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Keystone Bank Appoints New CEO, Prepares For Change Of Name

03/04/2017 09:47

Dear customer,

In the last two weeks, we have provided you with series of updates in respect of the hand-over of the Bank to the Sigma Golf-Riverbank Consortium upon the successful conclusion of the Asset management Corporation of Nigeria (AMCOM), the Bank's erstwhile owners.

The events within this period culminated in the completion of the erstwhile managing Director/CEO, Mr. Philip Ikeazor's tenure on Friday 31st March 2017 and my assumption of office as Acting Managing Director/CEO effective 1st April, 2017. Being a member of the immediate past board and management of the Bank, I have the institutional memory which would be leveraged to the advantage of the bank and akll stakeholders, especially customers.

The transition has been seamless and I am pleased to lead the bank into the next phase of its corporate existence as a privately-owned financial institution. As earlier communicated, I will be performing this role as a member of the transition board which has Alhaji Umaru Modibbo as Chairman, and the Bank will operate under this transitional arrangement until the full complement of the new board is in place.

I thank you for your business patronage and the confidence reposed in Keystone Bank.

As we progress in this new phase, please be assured that the Bank's capacity will be enhanced in all respects to serve you better.

Thank you.

Hafiz Bakare
Ag. Managing Director/CEO

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