The Central Bank of Nigeria (CBN) has restructured the board of directors of Keystone Bank, appointing Lady Ada Chukwudozie as the new board chairman alongside five non-executive directors.
This move, announced on Wednesday, is aimed at ensuring sustained growth for the financial institution.
The newly appointed non-executive directors include Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello. Additionally, Ladi Oluwole and Abubakar Usman Bello were named executive directors.
Lady Chukwudozie brings nearly 30 years of experience in business strategy and management, while other appointees have extensive expertise in banking, legal, risk management, and finance.
Mrs Akande boasts over 25 years of experience in legal, compliance, and risk management, having worked with global brands like Cadbury, Stanbic Chartered Bank, and Shell.
Olusoji has a distinguished 30-year career in accounting, finance, and business development, having served at institutions such as Sterling Bank, Access Bank, and Intercontinental Bank.
Samuel, with more than 35 years of experience in banking and treasury operations, has left a significant mark on Nigeria’s financial sector, previously working with Zenith Bank and Fidelity Bank.
Senator Bello, a seasoned banker with over 20 years of experience, has led initiatives across both the public and private sectors, including the National Assembly and Guaranty Trust Bank.
Meanwhile, the two new executive directors bring their vast expertise to the table. Oluwole, the new Executive Director of Risk Management, comes with over two decades of experience in credit and enterprise risk management, including previous roles at Bank of America. Bello, Executive Director for the Northern Directorate, has extensive experience managing corporate, retail, and public sector clients.
Keystone Bank’s Managing Director, Hassan Imam, expressed confidence in the new board members, highlighting their potential to drive the bank’s growth and strengthen corporate governance.
“We are pleased to welcome the new chairman, non-executive directors, and executive directors to the board of Keystone Bank.
“We are confident that their extensive experience will be invaluable as we continue to reposition the bank to seize emerging economic opportunities while maintaining strong corporate governance and providing our customers with a secure and reliable banking experience,” Imam said.
