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CBN Reshuffles Keystone Bank’s Board, Appoints New Leadership

by Ikenna Ngere
September 19, 2024
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CBN Reassures Public on Keystone Bank’s Stability
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The Central Bank of Nigeria (CBN) has restructured the board of Keystone Bank Limited in a bid to bolster the bank’s operations and improve governance.

In a statement released by Keystone Bank, it was announced that Ada Chukwudozie has been appointed as the new board chairman, alongside five newly appointed non-executive directors: Abdul-Rahman Esene, Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Farouk Bello.

The statement further revealed that CBN also selected Ladi Oluwole and Abubakar Usman Bello to serve as executive directors.

Chukwudozie, a prominent figure in Nigeria’s business landscape, brings nearly 30 years of experience in strategy, management, and administration.

She has held key roles in industries ranging from manufacturing to corporate governance, including positions with De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria (MAN), and Vogue Afrique Magazine.

Abdul-Rahman Esene joins the board with over 43 years of experience in banking, investment management, and corporate finance.

Fola Akande brings 25 years of expertise in legal compliance, risk management, and corporate governance, having worked with companies such as Cadbury, Stanbic Chartered Bank, and Shell.

Akintola Ayodeji Olusoji adds over 30 years of experience in accounting, finance, and business development, with a career spanning financial institutions like Sterling Bank, Access Bank, and Intercontinental Bank.

Meanwhile, Obijiaku Samuel offers over 35 years of experience in financial consulting, banking, and treasury operations, previously holding key roles at Fidelity Bank, Zenith Bank, and PricewaterhouseCoopers.

Commenting on the board’s reconstitution, Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed enthusiasm about the new leadership.

He emphasized that the collective expertise of the board will strengthen the bank’s corporate governance, positioning it to leverage emerging economic opportunities and enhance the banking experience for its customers.

 

Tags: Ada ChukwudozieCBNKeystone Bank Limited
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