Taking after its deal to new speculators, Keystone Bank on Tuesday reported the arrangement of Alhaji Umaru H. Modibbo and Mr. Hafiz Bakare as board Chairman and acting Managing Director/Chief Executive Officer separately.
The moneylender additionally declared the arrangements of Mrs. Yvonne Isichei as Executive Director and in addition Mrs. Titilayo Tairat Adebiyi and Mr. Bulus Bunken Dan-Habu-as Non-Executive Directors.
An announcement from the moneylender's Head, Corporate Communications, Omobolanle Osotule, said the new board is a transitional administration game plan, which takes after: "the effective finish of the divestment of Keystone Bank Limited by the Asset Management Corporation of Nigeria (AMCON), which finished in the Completion Meeting of 23 March 2017 and the formal handover of the bank to the Sigma Golf-Riverbank Consortium (the Consortium)."
As indicated by the announcement: "The transitional administration game plan, which will produce results from the first of April 2017 is liable to endorsement by the Central Bank of Nigeria. By the 31st of March 2017, the present leading body of the bank (counting the MD/CEO, Mr. Philip Ikeazor) would have completely withdrawn, aside from Mr. Bakare and Mrs. Isichei, who will proceed as a component of the transitional administration board."
Modibbo began his working vocation as a Commercial Officer in the then Gongola State Civil Service, and would later join the Gongola State Investment Company Limited where he rose to the rank of Senior Investment Executive.
A 1983 graduate of Business Administration from the Ahmadu Bello University, Zaria, Alhaji Modibbo qualified as a Chartered Stockbroker in 1991 and was chosen to the Council of The Nigerian Stock Exchange from 1993 to 1996. He is as of now an individual from the Investors Protection Fund (IPF) of the Nigerian Stock Exchange.
He established Sigma Pensions Limited, and filled in as its Managing Director/Chief Executive from first February 2011 to 31st October 2016.
Hafiz Bakare is right now the Executive Director, Corporate Bank and Treasury at Keystone Bank Limited additionally administering the Lagos and West Directorate. Prior to his arrangement to the Board of Keystone Bank in July 2014, he was running an administration counseling and limit improvement firm he established with the target of helping associations crosswise over various parts to convey feasible incentive in an inexorably difficult and dynamic condition.