Home ECONOMY CBN Reconstitutes Keystone Bank Board with New Appointments

CBN Reconstitutes Keystone Bank Board with New Appointments

by inlandtownadmin
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The Central Bank of Nigeria (CBN) has reconstituted the board of directors for Keystone Bank, a move that was announced on Wednesday. This initiative is part of the apex bank’s ongoing efforts to ensure sustainable growth for the financial institution.

In a statement issued by Keystone Bank, Lady Ada Chukwudozie was named the new board chairman, along with five additional non-executive directors. These newly appointed directors include Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Olusoji, Obijiaku Samuel, and Senator Farouk Bello.

Moreover, the CBN also appointed two executive directors to strengthen the leadership team. Ladi Oluwole and Abubakar Bello have been named as Executive Director of Risk Management and Executive Director for the Northern Directorate, respectively.

Chukwudozie, a well-established figure in Nigeria’s corporate landscape, brings nearly 30 years of expertise in business strategy, management, and administration. Her experience spans several industries, including De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria, and Vogue Afrique Magazine.

Abdul-Rahman Esene, with over 43 years of experience in banking, corporate finance, and investment management, has held leadership roles in top financial institutions such as Fidelity Bank, Afrinvest, and Global Arbitrage International Inc.

Mrs. Fola Akande has more than 25 years of experience in legal, compliance, and risk management, having served prominent global brands like Cadbury, Stanbic Chartered Bank, and Shell. Similarly, Akintola Olusoji brings 30 years of expertise in accounting, finance, and business development, with experience at Sterling Bank, Access Bank, and Intercontinental Bank.

Obijiaku Samuel, who has spent over 35 years in banking and treasury operations, has had a significant impact on Nigeria’s financial sector, previously serving at Zenith Bank and Fidelity Bank. Senator Farouk Bello, another accomplished figure, has over 20 years of experience, having led various initiatives in both the public and private sectors, including the National Assembly and Guaranty Trust Bank.

The newly appointed executive directors also bring vast experience to their roles. Ladi Oluwole, the new Executive Director of Risk Management, has more than 20 years of expertise in credit and enterprise risk management, including previous positions at Bank of America. Abubakar Bello, as Executive Director for the Northern Directorate, has extensive experience working with corporate, retail, and public sector clients.

Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed confidence in the appointments, emphasizing the positive impact the new board members will have on the bank’s growth and strategic direction.

“We are delighted to welcome the new chairman, non-executive directors, and executive directors to the board of Keystone Bank,” Imam said. “Their wealth of experience will be crucial as we continue to reposition the bank to seize emerging economic opportunities, strengthen corporate governance, and ensure our customers enjoy a secure and reliable banking experience.”



Source: punchng.com

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