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CBN Appoints New Board for Keystone Bank

The Central Bank of Nigeria (CBN) has reconstituted the board of directors for Keystone Bank as part of its strategy to drive sustainable growth for the financial institution. The announcement was made on Wednesday, signaling a new phase for the bank.

In a statement from Keystone Bank, Lady Ada Chukwudozie was named as the new board chairman. Alongside her, five non-executive directors were also appointed: Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello.

Additionally, the CBN appointed two new executive directors—Ladi Oluwole and Abubakar Usman Bello.

Lady Ada Chukwudozie, a well-known figure in Nigeria’s corporate landscape, brings nearly 30 years of experience in business strategy, management, and administration. She has played key roles in various industries, including De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria, and Vogue Afrique Magazine.

Abdul-Rahman Esene has over 43 years of experience in banking, investment management, and corporate finance. He has held leadership positions at institutions like Fidelity Bank, Afrinvest, and Global Arbitrage International Inc.

Mrs. Fola Akande, with over 25 years of expertise in legal, compliance, and risk management, has worked with top brands like Cadbury, Stanbic Chartered Bank, and Shell.

Akintola Ayodeji Olusoji, a veteran in accounting, finance, and business development, has over 30 years of experience, serving in key roles at Sterling Bank, Access Bank, and Intercontinental Bank.

Obijiaku Samuel, a seasoned banker with 35 years of experience, has made a significant impact on the financial sector through his work at Zenith Bank and Fidelity Bank.

Senator Farouk Bello, who has over 20 years of experience, has led initiatives in both the public and private sectors, including the National Assembly and Guaranty Trust Bank.

Ladi Oluwole, the new Executive Director of Risk Management, brings over 20 years of expertise in credit and enterprise risk management, including time spent at Bank of America. Abubakar Usman Bello, the new Executive Director for the Northern Directorate, has a vast background in managing corporate, retail, and public sector clients.

Keystone Bank’s Managing Director and CEO, Hassan Imam, welcomed the new board members, expressing confidence in their abilities. He noted that their extensive experience would be crucial to the bank’s continued growth and repositioning efforts.

“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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