Bickersteth Replaces Ogbechie as Diamond Bank Chairman

By Modupe Gbadeyanka

Diamond Bank has announced the appointment of Mr Oluseyi Bickersteth as its new Chairman of the Board of Directors.

Mr Bickerseth is taking over the position following the retirement of Professor Chris Ogbechie after the completion of his tenure. He retired from the board with effect from March 31, 2018.

The new Chairman’s appointment, according to a statement issued by the financial institution, took effect from June 26, 2018.

Diamond Bank noted that the appointment comes against the backdrop of Mr Bickerseth’s strong values and vision which both align with the bank’s current focus of delivering excellent performance by leveraging technology to provide financial solutions to retail markets.

Commenting on the appointment, GMD/CEO of Diamond Bank, Mr Uzoma Dozie, stated that, “We are honoured to have Mr Oluseyi Bickersteth join and chair our Board of Directors. We welcome his wealth of experience and look forward to his valuable contributions.”

Mr Bickersteth holds a B.Sc. in Economics from the University of Ibadan and an M.Sc. in Economics from the York University in Canada. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and Chartered Institute of Taxation of Nigeria (CITN).

Prior to being the Chairman of KPMG Africa Practice and National Senior Partner of the Nigerian Practice, he was the Head of Tax and Regulatory practice and served as Engagement Partner on major tax advisory and compliance projects.

Mr Bickersteth played an oversight and coordinating role in KPMG’s delivery of professional services to companies in the Gulf of Guinea, Nigeria, Cameroun, Angola, Equatorial Guinea & Gabon. He also heads the Oversight Committee for KPMG Africa.

He was involved in Vision 2010 of the Federal Government of Nigeria, which prepared a memorandum on the vision for Nigeria, by year 2010.

He has also chaired a working group on ‘Nigerian Tax Reforms 2003 & Beyond’ for the Federal Government of Nigeria and has served on the technical committee of the Federal Government that prepared the Petroleum Industry Bill (PIB) for the oil and gas sector.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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