CBN Appoints New Board for Keystone Bank, Names Ada Chukwudozie as Chairman to Drive Growth and Stability
The Central Bank of Nigeria (CBN) has announced a new board for Keystone Bank Limited, aimed at enhancing the bank’s operations and promoting sustainable growth. This follows the apex bank’s earlier decision in January to dissolve the boards and management of Keystone Bank, Union Bank, and Polaris Bank.
Keystone Bank revealed in a statement that Ada Chukwudozie has been appointed as the new board chairman, supported by five non-executive directors: Abdul-Rahman Esene, Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Farouk Bello. In addition, Ladi Oluwole and Abubakar Usman Bello have been appointed as executive directors.
Chukwudozie, a prominent figure in Nigeria’s corporate landscape, brings nearly three decades of expertise in business strategy and management, with experience across sectors including De-Endy Industrial Company Limited, Dozzy Group, and Vogue Afrique Magazine.
Esene has over 43 years of experience in banking, corporate finance, and investment management, having held leadership roles at Afrinvest, Fidelity Bank, and Global Arbitrage International Inc.
Akande brings 25 years of expertise in legal, compliance, and risk management, with experience at Stanbic Chartered Bank and Shell.
Olusoji has 30 years of experience in accounting, finance, and business development, having worked with financial institutions like Sterling Bank and Access Bank.
Samuel, with over 35 years in financial consulting and treasury operations, has held key roles at Fidelity Bank and Zenith Bank. Meanwhile, Bello’s 20 years in banking operations include leadership at the National Assembly and Guaranty Trust Bank (GTCO).
Executive directors Abubakar Usman Bello and Ladi Oluwole bring extensive experience in commercial banking and risk management, with the latter having served as senior vice-president at Bank of America.
Keystone Bank’s Managing Director, Hassan Imam, expressed optimism about the new appointments, stating that the collective expertise of the board will strengthen the bank’s efforts in repositioning and capitalizing on economic opportunities.
Source: thewills
