Less Than 24 Hours, CBN Names Replacement For Sacked CEOs Of Polaris, Union, Keystone Banks

In less than 24 hours, the Central Bank of Nigeria has appointed new executive directors to oversee the affairs of the deposit money banks whose CEOs were fired.

BIGPEN NIGERIA (https://bigpenngr.com) reports that the appointment was contained a statement signed by the acting Director of Corporate Communications, Sidi Hakama, Thursday morning.

The appointment takes immediate effect.

The statement said, Yetunde Oni, the first female CEO of the Standard Chartered bank in Sierra Leone, was appointed as the Chief Executive Officer of Union Bank, while Mannir Ubali Ringim was selected as the Executive Director of the tier-2 bank.

For Keystone Bank, Hassan Imam was appointed as its Chief Executive Officer, while Chioma Mang got the position of Executive Director.

Also, the bank appointed Lawal Mudathir Omokayode Akintola as the Chief Executive Officer of Polaris Bank and Chris Ofikulu as its Executive Director.

The CBN statement read, “Following the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank on Wednesday, January 10, the CBN has appointed new executives to oversee the affairs of the banks;

“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

Recall that on Wednesday night, the apex bank sacked the entire board of four banks for grievous infringements of financial laws.