Politics
CBN Announces New Board Chairman And Directors For Keystone Bank
CBN Announces New Board Chairman And Directors For Keystone Bank....KINDLY READ THE FULL STORY HERE▶
The Central Bank of Nigeria (CBN) has announced new leadership for Keystone Bank, including a new chairman and board of directors. This decision, revealed in a statement by Keystone Bank on Wednesday, aligns with the CBN’s strategy to foster sustained growth for the institution…….CONTINUE READING
Lady Ada Chukwudozie has been appointed as the new board chairman. Additionally, the CBN has introduced five non-executive directors: Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello. Two new executive directors, Ladi Oluwole and Abubakar Usman Bello, have also been appointed.
This move follows the CBN’s earlier decision in January to dissolve the boards and management of Union Bank, Keystone Bank, and Polaris Bank due to non-compliance with certain provisions of the Banks and Other Financial Institutions Act, 2020.
Lady Ada Chukwudozie, a well-respected figure in Nigeria’s corporate sector, brings nearly 30 years of experience across various industries. Abdul-Rahman Esene has over 43 years of expertise in banking and finance, while Mrs. Fola Akande has more than 25 years in legal and compliance roles. Akintola Ayodeji Olusoji and Obijiaku Samuel offer extensive experience in finance and banking, and Senator Farouk Bello adds over 20 years of experience in both public and private sectors.
Ladi Oluwole, as Executive Director of Risk Management, and Abubakar Usman Bello, as Executive Director for the Northern Directorate, bring significant expertise in their respective fields.
Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed confidence in the new board’s ability to contribute to the bank’s growth and governance. “We are excited to welcome the new chairman, non-executive directors, and executive directors to Keystone Bank. Their extensive experience will be instrumental in our efforts to capitalize on emerging economic opportunities while upholding strong corporate governance and delivering reliable banking services to our customers,” Imam said.
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