Support Our Journalism
BusinessEconomy

Liberia: LBDI Accepts Resignation of Bank President After Education Inaccuracies Unearthed

Mr. Deo Z. Delaney

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 tendered his resignation 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 general public, particularly our customers, our stakeholders, our potential investors and all other stakeholders, that LBDI remains strong in its operations and that 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.

Support Independent Journalism

Your support helps FrontPage Africa continue delivering independent, credible, and impactful journalism. Every contribution strengthens our ability to investigate, inform, and hold power accountable while keeping quality journalism accessible to our readers.

Support our journalism or subscribe to receive the latest FrontPage Africa stories and updates.

Independent. Fearless. Liberian.

Support independent journalism

Your support helps FrontPage Africa keep investigating, informing and holding power to account, and keeps quality journalism free for every reader.

Leave a reply

Your email address will not be published. Required fields are marked *