The Central Bank of Nigeria has restructured the board of directors at Keystone Bank. This decision, announced on Wednesday, is part of the apex bank’s strategy to promote ongoing growth within the institution.
According to a statement from Keystone Bank, Lady Ada Chukwudozie has been appointed as the new chairperson of the board, joined by five other non-executive directors: Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello. Additionally, the CBN has appointed two new executive directors, Ladi Oluwole and Abubakar Usman Bello.
Lady Ada Chukwudozie, a well-respected figure in Nigeria’s corporate world, brings nearly 30 years of experience in business strategy, management, and administration. Her expertise spans various sectors, including De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria, and Vogue Afrique Magazine.
Abdul-Rahman Esene offers over 43 years of experience in banking, investment management, and corporate finance, having held senior positions at notable institutions such as Fidelity Bank, Afrinvest, and Global Arbitrage International Inc.
Mrs. Fola Akande has over 25 years of experience in legal, compliance, and risk management, with a background at major companies like Cadbury, Stanbic Chartered Bank, and Shell.
Akintola Ayodeji Olusoji has had a distinguished 30-year career in accounting, finance, and business development, working with organizations including Sterling Bank, Access Bank, and Intercontinental Bank.
Obijiaku Samuel brings over 35 years of experience in banking and treasury operations, with a significant history at Zenith Bank and Fidelity Bank.
Senator Farouk Bello, a veteran banker with over 20 years of experience, has led projects in both the public and private sectors, including roles in the National Assembly and Guaranty Trust Bank.
The two new executive directors are also well-equipped for their roles. Ladi Oluwole, appointed Executive Director of Risk Management, has more than 20 years of experience in credit and enterprise risk management, including past positions at Bank of America. Abubakar Usman Bello, Executive Director for the Northern Directorate, has extensive experience managing corporate, retail, and public sector clients.
Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed optimism about the new appointments, stating that the board members’ wealth of experience will be crucial for the bank’s ongoing transformation and growth.
“We are delighted to welcome our new chair, non-executive directors, and executive directors to the Keystone Bank board. Their extensive backgrounds will be invaluable as we continue to reposition the bank to capitalize on emerging economic opportunities while upholding strong corporate governance and ensuring a secure and reliable banking experience for our customers,” Imam said.
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