THE Board of Directors of Royal Exchange Plc, has announced the appointments of the following officers to direct affairs of the group. Alhaji Auwalu Muktari, former Group Executive Director, Marketing & Sales, is now the Acting Group Managing Director, Mr. Francis Okoli, is now the Group Chief Finance Officer, Royal Exchange Plc.
These appointments come following the expiration of the employment contracts of the erstwhile Group Managing Director and Managing Director, Mr. Chike Mokwunye and the resignation of the former Chief Financial Officer.
Announcing the appointments recently, the Chairman, Board of Directors, Royal Exchange Plc, Mr. Kenneth E. Odogwu, extolled the virtues of the exiting officers, especially the retiring Group Managing Director, Mr. Chike Mokwunye and commended their esteemed services and contributions to the growth and success of Royal Exchange Group. The Board also expressed sincere appreciation to Mr. Mokwunye for the cordial and harmonious working relationship that existed between the board and Mr. Mokwunye during his five-year tenure as Group Managing Director.
Odogwu said that Alhaji Auwalu Muktari, the current Group Executive Director, Marketing & Sales has been appointed as the Acting Group Managing Director with effect from January 1, 2016, when Mr. Mokwunye will proceed on his terminal leave. Before then, Muktari will work closely with Mokwunye, pending his final disengagement, Mr. Odogwu added.
Source: Guardian News