CBN appoints new CEOs for Union, Keystone, Polaris banks
The Central Bank of Nigeria has appointed new executives for Union bank, Keystone bank and Polaris bank, following the dissolution of their management boards.
The new CEOs were revealed in a statement by the Acting Director, Corporate Communications, Sidi Ali Hakama, on Wednesday.
The previous boards and management were dissolved on Wednesday as a result of their non-compliance with the provisions of Section 12(c), (f), (g), (h) of Banks and Other Financial Institutions Act, 2020.
However, the apex unveiled the new executives and their positions. They are for the Union Bank, Yetunde Oni as the Managing Director/Chief Executive Officer and Mannir Ubali Ringim as the Executive Director.
For Keystone Bank, Hassan Imam is to assume the position of Managing Director/ Chief Executive Officer and Chioma A. Mang as the Executive Director.
However, for Polaris Bank, Lawal Mudathir Omokayode Akintola is the new Managing Director/Chief Executive Officer and Chris Onyeka Ofikulu is the Executive Director.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Economy
OPay names top 10 teams in N18 million national innovation challenge
As the top 10 teams advance to the Boot Camp, they move one step closer to transforming their ideas into solutions that can address real-world challenges.
Anti-Corruption
USAF cybercriminals Chijioke Odimegwu, Harafat Mogaji jailed 189 months for multimillion-dollar phishing heist
Chijioke Odimegwu and Harafat Mogaji, former members of the United States Air Force at the time, attacked businesses with email “spamming” and phishing campaigns.
Abuja
TCN announces maintenance, disruption in parts of Abuja
The Transmission Company of Nigeria says there will be a three-hour annual preventive maintenance exercise at the Kubwa 132/33kV transmission substation in Abuja.
NationWide
SPECIAL: Many Nigerians at risk as NAFDAC stays silent on cyanide testing in garri with 24 million battling vision loss
A NAFDAC spokeswoman told Peoples Gazette it did not know if cyanide is on the agency’s testing checklist and did not state how often market surveillance is conducted.
Economy
Benin secures €500 million in international financing with ADF support
Benin secured €500 million in international bank financing, supported by the African Development Fund, to facilitate priority investments in several sectors including education.
Economy
Navy recovers 80,000 litres of suspected stolen crude oil in Delta
The Nigerian Navy recovered approximately 80,000 litres of crude oil in anti-crude oil theft operations in Delta State.
