Polaris Bank Boosts Customers’ Confidence As New CEO Takes Over

Polaris Bank has adopted an openness that is boosting the confidence of its stakeholders as new leaders take over.

The owner of one of the most valuable digital assets in this part of the world – VULTe, embraced a stakeholders’ confidence-boosting openness in the face of the Central Bank of Nigeria’s naming of a new Chief Executive Officer for its operations.

The Central Bank of Nigeria on Wednesday, January 10, 2024, dissolved the board and management of three financial institutions – Union Bank, Keystone and Polaris Bank.

And, on Thursday, January 11, 2024, appointed new executives for the banks – with Lawal Madathir Omokayode Akintola as the new Chief Executive Officer and Chris Onyeka Ofikulu, the Executive Director at Polaris Bank.

The perception managers at Polaris Bank refuse to give room for speculation as they stay at the forefront of explaining the happenings to the customers and related stakeholders.

The step that provided clarity for the bank’s public established the key understanding that “Customers will continue to enjoy seamless service whether in-person or via alternate channels. Also, all branches and platforms will remain open and active to serve existing and prospective customers”.

And went on to assure that “the bank will keep communication channels open and continually update all stakeholders”.

Checks revealed that the step tremendously boosted the confidence of customers and other publics of the bank as the new episode expected to take the financial institution to greater heights unfolds.

With 30 years of experience in the banking world under his belt, the new Chief Executive Officer brings on board added specialized expertise in oil and gas, telecommunications, manufacturing, and other infrastructural projects sectors.

He is a former Executive Director of Corporate and Investment Banking at Sterling Bank Plc.