CBN Elect New Executives To Take the Helm at Union, Keystone, and Polaris Banks

The Central Bank of Nigeria (CBN) has appointed new executive officers to Union Bank, Keystone Bank, and Polaris Bank, following the dissolution of their boards on Wednesday. The announcement was made through a circular dated January 10, 2024, by the acting director of Corporate Communication, Sidi-Ali Hakama.

The appointed executives are set to play a pivotal role in overseeing the affairs of their respective banks. The CBN emphasized the immediacy of these appointments, with the new leaders taking charge effective immediately.

The new leadership structure includes:

Union Bank:

• Yetunde Oni — Managing Director/Chief Executive Officer
• Mannir Ubali Ringim — Executive Director

Keystone Bank:

• Hassan Imam — Managing Director/ Chief Executive Officer
• Chioma A. Many — Executive Director

Polaris Bank:

• Lawal Mudathir Omokayode Akintola — Managing Director/ Chief Executive Officer
• Chris Onyeka Ofikulu — Executive Director

These appointments signal a strategic move by the CBN to reshape the leadership landscape of these banks, emphasizing a swift and decisive transition to navigate the financial landscape effectively.