Independent Directors are board members whose appointments are based on the value that they bring to corporate governance as a result of their deep and wide ranging professional experience and not necessarily on the size of their shareholding.
According to a statement issued by the bank in Lagos on Monday, the new appointments are in line with Diamond Bank’s tradition of appointing seasoned and tested professionals with proven track record into its board. It is strongly believed that the new appointments which have already been approved by the Central Bank of Nigeria (CBN) will further strengthen the bank’s leadership positions in corporate governance and risk management in the industry.
Mrs. Omobola Olubusola Johnson was until recently the Country Managing Director of Accenture in Nigeria and the first woman to hold that position. Omobola holds a Bachelor’s Degree in Electrical and Electronic Engineering from the University of Manchester and a Master’s degree in Digital Electronics from King’s College, London. She joined Accenture, then Andersen Consulting in 1985. At Andersen, she garnered experience in the areas of enterprise transformation, having worked with the board and management of several major banks and CBN of Nigeria to successfully transform these organisations in a more competitive and dynamic environment.
Some of the initiatives in these transformation projects range from strategy development to process re-engineering, HR transformation, technology developments and change and programme management.