First Bank Board of Directors is in a meeting over the sudden departure of its MD, Dr Adesola Adedutan.

The meeting will discuss ways of mitigating the effects of Adedutan’s sudden pre-retirement leave which he said should take effect from today.

The Nation reported exclusively yesterday that Adedutan conveyed his decision to quit eight months before his scheduled retirement to the Chairman of the board of directors, Hassan Odukale.

Sources said some directors are prevailing on Adedutan to rescind his decision in the interest of the bank but he is determined to quit ” to pursue other interests. “

Details Shortly…

©CDA News Media Limited.