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Diamond Bank company history timeline

1991

Diamond bank began its history in 1991 when it was found by Mr.

1998

November 18, 1998: Access Bank was listed on the Nigeria Stock Exchange

2002

In March 2002, the Board of Directors appointed Aigboje Aig-Imoukhuede as Managing Director/Chief Executive Officer and Herbert Wigwe as Deputy Managing Director.

2005

His exit was heralded with improved performance of the bank, which recorded a profit of N5.445 billion for the year 2005.

After growing the bank to an enviable height for 14 years, he relinquished the Chief Executive Officer’s (CEO) position to Mr Emeka Onwuka at the end of 2005.

2007

Aigboje Aig-Imoukhuede was appointed Managing Director/Chief Executive Officer and Herbert Wigwe, Deputy Managing Director, with a mandate to move the bank from 65th position to top 10 by 2007

2009

Declared the ‘Best Clearing Bank in Oshogbo Clearing zone 2009’ (Oshogbo Branch) at the Maiden edition of Oshogbo CBN award night

2011

He expanded the bank’s network from 210 branches in 2011 to over 265 branches three years later.

2012

Access Bank has built its strength and success in corporate banking and is now applying that expertise to the personal and business banking platforms it acquired from Nigeria’s International Commercial bank in 2012.

2014

International and locally in 2014, the bank was performing well.

Diamond bank was one of the best banks in Nigeria as of 2014.

2015

In 2015, his first full year as head of the bank, the bank’s profit after tax went down from N28.36b to N5.656b.

2017

Articulated the next 5-year rolling plan with a clear objective of becoming the ‘World’s Most Respected African Bank by 2017’ Achieved AA- credit rating from S&P (one of the best among tier-1 banks in Nigeria) Resolved post-merger integration issues Divested from non-banking subsidiaries

2019

It has obtained a CBN “No Objection” for a Rights Issue of up to NGN75 billion (~US$207 million) to be launched in H1 2019, which will ensure that it continues to maintain a strong capital buffer above the minimum requirements.

2022

How to send Money Abroad from Nigeria (cheaply 2022) 11 Jan , 2022

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Founded
1990
Company founded
Headquarters
Chicago, IL
Company headquarter
Founders
Pascal Dozie
Company founders
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Diamond Bank competitors

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Scotiabank1910$249.2M1,40047
First Hawaiian Bank1858$709.0M2,100111
Frost Bank1868$1.4B4,685148
Metropolitan Bank2008$8,0005017
Prudential Bank1886$1.1B87186
ACCESSbank2007$21.7M20-
Asia Bank N A-$650,0001-
Sterling National Bank1888$145.7M2,076-
Wayne County Bank1914$14.0M50-
West Michigan Community Bank1976$4.4M503

Diamond Bank history FAQs

Zippia gives an in-depth look into the details of Diamond Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Diamond Bank. The employee data is based on information from people who have self-reported their past or current employments at Diamond Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Diamond Bank. The data presented on this page does not represent the view of Diamond Bank and its employees or that of Zippia.

Diamond Bank may also be known as or be related to Diamond Bancorp, Inc., Diamond Bank and diamond bank.