The Central Bank of Nigeria (CBN) has taken a significant step to ensure Keystone Bank’s sustained growth by reconstituting its board of directors.
This strategic move, announced on Wednesday, aims to propel the financial institution to greater heights.
*New Leadership at Keystone Bank*
Lady Ada Chukwudozie, a veteran in Nigeria’s corporate sector, takes the helm as the new board chairman. Chukwudozie brings nearly three decades of experience in business strategy, management, and administration, with a diverse background in multiple industries, including De-Endy Industrial Company Limited and Vogue Afrique Magazine.
Joining Chukwudozie are five other non-executive directors:
– _Abdul-Rahman Esene_: 43 years of experience in banking, investment management, and corporate finance
– _Mrs. Fola Akande_: Over 25 years of experience in legal, compliance, and risk management
– _Akintola Olusoji_: Distinguished 30-year career in accounting, finance, and business development
– _Obijiaku Samuel_: More than 35 years of experience in banking and treasury operations
– _Senator Farouk Bello_: Seasoned banker with over 20 years of experience.
*New Executive Directors*
Two new executive directors have been appointed to bring their expertise to the table:
– _Ladi Oluwole_: Executive Director of Risk Management, with over two decades of experience in credit and enterprise risk management
– _Abubakar Bello_: Executive Director for the Northern Directorate, with extensive experience managing corporate, retail, and public sector clients.
*A Vote of Confidence*
Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed confidence in the new board members, stating, “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.” ¹
