Non-Executive Directors (NEDs) are limited to 12 years, while Independent Non-Executive Directors (INEDs) cannot exceed 8 years. More Resignations Expected CBN's 2023 Corporate Governance Guidelines - PwC
The central bank's updated aim to promote high ethical standards and enhance public confidence by ensuring fresh leadership in systemically important banks. Key highlights of these rules include: Non-Executive Directors (NEDs) are limited to 12 years,
Breaking News: First Bank Top Director Shobo Resigns as New CBN Rules Take Effect Non-Executive Directors (NEDs) are limited to 12 years,
