CBN reconstitutes Keystone Bank board

CBN reconstitutes Keystone Bank board

Appoints Lady Ada Chukwudozie as Chair

The Central Bank of Nigeria (CBN) has revamped the board of directors of Keystone Bank, a strategic move aimed at ensuring continued growth and stability for the financial institution. The reconstitution, announced on Wednesday, saw Lady Ada Chukwudozie appointed as the new board chairperson, alongside five other non-executive directors: Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello.

In addition, the CBN named Ladi Oluwole and Abubakar Usman Bello as new executive directors.

Lady Ada Chukwudozie, a recognized figure in Nigeria’s corporate landscape, brings nearly three decades of experience in business strategy, management, and administration, with expertise spanning industries like De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria, and Vogue Afrique Magazine.

Abdul-Rahman Esene joins the board with over 43 years of experience in banking, investment management, and corporate finance. His career includes leadership roles at Fidelity Bank, Afrinvest, and Global Arbitrage International Inc.Mrs. Fola Akande brings more than 25 years of experience in legal, compliance, and risk management. She has worked with notable global brands like Cadbury, Stanbic Chartered Bank, and Shell.

Akintola Ayodeji Olusoji has a distinguished 30-year career in accounting, finance, and business development, having worked at institutions such as Sterling Bank, Access Bank, and Intercontinental Bank.

Obijiaku Samuel, with over 35 years in banking and treasury operations, has made significant contributions to Nigeria’s financial sector through his roles at Zenith Bank and Fidelity Bank.Senator Farouk Bello has over 20 years of banking experience, driving initiatives across both the public and private sectors, including the National Assembly and Guaranty Trust Bank.

On the executive side, Ladi Oluwole, the new Executive Director of Risk Management, brings over two decades of experience in credit and enterprise risk management, having held previous roles at Bank of America. Abubakar Usman Bello, the Executive Director for the Northern Directorate, has a wealth of experience managing corporate, retail, and public sector clients.

Speaking on the appointments, Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed optimism in the new board members, emphasizing their crucial role in the bank’s ongoing repositioning and growth.

“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 stated.

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