Jobs/Appointments
Keystone Bank Appoints 3 Directors to Rejuvenate Growth
By Dipo Olowookere
Three new executive directors have joined the board of Keystone Bank Limited as part of efforts to sustain continued business growth of the company. They were promoted to join the boardroom after being General Managers of different departments of the company.
According to a statement on Monday by the divisional head, marketing and corporate communications of the bank, Mrs Omobolanle Osotule, the directors were appointed at the 49th Annual General Meeting (AGM) of the lender held in Lagos.
The new directors, whose appointments are subject to the approval of the Central Bank of Nigeria (CBN), include Tijjani Aliyu, Olaniran Olayinka and Lawal Ahmed.
They will join the executive management office to pursue and deliver on the bank’s strategic business objectives bringing to bear their in-depth wealth of banking experience garnered over the years across various sectors.
Chairman of Keystone Bank, Mr Umaru Modibbo, while commenting on the development, noted that the promotion of the three former General Managers to Executive Directors is in line with the bank’s corporate governance and culture of maximizing her human capital through consistent leadership development and training.
“Since we restructured, we have intentionally and proactively nurtured our talent in readiness for future leadership opportunities that will arise in the organisation.
“It is therefore a major feat for us that we were able to appoint the three new Executive directors from our internally groomed executives,” Mr Modibbo said.
Profiles of the appointees showed that Mr Tijjani Aliyu holds a Bachelor’s Degree in Economics from Bayero University, Kano and an MBA from the Bangor Business School, UK.
His experience spans over two decades in both regulatory and top financial institutions in Nigeria. He is a member of various professional bodies and has attended various courses within and outside Nigeria including INSEAD Business School and the US Federal Reserve Bank in Washington.
He is a consummate Risk professional and a member of Risk Managers Association of Nigeria (RIMAN), Chartered Institute of Bankers (ACIB, HCIB).
His experience in the financial services sector covers operations, treasury, Banking Supervision, Finance, Mergers and Acquisitions, and Risk Management. Until his elevation, he was the Chief Risk officer of Keystone Bank.
On his part, Mr Olaniran Olayinka holds a First Class Bachelor’s degree and a Master’s Degree in Economics from the prestigious University of Lagos. He has attended several executive courses and programs in Banking Operations, Credit, Risk Management, Business Process Re-engineering, Change Management amongst others.
He had a four-year stint with PricewaterhouseCoopers and 25 years banking experience covering Operations, Human Resources Management, Corporate Banking, Commercial Banking, Retail Banking and Institutional Banking.
Until his elevation, he was the Regional Head Corporate Bank and West, Keystone Bank Limited.
For Mr Lawal Ahmed, he holds an LL.B Degree from the University of Jos, and an LL.M Degree from University of Dundee, United Kingdom. He has over 19 years post-call experience that cuts across Legal Practice, Banking Regulation, Process Improvement, Conflict Resolution, Project Management and Regulatory Compliance.
He is a Fellow of the Compliance Institute of Nigeria (FCIN) and has attended top global educational and professional institutions including the London School of Economics (LSE), UNESCO-IHE, Institute for Water Management Delft, Netherlands, the Clingendael Institute for International Relations, Den Haag, Netherlands, US Federal Reserve, Washington DC, USA and Financial Stability Institute of the Bank for International Settlements. Until his elevation, he was the Chief Compliance Officer of Keystone Bank Limited.
Keystone Bank is a technology and service-driven commercial bank offering convenient and reliable solutions to its customers.
By Adedapo Adesanya
President Bola Tinubu has appointed Mr Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation (AGF).
This was contained in a statement on Tuesday by presidential spokesman, Mr Bayo Onanuga.
“His appointment is effective immediately following the pre-retirement leave of the incumbent AGF, Mrs Oluwatoyin Sakirat Madein,” a part of the statement read.
“In announcing Madein’s successor, President Tinubu ensures a seamless transition in the administration of Nigeria’s treasury and consolidates the implementation of the present administration’s treasury policy reforms,” the statement added.
Mr Onanuga said Mr Ogunjimi brings over 30 years of extensive experience in financial management across the public and private sectors.
He described the appointee as a career civil servant and the most senior director in the Office of the Accountant General of the Federation (OAGF),
“He has held significant positions, including Director of Funds at the OAGF and Director of Finance and Accounts at the Ministry of Foreign Affairs.
“A chartered accountant, certified fraud examiner, chartered stockbroker, and chartered security and investment specialist, Mr Ogunjimi’s academic qualifications include a Bachelor of Science (BSc) in Accountancy and a Master’s in Finance and Accounting,” the statement added.
According to Mr Onanuga, President Tinubu expressed his confidence in his appointment, saying, “The Office of the Accountant General of the Federation is pivotal to our nation’s treasury management operations. Mr Ogunjimi’s wealth of experience and notable competence will ensure the continued effectiveness of this vital institution as we advance our economic reform agenda.”
President Tinubu also commended the outgoing Accountant General of the Federation, Mrs Madein, for her dedication and selfless service to the nation.
After reaching the civil service’s statutory retirement age, Mrs Madein is retiring effective March 7, 2025.
By Adedapo Adesanya
The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirement as part of efforts by Governor Yemi Cardoso to restructure the workforce of the organisation.
In a statement released on Wednesday, the Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, clarified that its Early Exit Package (EEP) is entirely voluntary and without any negative repercussions for eligible staff.
According to the statement, the decision to implement the exercise was the outcome of extensive consultations with the bank’s Joint Consultative Council (JCC), a body representing staff interests.
Mrs Sidi Ali explained that the EEP, a longstanding policy previously accorded to the executive cadre, has now been made available to eligible staff at all levels.
“For some time, staff representatives through the JCC had called on management to approve the early exit package for all cadres. Following these discussions, management decided to meet this popular demand,” she said in the statement.
Addressing concerns about potential repercussions for staff who decline the package, Mrs Sidi Ali reaffirmed management’s commitment to supporting employees’ professional growth and well-being, describing the concerns as unfounded.
She further emphasized that the initiative is an internal corporate matter designed to promote career development for staff.
According to wide spread reports, there have been plans to retire approximately 1,000 employees by the end of the year with a payoff estimated to cost over N50 billion.
The mass retirement, which was announced in a circular issued three weeks ago, mandates affected employees to apply for the Early Exit Package (EEP).
The statement allegedly warned employees with less than one year of service or unconfirmed appointments to refrain from applying for the program, noting that the application would remain open until December 7, with an effective exit date of December 31, 2024.
It was reported that the entire EEP was valued at N50 billion.
By Modupe Gbadeyanka
The Central Bank of Nigeria (CBN) has approved the appointment of Mr Benson Ogundeji as the chief executive of Greenwich Merchant Bank Limited.
The board of the financial institution for businesses had picked Mr Ogundeji as its substantive CEO but awaited the authorisation of the banking sector regulator.
He brings over three decades of extensive banking experience to this role as a seasoned financial services professional, who previously served as Executive Director at Greenwich Merchant Bank from July 2020, where he played a pivotal role in the bank’s successful transition from the legacy Greenwich Trust Limited to a merchant bank.
In this capacity, he provided oversight for Corporate Banking, Treasury and Global Markets.
Throughout his career, Mr Ogundeji has demonstrated exceptional expertise in business development and operational excellence.
Before joining the firm, he held various senior leadership roles at prominent financial institutions, including Ecobank Nigeria, GTBank, and other notable banks, where he consistently displayed exceptional leadership skills.
His appointment comes at a crucial time as Greenwich Merchant Bank commences the next phase of its growth plans. Having related closely with the new CEO, as an Executive Director and acting CEO in the last four years, the board has expressed confidence about his ability to lead the bank in delivering our strategic goals.
“The board is pleased to announce the appointment of Benson Ogundeji as our Managing Director/Chief Executive Officer,” the chairman of Greenwich Merchant Bank, Mr Kayode Falowo, stated.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism8 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking6 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN