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Home Economy Finance

CBN Appoints New Executives for Union Bank, Keystone and Polaris Banks

by Techeconomy
January 11, 2024
in Finance
2
deficit spending report by cbn, Cardoso and IOCs and MPC
Olayemi Cardoso, Governor of the Central Bank of Nigeria

Olayemi Cardoso, Governor of the Central Bank of Nigeria

UBA
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Few hours after dissolving the Board of Directors and the Management of Union Bank, Keystone Bank, and Polaris Bank, the Central Bank of Nigeria (CBN), has appointed new chief executives for these banks.

In a statement by Mrs Sidi Ali, Hakama, the acting director of Corporate Communication of CBN, on the Bank’s verified X handle @cenbank says the newly appointed executives are to assume their roles with immediate effect.

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. Mang – Executive Director

Polaris Bank

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

The Central Bank of Nigeria (CBN) had dissolved the Board and Management of Union Bank, Keystone Bank, and Polaris Bank on Wednesday.

CBN appoints CEOs for Union Bank, Keystone and Polaris
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CBN’s announcement

Acting Director, Corporate Communications, Mrs Sidi Hakama in a statement says the action became necessary due to the non-compliance of these banks and their respective boards with the provisions of Section 12(c), (f), (g), (h) of Banks and Other Financial Institutions Act, 2020.

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    Techeconomy

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Tags: CBNHassan ImamLawal Mudathir Omokayode AkintolaYetunde Oni
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  1. Pingback: PROFILE – Meet Yetunde Oni, Union Bank’s MD/COO - Tech | Business | Economy
  2. Pingback: Fitch Places Union Bank Ratings on Negative Watch - Tech | Business | Economy

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