In a determined effort to reposition Resort Savings & Loans Plc, the Board of Directors of the Bank has appointed Barrister J. O. J. Chukwuocha as its new Chairman, following the resignation of the former Chairman, Chief Babatunde Adefarati from the Board.

Rising from its 90th board meeting at its corporate head office in Ikeja today (Wednesday 14th December, 2016) the Board also confirmed the appointment of Mr. Ola Oyinloye FCA as its substantive Managing Director/Chief Executive Officer.

Until his elevation to the position of the Chairman, Barrister J. O. J Chukwuocha has been a Director of the Bank since 2012. He is an astute business man and a lawyer by profession. His appointment is expected to bring his wealth of experience as a successful businessman to reposition the Bank in its ongoing restructuring exercise.

The Board wishes to assure its numerous customers and other stakeholders that the Bank has been further strengthened than ever before to ensure that it sustains its high quality services in providing mortgage to Nigerians while supporting the policies of the Federal Government in making affordable accommodation available to Nigerians.

The Company Secretary LPC Solicitors has been mandated to notify all Regulatory Authorities of the Board decision.

By Ijeoma Nwachukwu