Business News UMB Sets Record Straight …Over CEO Resignation, Citinewsroom.Com Renders Apology By admin Posted on February 4, 2019 2 min read 0 0 970 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr The Universal Merchant Bank’s (UMB) has corrected an erroneous impression created by the media that its CEO, John Awuah, was sacked. The bank said in a letter last Friday that “The Board of UMB wishes to confirm that their CEO Mr. John Awuah after four successful years of dedication and commitment to the growth of UMB has moved on per the Press Release issued on 1st February 2019.” It continues: “Any other information contrary to the Press Release is false and must be disregarded.” Meanwhile, the media online portal that first reported the on John Awuah leaving the bank has rendered an apology for any inconvenience its erroneous report might have cause. Read citinewsroom.com’s apology, which has also been posted on its news portal below: Apology and retraction: MD of UMB John Awuah dismissed We wish to unreservedly apologize for a story that was published on our news portal on February 1, 2019 headlined “Managing Director of UMB John Awuah dismissed”. The said story was not premeditated to cause any harm to the bank or the person of Mr. John Awuah. Steps have already been taken and correction effected.