The previous boards and management were dissolved on Wednesday.
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.
