The new management team of Keystone Bank, led by Hassan Imam, has promised to operate in strict adherence to the guidelines of the Central Bank of Nigeria.
The bank in a statement on Friday said it is committed to serving customers and reassured its stakeholders and partners across the country of unhindered and smooth running of its operations.
“Following the Central Bank of Nigeria’s appointment of a new Managing Director and Chief Executive Officer for Keystone Bank, Mr. Hassan Imam, we would like to assure the general public of Keystone Bank’s continued operations within the guidelines of the CBN under the direction of the bank’s new leadership.
“Keystone Bank continues to operate in all its branches and across all channels.
“We assure our stakeholders, including customers, partners, and other stakeholders, that we are fully committed to serving them, as we remain dedicated to the safety of our customers’ deposits, financial well-being, and upholding the trust placed in us by our stakeholders,” the statement stressed.
According to the bank, prior to his appointment as CEO, Imam, who has over 25 years of banking experience, served as the executive director of the north directorate at Fidelity Bank, since January 2020.
Imam also holds a bachelor’s degree in Economics and three other master’s degrees, including an MBA which he obtained from Business School Netherlands. He is also a member of the chartered public accountant.
The bank’s statement followed the recent dissolution of the board and management of three financial institutions namely; Keystone, Union, and Polaris by the CBN.
On January 10, 2024, the financial regulator dissolved the boards of the aforementioned banks, citing some infractions ranging from regulatory non-compliance, corporate governance failure, disregarding the conditions under which their licenses were granted, and involvement in activities that pose a threat to financial stability, among others.
However, the CBN in a swift move appointed a new management board to take over the affairs of the banks in less than 24 hours.
