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.
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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