Liberia Bank for Development and Investment Accepts Resignation of President After Education Inaccuracies Unearthed

7 December 2022
FrontPageAfrica (Monrovia)

Monrovia — In December 2021, the Board of Directors of the Liberian Bank for Development and Investment (LBDI) engaged the services of a recruitment firm to search for suitable candidates for the position of President/CEO of LBDI. That exercise identified Mr. Deo Z. Delaney as a suitable candidate for the position, following which the Board selected Mr. Delaney as President/CEO.

It has however come to the attention of the Board that there were inaccuracies in the academic qualifications supplied to the recruitment firm. As a result of this anomaly, Mr. Delaney has resigned which has been accepted by the board.

Effective December 6, 2022, the Board has designated Mr. Mark Akwenah Nyeamene, Jr. the General Manager/DCEO, as Acting President/CEO of LBDI. The public is encouraged to accord Mr. Nyeamene the due courtesy in the performance of his duties while the Board takes the next steps to recruiting a new President/CEO.

The Board assures the public, particularly our customers, our stakeholders, our potential investors, and all other stakeholders, that LBDI remains strong in its operations and those the depositors' funds are safe and secure. Also, LBDI continues to retain a competent and highly dedicated workforce to deliver the excellent banking services it is known for.

Read the original article on FrontPageAfrica.

Tagged:
Copyright © 2022 FrontPageAfrica. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.