Keystone Bank names transition board

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Keystone Bank

Following its sale to new investors, Keystone Bank on Tuesday announced the appointment of Alhaji Umaru H. Modibbo and Mr. Hafiz Bakare as board Chairman and acting Managing Director/Chief Executive Officer respectively.

The lender also announced the appointments of Mrs. Yvonne Isichei as Executive Director as well as Mrs. Titilayo Tairat Adebiyi and Mr. Bulus Bunken Dan-Habu- as Non-Executive Directors.

A statement from the lender’s Head, Corporate Communications, Omobolanle Osotule, said the new board is a transitional governance arrangement, which follows: “the successful conclusion of the divestment of Keystone Bank Limited by the Asset Management Corporation of Nigeria (AMCON), which culminated in the Completion Meeting of 23 March 2017 and the formal handover of the bank to the Sigma Golf-Riverbank Consortium (the Consortium).”

According to the…

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