Full List: CBN Appoints New Board Chairman, Directors For…

Full List: CBN Appoints New Board Chairman, Directors For Keystone Bank

The Central Bank of Nigeria (CBN) has approved a new chairman and board of directors for Keystone Bank.

This was confirmed in a statement on Wednesday by Keystone bank, in which it noted that the move was part of the apex bank’s strategy to ensure sustained growth for the financial institution.

The CBN appointed a new board chairman, five non-executive directors and two new directors.

This was confirmed in a statement on Wednesday by Keystone bank, in which it noted that the move was part of the apex bank’s strategy to ensure sustained growth for the financial institution.

The CBN appointed a new board chairman, five non-executive directors and two new directors.

According to Naijanews,the CBN had confirmed in January that it had dissolved the board and management of Union Bank, Keystone Bank, and Polaris Bank.

The apex bank, in a statement signed by its acting director of Corporate Communications, Sidi Ali Hakama, said the move became necessary due to the non-compliance of these banks and their respective boards with the provisions of Section 12(c), (f), (g), (h) of Banks and Other Financial Institutions Act, 2020.

According to the fresh statement on Wednesday, Lady Ada Chukwudozie has been appointed as the new board chairman.

The five other non-executive directors are Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello.