by Niyi Jacobs
Polaris Bank has announced the constitution of a new Board of Directors, marking a significant milestone in the bank’s journey towards achieving sustained growth and delivering exceptional value to stakeholders. The new Board, headed by Dr. Kassim Gidado as Board Chairman, comprises ten members with diverse expertise and experience.
The appointments are a testament to Polaris Bank’s commitment to strengthening its position as a leading digital bank in Nigeria. The new Board members bring a wealth of knowledge and leadership qualities that will be invaluable in driving the bank’s strategic initiatives.
Dr. Gidado, the new Board Chairman, is an academic with over 35 years of experience in engineering, project management, and strategic development. He has held prestigious roles, including Group Managing Director and Chief of Staff at MAG Group Limited, and has advised governments and captains of industry on strategic and policy issues.
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 various fields, including law, finance, enterprise transformation, and real estate investment.
The Executive Management Team, led by Mr. Kayode Lawal, Managing Director/CEO, is supported by Mr. Chris Ofikulu, Executive Director, Retail and Commercial; Mrs. Abimbola Ozomah, Executive Director, Corporate & Investment Banking; and Sharafadeen Muhammed, Executive Director, Operations.
The constitution of the new Board and Executive Management Team reinforces Polaris Bank’s preparedness to retain a leading position in the post-recapitalization banking industry. The bank is poised for sustained growth and is committed to delivering exceptional value to its stakeholders.
