Polaris Bank has announced the appointment of a new 10-member Board of Directors following a reconstitution by the Central Bank of Nigeria (CBN). This move marks a key transition and highlights the bank’s successful management efforts and future aspirations.

The newly constituted board will be chaired by Dr. Kassim Gidado, a renowned academic and strategic development expert with over 35 years of experience. He brings extensive expertise in public-private partnerships, infrastructure development, and project management, having previously held prominent roles, including Group Managing Director at MAG Group Limited.

Dr. Gidado will be supported by five Non-Executive Directors: Dr. Akwa Effiong Okon, Mallam Ambursa Abubakar Umar, Mrs. Ayaba M. Ayo-Joseph, Mrs. Subuuade Giwa Amu, and Dr. Onosode Christopher. Each of these directors brings a wealth of experience from various sectors, ranging from finance and law to enterprise transformation and real estate.

Among the executive management team are Mr. Kayode Lawal (Managing Director/CEO), Mr. Chris Ofikulu (Executive Director, Retail and Commercial Banking), Mrs. Abimbola Ozomah (Executive Director, Corporate & Investment Banking), and Mr. Sharafadeen Muhammed (Executive Director, Operations). The leadership team is noted for its extensive experience and is expected to steer the bank through its digital transformation and strategic growth initiatives.

Mr. Lawal expressed excitement about the new appointments, highlighting that the diverse expertise of the board members would play a crucial role in driving Polaris Bank’s growth strategy. “These appointments mark a significant step in Polaris Bank’s journey towards achieving sustained growth and delivering exceptional value to our stakeholders,” he said.

The reconstitution of the board signals a positive trajectory for Polaris Bank, reinforcing its position as a leading digital commercial retail bank in Nigeria.