The Central Bank of Nigeria has announced a new appointment of executive officers for Union Bank, Keystone Bank, and Polaris Bank following the dissolution of the board of the banks on Wednesday.

The acting director of Corporate Communication, Sidi-Ali Hakama, made this disclosure in a circular dated January 10, 2024.

According to the CBN, the new executive officers will now oversee the affairs of the banks.

In addition, the apex bank noted that the appointment will take effect immediately.

The CBN said, “Board and Management of Union Bank, Keystone Bank and Polaris Bank on Wednesday, January 10, the CBN has appointed new executives to oversee the affairs of the bank.