Union Bank of Cameroon

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Mr John Aboh; New Group Managing Director of Oceanic Bank International Print E-mail

Following a recent change of Management at the helm of Oceanic Bank International Plc, Mr. John Aboh was appointed as the new Group Managing Director and Chief Executive in replacement of Dr Mrs Cecilia Ibru.

His appointment by the Central Bank of Nigeria was accompanied with an injection by the latter of N100 billion to ease the bank’s liquidity constraints. The new CEO has reassured all customers of the bank that normal banking transactions would be available across the bank’s 350 locations in the country without any interruption as the workforce would equally continue with regular customer services.

 

There is thus nothing to worry about as all Oceanic Bank performance indicators compared to those of last year remains positive. It should be recalled that the bank’s first half year results approved by the CBN showed an upward swing in its gross earnings.

According to CBN Governor Lamido Sanusi, the CBN is confident that the banking system is safe and sound and that the major sources of system risk have been dealt with.

 

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