusa Resigns by Kennedymac(m): 1:28pm On Aug 03, 2015
maka why nah ?

1 Like 1 Share

Re: Diamond Bank CFO, Yinusa Resigns by omogin(f): 1:52pm On Aug 03, 2015
I guess they need fresh prostitute-bankers sorry Marketers, lol... Guess the present crop have outlived their usefulness to 'customers'

2 Likes 1 Share

Re: Diamond Bank CFO, Yinusa Resigns by magabounce(m): 1:54pm On Aug 03, 2015
omogin:
I guess they need fresh prostitute-bankers sorry Marketers, lol... Guess the present crop have outlived their usefulness to 'customers'
Chie!!!!
Nawa o

3 Likes 1 Share

Re: Diamond Bank CFO, Yinusa Resigns by Boss13: 1:54pm On Aug 03, 2015
Wow... something must be wrong there. That is a key staff which may hamper potential earnings. If the CFO is resigning, then something is wrong with the strategic implementation plan of the Board of Directors.

9 Likes 2 Shares

Re: Diamond Bank CFO, Yinusa Resigns by mikolo80: 2:06pm On Aug 03, 2015
chei my 5 K still de dia o

12 Likes 2 Shares

Re: Diamond Bank CFO, Yinusa Resigns by Adesiji77: 2:14pm On Aug 03, 2015
Following...
Re: Diamond Bank CFO, Yinusa Resigns by agabaI23(m): 3:09pm On Aug 03, 2015
Buhari should follow in line, Naira has lost so much in value within just 2 months wink

5 Likes 1 Share

Re: Diamond Bank CFO, Yinusa Resigns by ITSAWRAPP: 4:41pm On Aug 03, 2015
Interesting
He must approved spendings above the budget thereby increasing the OPEX to OPI cheesy

1 Like 2 Shares

Re: Diamond Bank CFO, Yinusa Resigns by Chilug(m): 5:12pm On Aug 03, 2015
It's a disaster if this is true. Something must be fundamentally wrong. People should trade carefully with the Bank.

3 Likes 1 Share

Re: Diamond Bank CFO, Yinusa Resigns by kokoA(m): 5:14pm On Aug 03, 2015
I hope he never took anything that belongs to everybody and belong to nobody.

5 Likes 2 Shares

Re: Diamond Bank CFO, Yinusa Resigns by cecegorz(m): 9:14am On Aug 04, 2015
ITSAWRAPP:
Interesting
He must approved spendings above the budget thereby increasing the OPEX to OPI cheesy
Their OPEX is even excusable given that they have been doing some aggressive branch expansion and remodelling recently. I think that can easily be reigned in once those branches start spilling revenues.

I was actually expecting a reaction from their CRO, under whose watch their Non-performing loans spiralled off the roof, especially at this time of poor liquidity partly caused by CBN's archaic monetary policies. Their risk policies needs to be re-evaluated because this is the worst time to give unsecured loans.

4 Likes

Re: Diamond Bank CFO, Yinusa Resigns by solidgidlas(m): 1:33pm On Aug 05, 2015
Iyen nah wapa

1 Like 1 Share

Re: Diamond Bank CFO, Yinusa Resigns by olasha1(m): 1:33pm On Aug 05, 2015
hope all is well sha and how save is my N1,720 in my savings account there?

in other news

in another news
FULANI MAN WICKED BUHARI MUST GO! Make una hear this tory wey i wan yarn. Fulani man is wicked. Buhari must go. In fact, i regret voting for you Buhari. In less than three months, your cup don full And i will lead a campaign against you. Now, who told you we are tired of blackout? Without revival, NEPA don born again! My fridge dey work, TV dey work, As dem dey work all the time dem fit spoil! My generators don retire, dey gather dusts. I nor even know where my jerrycans dey sef Filling station attendants no see person give dem N20, N50 bribe again. Buhari see yoursef? Who send you message? Warri and Port Harcourt Refineries don dey work Kaduna Refinery too go soon join. So wetin go happen to our darling oil cabals Wetin go sele to the subsidy regime? If u get liver, try d cabals if we no go para! Abi you no know say dem be saints? Cockroach too dey enjoy Awilo music o, Na fowl no allow am commot kon dance! Our Otuoke brother say Stealing no be corruption. Daura man say stealing na corruption. Buhari, abi you chop winch? PhD for Zoology dey talk You common WAEC dey blow grammar Ok, before you go far, show me your certificate Show me where e dey for Koran say stealing is corruption. You see say this Fulani man no serious at all! Walai Buhari, your fowl nor fit do nada For corn wey dey inside bottle! Also you no allow your wife chop Nigeria money. How monkey head be wey gorilla own no be? Every first lady chop Nigeria money. Maryam Babangida chop. Maryam Abacha chop! Stella Obasanjo wak. Turai sef lick! And ...and Dia is Godu o even chop, poo for bodi! Make your wife chop her own, you say no. Fulani man wicked. You must go. Bekos na only you waka come! Who send you message go NNPC? Now we dey hear how billions upon billions waka This one wey you start You go know say kerosene no dey sleep. Buhari, ur fear sef don dey make Boko Haram wan negotiate peace. Now, I know say, d fear of Buhari is d beginning of wisdom. Buhari nearly destroy our churches Your elections kon show us say Some prophets and pastors are liars Some be original chop and quench! Some be original chop and clean mouth! Dem say God TOLD dem say Buhari go lose How dia own god sabi blow lie i no sabi! Buhari! Buhari! Buhari! How many times i call you? You go hear gburugudu gburugudu gburugudu today! No be how dem dey take chop corn Dem dey take chop groundnut o! You no get ministers, Naija still dey work EFCC don wake, MOGIDI,ECOTERROR AND BARCANISTER ETC (THE WAILERS COMMITTEE) ARE WAILLING, Biafra ARE DENYING THEM SELF (eg.d new nnpc boss)thieves dey enta jail admission! Subuanalai, we don taya for you now i see why they called u a terrorist ....hhahahaha

12 Likes

Re: Diamond Bank CFO, Yinusa Resigns by Nobody: 1:34pm On Aug 05, 2015
Ok.

Next pls Siggy is important
Re: Diamond Bank CFO, Yinusa Resigns by RichDad1(m): 1:34pm On Aug 05, 2015
Fraud things
Re: Diamond Bank CFO, Yinusa Resigns by YerYer: 1:34pm On Aug 05, 2015
They nicely kicked him out and made it seem like he resigned on his own. Shareholders should react positively to a change in CFO though.
Re: Diamond Bank CFO, Yinusa Resigns by Nobody: 1:34pm On Aug 05, 2015
We have hearangry
Re: Diamond Bank CFO, Yinusa Resigns by Fellonigerians: 1:35pm On Aug 05, 2015
Something aint right at Diamond Bank... This is not a good sign...

2 Likes

Re: Diamond Bank CFO, Yinusa Resigns by MSItachi: 1:35pm On Aug 05, 2015
.
Re: Diamond Bank CFO, Yinusa Resigns by Opinedecandid(m): 1:36pm On Aug 05, 2015
Happy retirement.
Re: Diamond Bank CFO, Yinusa Resigns by kennyman2000(m): 1:37pm On Aug 05, 2015
Thinking of opening an account with the bank before... No going there anymore.
This one na Godwin for me..
Re: Diamond Bank CFO, Yinusa Resigns by Shittaakeem(m): 1:37pm On Aug 05, 2015
Pls does anyone know where I can get lemon in lagos

Re: Diamond Bank CFO, Yinusa Resigns by boboLIL(m): 1:37pm On Aug 05, 2015
Gini welu mezie? Mtcheeew
Re: Diamond Bank CFO, Yinusa Resigns by koresma26(m): 1:38pm On Aug 05, 2015
Na wetin Happen How much he don embezzle??
Re: Diamond Bank CFO, Yinusa Resigns by bakjal(m): 1:39pm On Aug 05, 2015
Please where is he running to?
Re: Diamond Bank CFO, Yinusa Resigns by Nobody: 1:39pm On Aug 05, 2015
Surprise Surprise.

(1) (2) (3) (Reply)

MTN Group CEO Dabengwa Resigns Over N1.04tn Fine / CBN To Sell Dollars To Pilgrims For 197 / Businesses You Can Start With Little Or No Money

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2019 Oluwaseun Osewa. All rights reserved. See How To Advertise. 64
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.