In line with the CBN regulation, the bank has also appointed Ibrahim Dahiru Waziri; Tunde Hassan-Odukale; Khadijah Alao Straub; and Obafemi
Adedamola Otudeko as Non-Executive Directors.

While Bello Mohammed Maccido replaces Dr. Yerima Ngama, an executive director, who was muzzled to resign.

Other members of the board removed alongside Oba Otudeko are Alhaji Abdullahi Mahmood, General Garba Duba (Rtd.), and Mr. Oye Hassan-Odukale.

A statement issued by the bank management reads:

In one fell swoop; President Goodluck Ebele Jonathan has retired the inspector general of police, the director general state security service and three service chiefs..

The new service chiefs are:

Air Chief Marshall Petinrin (former Chief of Air Staff), who is to serve as the chief of defense staff (CDS)

Major General Ihejirika is the new chief of army staff (COAS)

Air Vice Marshall M. Umar, was appointed the new chief of air staff(CAS)

Rear Admiral O. Ibrahim will serve as chief of naval staff (CNS)

President Jonathan also appointed Hafiz A. Ringim as new the Acting Inspector General of Police, while Mr.Ita Ekpeyong will serve as the new Director General of the State Security Services (SSS).

In a media advisory issued by Ima Niboro, the Special Adviser to the President on Media and Publicity, President Jonathan said,

"the appointment is with immediate effect, subject to the confirmation of the National Assembly, subject to the Armed Forces Act, section 18(cap a20 laws of the Federal Republic of Nigeria 2004)."

"The president thanked the outgoing service chiefs, whose tenures allegedly "expired in August", for their outstanding stewardship, loyalty, and defence of the constitution of the Federal Republic of Nigeria.

The president also thanked the outgoing Inspector General, Ogbonnaya Onovo, and outgoing DG SSS, Mr. A.A Gadzama, for their dedication to service of the fatherland and wished them well in their future endeavours.

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Jonathan replaces police boss and service chiefs

President Goodluck Jonathan has changed the leadership of the Nigerian Armed Forces and the Police Force with the appointment of new service chiefs and an acting Inspector General of Police.

The newly appointed service chiefs are: O.O Peterin, Air Marshal, - chief of defence staff; O. A. Ihejirika, Major General, - chief of army staff; O.S Ibrahim, Rear Admiral, chief of naval staff; and M.D Umar, Air Vice Marshal, - chief of air staff.

The president has also appointed Hafiz A. Ringim as the acting Inspector General of Police, and Ita Ekpeyong as the new director general of the State Security Services (SSS).

The new appointments were contained in a statement by the special adviser to the president on media and publicity, Ima Niboro, which explained that "the appointment is with immediate effect, subject to the confirmation of the National Assembly, subject to the Armed Forces Act, section 18(cap a20 laws of the Federal Republic of Nigeria 2004)."

According to the statement, the president thanked the outgoing service chiefs, whose tenures it claimed "expired in August", for their outstanding stewardship, loyalty, and defence of the constitution of the Federal Republic of Nigeria.

The president also thanked the outgoing Inspector General, Ogbonnaya Onovo, and outgoing DG SSS, Mr. A.A Gadzama, for their dedication to service of the fatherland and wished them well in their future endeavours.

Mr. Onovo has come under severe criticism over the increasing spate of kidnapping across the country, particularly in the south-east region.