In a strategic move aimed at ensuring sustained growth and development, the Central Bank of Nigeria (CBN) has reconstituted the board of directors of Keystone Bank.
This development, announced on Wednesday, marks a significant milestone in the bank’s restructuring efforts.
 Lady Ada Chukwudozie was appointed as the new board chairman.
Lady Chukwudozie brings nearly three decades of experience in business strategy, management, and administration to the table.
Her expertise spans multiple industries, including her roles as Managing Director of De-Endy Industrial Company Limited, President of the Manufacturers Association of Nigeria, and Publisher of Vogue Afrique Magazine.
Joining Lady Chukwudozie are five other non-executive directors, each with impressive credentials.
Abdul-Rahman Esene, with over 43 years of experience in banking, investment management, and corporate finance, has held leadership roles in major institutions such as Fidelity Bank, Afrinvest, and Global Arbitrage International Inc.
Mrs. Fola Akande boasts over 25 years of experience in legal, compliance, and risk management, having worked with global brands like Cadbury, Stanbic Chartered Bank, and Shell.
Her expertise will undoubtedly enhance the bank’s governance and risk management framework.
Akintola Ayodeji Olusoji has a distinguished 30-year career in accounting, finance, and business development, having served at institutions such as Sterling Bank, Access Bank, and Intercontinental Bank.
His expertise will provide valuable insights into the bank’s financial operations.
Obijiaku Samuel, with more than 35 years of experience in banking and treasury operations, has left a significant mark on Nigeria’s financial sector, previously working with Zenith Bank and Fidelity Bank.
His expertise will strengthen the bank’s treasury and financial management capabilities.
Senator Farouk Bello, a seasoned banker with over 20 years of experience, has led initiatives across both the public and private sectors, including the National Assembly and Guaranty Trust Bank.
His experience will provide strategic guidance to the bank.
In addition to the non-executive directors, two new executive directors have been appointed.
Ladi Oluwole, the new Executive Director of Risk Management, comes with over two decades of experience in credit and enterprise risk management, including previous roles at Bank of America.
Abubakar Usman Bello, Executive Director for the Northern Directorate, has extensive experience managing corporate, retail, and public sector clients.
His expertise will enhance the bank’s customer relationships and business development efforts.
Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed confidence in the new board members, stating,
“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.
