Nigeria: Keystone Bank Appoints Managing Director

The Board of Directors of Keystone Bank Limited has announced the appointment of Dr. Shehu Muhammad as its acting Managing Director/Chief Executive Officer.

Until the appointment, Muhammad was the bank’s Executive Director, Corporate Banking. His appointment followed the resignation of Oti Ikomi, the first chief executive officer of the bank. A statement from the bank described Muhammad as an astute and experienced banker.

Muhammad holds a Ph.D in Development Economics from Universite de Granoble II, France (1989); an MBA and a B.Sc. degree in Business Administration both from the Ahmadu Bello University, Zaria (1983 and 1979 respectively).

“Muhammad brings to Keystone Bank, robust intellectual capital, strong management consultancy skills and extensive commercial banking experience acquired over 18 years of engagement at ICON Limited (Merchant Bankers) Bank of the North Limited and Unity Bank Plc, with competence in strategy development, corporate planning, corporate banking, treasury marketing, and product development,” the statement added.

Copyright © 2012 This Day. All rights reserved. Distributed by AllAfrica Global Media ( To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.