Keystone Bank Appoints Sule Acting MD/CEO as Ohiwerei Resigns

By Dipo Olowookere

Mr Abubakar Danlami Sule has been appointed as the acting Managing Director/CEO of Keystone Bank Limited, the fastest growing financial institution in Nigeria.

Mr Sule, whose appointment is subject to the approval of the Central Bank of Nigeria (CBN), is taking over affairs of the bank following the resignation of Mr Ohiwerei, who wants to pursue other personal interests.

In a statement by the General Counsel and Company Secretary of the bank, Dr Michael Agamah, on Saturday, it was emphasised that the board recognized and appreciated Mr Obeahon’s immense contributions to the growth of Keystone Bank and the visibility the lender had attained as a brand in the past 18 months.

Mr Sule is a graduate of Ahmadu Bello University, Zaria with degree in Accounting. He is a Fellow of the Institute of Chartered Accountants of Nigeria; an Honourary Member of the Chartered Institute of Bankers of Nigeria; a Governing Member of the Chartered Institute of Bankers of Nigeria; and an Alumni of both the INSEAD (France) and Wharton Business School in Pennsylvania, USA. He was until his appointment as Acting MD/CEO, the Deputy Managing Director of Keystone Bank Limited.

He has over 29 years of cutting-edge banking experience with competences in Corporate Banking, Operations, Treasury Management, Credit Structuring, Corporate Planning, as well as possession of very strong relationship management skills.

Mr Sule had also served briefly as the Managing Director of Sterling Capital Limited, the Investment Banking Subsidiary of Sterling Bank Plc in 2009.

While at Sterling Capital Limited, he was appointed by the CBN as part of the Executive Management team to turnaround the fortunes of erstwhile Intercontinental Bank Plc.

He eventually returned to Sterling Bank Plc as Executive Director in charge of the North and Corporate Banking. He also worked briefly in Standard Chartered Bank Limited before he joined Keystone Bank.

Keystone Bank is a technology and service-driven commercial bank offering convenient and reliable solutions to its customers.