Polaris Bank announces new leadership, names Kassim Gidado as Chairman
By Oluwaseyi Lawal
Polaris Bank has unveiled a new Board of Directors, marking a crucial step in the bank’s ongoing efforts to achieve long-term growth and provide exceptional value to its stakeholders. The Board, led by Dr. Kassim Gidado as Chairman, consists of ten members who bring a wide range of expertise and experience.
These appointments highlight Polaris Bank’s dedication to strengthening its position as a leading digital bank in Nigeria. The new board members possess extensive knowledge and leadership skills, which will play a key role in advancing the bank’s strategic goals.
Commenting on the appointments, Kayode Lawal, the bank’s Managing Director and Chief Executive Officer (CEO), expressed confidence that the broad expertise of the new board members would greatly enhance the bank’s ongoing efforts to solidify its role as a top digital bank.
He said, “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 the bank as a leading Nigerian digital bank. These appointments mark a significant step in Polaris Bank’s journey toward achieving sustained growth and delivering exceptional value to our stakeholders.”
Dr. Gidado, the new Chairman, is an academic with over 35 years of experience in engineering, project management, and strategic development. His distinguished career includes serving as Group Managing Director and Chief of Staff at MAG Group Limited, as well as advising government bodies and industry leaders on strategic and policy matters.
Other non-executive directors include Dr. Akwa Effiong Okon, Mallam Ambursa Abubakar Umar, Mrs. Ayaba M. Ayo-Joseph, Mrs. Giwa-Amu Subulade Ibironke, and Dr. Onosode Christopher. Their expertise spans fields such as law, finance, business transformation, and real estate investment.
The Executive Management Team, led by Managing Director/CEO Mr. Kayode Lawal, is further strengthened by Mr. Chris Ofikulu, Executive Director of Retail and Commercial; Mrs. Abimbola Ozomah, Executive Director of Corporate & Investment Banking; and Mr. Sharafadeen Muhammed, Executive Director of Operations.
The establishment of this new Board and Executive Management Team underscores Polaris Bank’s readiness to maintain its leadership in the post-recapitalization banking sector. The bank is well-positioned for sustained growth and remains committed to delivering outstanding value to its stakeholders.
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