Keystone Bank Appoints New Leadership as CBN Reconstitutes Board

The Central Bank of Nigeria (CBN) has restructured the board of Keystone Bank Limited to bolster its operations. In a statement released yesterday, Keystone Bank confirmed the appointment of Ada Chukwudozie as the new board chairman, alongside five non-executive directors: Abdul-Rahman Esene, Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Farouk Bello.

Additionally, the CBN named Ladi Oluwole and Abubakar Usman Bello as executive directors. Chukwudozie, an influential figure in Nigeria’s corporate landscape, brings nearly three decades of expertise in business strategy, management, and administration. Her experience spans multiple industries, including De-Endy Industrial Company, Dozzy Group, and the Manufacturers Association of Nigeria.

The other appointees bring extensive experience to the board, with Esene boasting 43 years in banking and investment management, while Akande has over 25 years in regulatory compliance, corporate governance, and risk management. Olusoji, with a 30-year career in finance, has held key roles at major financial institutions like Sterling Bank and Access Bank. Samuel, with over 35 years of financial expertise, has worked at Fidelity Bank, Zenith Bank, and PricewaterhouseCoopers.

Hassan Imam, Managing Director and CEO of Keystone Bank, expressed optimism about the new leadership, stating that the bank is well-positioned to seize emerging economic opportunities. The new appointments aim to reinforce strong corporate governance and enhance customer confidence in the bank’s services.