The Central Bank of Nigeria (CBN) has announced the appointment of a new board of directors for Keystone Bank Limited, part of its strategy to revitalize the bank’s operations and promote sustained business growth.
In a recent statement, Keystone Bank revealed that Lady Ada Chukwudozie has been appointed as the new board chairman, alongside five non-executive directors: Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello. The CBN also appointed two executive directors, Ladi Oluwole and Abubakar Usman Bello, to further strengthen the bank’s leadership.
Lady Ada Chukwudozie is a well-respected figure in Nigeria’s corporate landscape, bringing nearly 30 years of expertise in business strategy, management, and administration. Her experience spans various industries, including her roles with De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria, and Vogue Afrique Magazine.
Abdul-Rahman Esene, with an impressive 43 years of experience in banking, investment management, and corporate finance, has held leadership positions in renowned institutions such as Fidelity Bank, Afrinvest, and Global Arbitrage International Inc.
Mrs. Fola Akande contributes over 25 years of experience in legal, compliance, and risk management, having worked with global brands such as Cadbury, Stanbic Chartered Bank, and Shell.
Akintola Ayodeji Olusoji brings a distinguished 30-year career in accounting, finance, and business development, with experience at Sterling Bank, Access Bank, and Intercontinental Bank. Obijiaku Samuel, with over 35 years in banking and treasury operations, has made significant contributions to Nigeria’s financial sector, having previously worked with Zenith Bank and Fidelity Bank. Senator Farouk Bello, a seasoned banker with more than 20 years of experience, has led initiatives in both public and private sectors, including the National Assembly and Guaranty Trust Bank.
The new executive directors also bring valuable expertise to the board. Ladi Oluwole, appointed as Executive Director of Risk Management, has over 20 years of experience in credit and enterprise risk management, including previous roles at Bank of America. Abubakar Usman Bello, serving as Executive Director for the Northern Directorate, has extensive experience managing corporate, retail, and public sector clients.
Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed optimism regarding the new board members, emphasizing their wealth of experience as a crucial asset for the bank’s ongoing repositioning and growth.
“We are pleased to welcome the new chairman, non-executive directors, and executive directors to the board of Keystone Bank. 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.
