Royal Exchange Plc has notified The Nigerian Stock Exchange that the Company’s Group Managing Director, Mr. Chike Mokwunye, will proceed on his terminal leave from 31st December, 2015. The Company stated that its Board of Directors at an emergency meeting held on 18th November, 2015 approved the appointment of Alhaji Auwalu Muktar as the Acting Group Managing Director pending the appointment of a substantive Group Managing Director.