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Ecobank Nigeria’s MD, Aku, steps down in December

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L AGOS — The Board of Ecobank Nigeria Limited said, yesterday, that the Managing Director of the bank, Mr. Jibril Aku, will step down on December 31, 2015. A statement from the bank said by the bank’s internal policy, Mr. Jibril Aku, the current Managing Director, having concluded his five-year tenure as managing director, will step down from his current role. The statement further said that Mr Aku will take on another senior role in the parent company of the bank, Ecobank Transnational Incorporated (ETI) in the first quarter of 2016. According to Ecobank board, Mr Aku, a distinguished banker, started his banking career with Citibank, Nigeria International Bank, before joining former Afribank Nigeria Plc as Executive Director, Operations & Technology from 2003 to 2005. Thereafter, he joined Ecobank Nigeria in 2006 as Executive Director responsible for the bank’s Treasury & Financial Institutions business, following which he was subsequently elevated to the posi...
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Jared Fogle, ex-Subway spokesman, sentenced to 15 years in prison for pedophilia

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Jared Fogle emerged from obscurity to become the unlikely face of one of America's biggest restaurant chains, earning a small fortune by touting the benefits of a healthy lifestyle that included Subway sandwiches. He gained fame for significant weight loss, attributed to eating Subway sandwiches, and was a spokesperson for the company's advertising campaigns from 2000 to 2015. But his wholesome public image was only that, and on Thursday he was sentenced to more than 15 years in prison for trading in child pornography and having sex with underage prostitutes. Fogle, 38, sought leniency, apologizing to his victims and telling the court in a tearful statement that he was raised with good values by a good family, but succumbed to self-centred "deception and lies." He said he wished he had realized long ago that he had a problem. "I had become dependent on alcohol, pornography and prostitutes," he told the judge. "I want to redeem my life. I want...
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