Skye Bank Plc has notified The Nigerian Stock Exchange that following the resignation of its CFO, Mr. Bamidele Ogunnaike, effective 31st August, 2015, the Board of the Bank has approved the appointment of Mr. Pius Olaoye as its new CFO effective 1st September, 2015.

Skye Bank stated that Pius Olaoye has the requisite skills and knowledge, related experience, and the understanding of the CFO role. He has been in the Financial Control Department of the Bank within the last 10 years and was the Deputy to the outgoing CFO between 2006 and 2012. He was re-assigned to the Central Processing Centre (CPC) in May 2012 as the pioneer Head, to set-up the operations.

Prior to his appointment as CFO, Pius Olaoye was the Head of the Bank’s Performance Management where he successfully instituted a more stringent and transparent performance management framework for the Bank. Furthermore, he worked closely with the outgoing CFO and is conversant with all regulatory reporting requirements, the financial systems and records of the Bank.