The CBN reviews the terms of office of bank directors.
February 25, 2023
The Central Bank of Nigeria has revised the regulatory requirements for the tenure of executive management and non-executive directors of Deposit Money Banks and Financial Holding Companies in the Code Of Corporate Governance For Banks And Discount Houses (Ref: FPR/DIR/CIR/GEN/01/004).
In a circular titled ‘Review of tenure of executive management and non-executive directors of Deposit Money…