In a significant development, the Central Bank of Nigeria (CBN) has constituted a full Board of Directors for Polaris Bank, Nigeria’s leading digital commercial retail bank.
The ten-man board, headed by Dr. Kassim Gidado as Board Chairman, brings together accomplished professionals with diverse expertise to drive the bank’s strategic initiatives.
Dr. Gidado, an academic with over 35 years of experience in engineering, project management, and strategic development, will lead the board.
His wealth of expertise and dynamic vision will be invaluable to the bank’s growth. Previously, he managed a diverse portfolio of companies across 35 countries as Group Managing Director and Chief of Staff at MAG Group Limited.
The non-executive directors include: Dr. Akwa Effiong Okon, a seasoned finance expert with experience in law and banking, Ambursa Abubakar Umar, an expert in enterprise transformation and development finance
Ayaba Ayo-Joseph, a veteran banker with expertise in corporate management and strategy execution Subulade Giwa Amu, a seasoned professional in financial services, real estate investment, and business process re-engineering
Dr. Onosode Christopher, an economist with expertise in business systems analysis and policy analysis
The executive management team, led by Managing Director/CEO Kayode Lawal, will work closely with the new board. Lawal, a seasoned banker, is committed to excellence and leadership. Other executive directors include:
Chris Ofikulu, Executive Director, Retail and Commercial
Abimbola Ozomah, Executive Director, Corporate & Investment Banking
Sharafadeen Muhammed, Executive Director, Operations
The constitution of the full board reinforces Polaris Bank’s preparedness to retain its leading position in the post-recapitalization banking industry.
The new board’s diverse expertise will enrich ongoing strategic initiatives aimed at strengthening the bank.
According to Kayode Lawal, “We are thrilled to welcome these seasoned professionals to the board of Polaris Bank.
“Their diverse expertise and leadership qualities will be invaluable as we drive our strategic initiatives aimed at strengthening our position in the industry.”
This development marks a significant step in Polaris Bank’s journey towards achieving sustained growth and delivering exceptional value to stakeholders.
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