curator
Administrator
an-African lender Ecobank was told by Nigeria's financial watchdog to reinstate its former finance director pending the result of a probe into her allegations of breaches in corporate governance rules.
The Securities and Exchange Commission's (SEC) order piles more pressure on the leadership of one of sub-Saharan Africa's largest financial institutions a week after top executives called for the resignation of Chief Executive Thierry Tanoh.
It could also renew concerns among shareholders about how the bank is run ahead of an extraordinary general meeting set for March 3 that will vote on governance reforms, analysts said.
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Source: Reuters
The Securities and Exchange Commission's (SEC) order piles more pressure on the leadership of one of sub-Saharan Africa's largest financial institutions a week after top executives called for the resignation of Chief Executive Thierry Tanoh.
It could also renew concerns among shareholders about how the bank is run ahead of an extraordinary general meeting set for March 3 that will vote on governance reforms, analysts said.
Click here to read more
Source: Reuters
