Polaris Bank has announced the constitution of a new 10-man Board of Directors, headed by Dr. Kassim Gidado as Board Chairman, following approval from the Central Bank of Nigeria (CBN) .The new board members bring a wealth of experience and expertise to the table, with backgrounds in engineering, law, finance, and business management.

Dr. Kassim Gidado, the new Board Chairman, has 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. Other Non-Executive Directors include Dr. Akwa Effiong Okon, Mallam Ambursa Abubakar Umar, Mrs. Ayaba M. Ayo-Joseph, Mrs. Subulade Giwa Amu, and Dr. Onosode Christopher.

The executive management team, led by Mr. Kayode Lawal, Managing Director/CEO, will work closely with the new board to drive strategic initiatives aimed at strengthening Polaris Bank’s position as a leading digital bank. Mr. Kayode Lawal expressed his enthusiasm about the new appointments, stating: “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 our position in the industry.”

He added, “These appointments mark a significant step in Polaris Bank’s journey towards achieving sustained growth and delivering exceptional value to our stakeholders.”

New Board Members:

– Dr. Kassim Gidado (Board Chairman)
– Dr. Akwa Effiong Okon (Non-Executive Director)
– Mallam Ambursa Abubakar Umar (Non-Executive Director)
– Mrs. Ayaba M. Ayo-Joseph (Non-Executive Director)
– Mrs. Subulade Giwa Amu (Non-Executive Director)
– Dr. Onosode Christopher (Non-Executive Director)

Executive Management Team:

– Mr. Kayode Lawal (Managing Director/CEO)
– Mr. Chris Ofikulu (Executive Director, Retail and Commercial)
– Mrs. Abimbola Ozomah (Executive Director, Corporate & Investment Banking)
– Sharafadeen Muhammed (Executive Director, Operations).