CBN Appoints New Board of Leadership for Keystone Bank

The Central Bank of Nigeria (CBN) has announced a restructuring of the board of directors for Keystone Bank, a move aimed at ensuring sustained growth and robust corporate governance within the financial institution.

This announcement was made on Wednesday, September 18, 2024. Ada Chukwudozie has been appointed as the new board chairman, leading a team of five newly appointed non-executive directors: Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello.

In addition to these appointments, Ladi Oluwole and Abubakar Usman Bello have been named as the new executive directors.

Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed optimism about the new appointments. "We are pleased to welcome the new chairman, non-executive directors, and executive directors to the board of Keystone Bank," said Imam. "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."

This strategic move by the CBN is part of its broader strategy to enhance leadership and operational excellence within Nigeria's financial sector.

The reconstitution of the board signifies a commitment to strong leadership and aims to provide a secure and reliable banking experience to customers.