CBN Names Lady Ada Chukwudozie, Keystone Bank’s New Chair, Other 5 Non-Executive As Broad Members

Lady Ada Chukwudozie has been named the new Board Chair of Keystone Bank by the Central Bank of Nigeria (CBN). In addition to the other five non-executive directors, she was appointed.

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

To fortify Keystone Bank Limited’s operations for long-term commercial growth, the Central Bank of Nigeria (CBN) established a new board of directors, the financial institution said in a statement on Wednesday.

The two newly appointed executive directors of the CBN are Abubakar Usman Bello and Ladi Oluwole, BrandSpur banking and finance news reports.

Lady Ada Chukwudozie, the new board chair, is a well-known personality in Nigerian business, having worked in management, administration, and strategy for almost 30 years. Her experience includes work with several organisations and sectors, such as Vogue Afrique Magazine, Dozzy Group, the Manufacturers Association of Nigeria (MAN), and De-Endy Industrial Company Limited.

With more than 43 years of expertise, Abdul-Rahman Esene is qualified to provide advice services, corporate finance, investment management, and banking. Through his achievements and leadership positions at illustrious international institutions including Afrinvest, Global Arbitrage International Inc., Fidelity Bank PLC, the Nigeria Air Force, and Louisiana-Pacific Corporation, he has made a substantial impact on the financial sector in Nigeria and abroad.

With over 25 years of outstanding experience, Mrs. Fola Akande has navigated the intricate domains of legal, regulatory compliance, risk management, and corporate governance in a variety of domestic and global markets, such as Shell, Cadbury, and Stanbic Chartered Bank.

Akintola Ayodeji Olusoji has a successful career spanning financial companies like Sterling Bank, Access Bank, Intercontinental Bank, and Global Bank. She has over 30 years of expertise in accounting, finance, business growth, risk asset generation, and performance monitoring.

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Obijiaku Samuel has more than 35 years of experience in banking, treasury operations, and financial consultancy. His accomplishments and leadership positions in illustrious companies like PricewaterhouseCoopers, Zenith Bank Plc, and Fidelity Bank Plc have had a substantial impact on Nigeria’s financial system.

Sen. Farouk Bello is an accomplished banker with more than 20 years of experience in finance and banking operations. He has held leadership positions in both the public and commercial spheres, working for both private companies and regulatory organisations. He has a proven track record of shaping and delivering financial solutions and business processes to a variety of organisations, including the National Assembly and Guarantee Trust Bank (now GTCO).

Continuing, Abubakar Usman Bello, the Executive Director of the Northern Directorate, has a great deal of management and banking experience across a range of sectors, including managing clients in the public, corporate, retail, and commercial sectors. He has held management and strategic leadership positions.

Ladi Oluwole, Executive Director of Risk Management, has a track record of success in the financial services sector and more than 20 years of experience in enterprise and credit risk management. Before this, he was employed at Bank of America, North America as Senior Vice President and Senior Credit Officer, overseeing a sizable credit portfolio in the Corporate, Investment, and Commercial Bank.

Speaking about the hiring, the bank’s managing director and chief executive officer, Mr. Hassan Imam, emphasised that the bank will gain from the new hires’ extensive experience and expressed high confidence in them.

“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 to us as we continue to reposition the bank to make the most of emerging economic opportunities, hinged on strong corporate governance, and to provide our customers with a secure and reliable banking experience,” stated Imam.