The new Chairman of Skye Bank, Mr Muhammad Ahmad, has assured shareholders, customers and depositors of his commitment to preserve their investments and deposits.

In a statement released on Monday, Mr Ahmad explained that Skye Bank is well positioned to deepen the retail and commercial banking services in Nigeria.

According to Mr Ahmad, the immediate priorities of the board and the new management team is to leverage the huge investment in the enhanced branch network to improve stakeholder value in a sustainable manner.

He further gave the assurance that the support and backing of the Central Bank and other relevant stakeholders have been obtained in this regard. (Channels TV)

•Photo shows Skye Bank Chairman Muhammad Ahmad.