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BIG STORY: Top DFCU Director Resigns

By Francis Otucu

DFCU Limited has announced resignation of Michael Turner as a director in the company with immediate effect.

“The Board has commenced the process of nominating another person to be considered for appointment to fill the casual vacancy created by the resignation of Mr. Turner,” DFCU said in a statement Friday.

Turner joined DFCU board in April 2003 as an Independent Director representing CDC Group PLC.

He formerly worked in investment banking in London for LehmanBrothers and Klienwort Benson; he also worked with Actis, the leading growth markets Private Equity investor since 1988 mainly in Eastern, Central and Southern Africa., having started his carrier in PricewaterhouseCoopers.

It remains to be seen who will get nominated as Turner’s replacement.

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