Sterling Bank announces board appointments

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Sterling Bank announces board appointments – Sterling Bank Nigeria Plc. has announced the appointment of two directors following approval by the Central Bank of Nigeria (CBN). The two new directors are Folasade Kilaso as a non-executive director and Michael Ajukwu as an independent director.

Folasade Kilaso is a Nigerian and UK qualified solicitor, who studied law at the University of Kent, Canterbury and holds an LLM degree with a specialization in international corporate Law and finance.

Kilaso was appointed a non-executive director of Sterling Bank in June 2018. She is presently the principal partner, Berkeley Legal, and the managing director, Berkeley Training and Recruitment Services Limited.

Prior to starting up these organisations, Kilaso was executive director at Standard Chartered Bank Nigeria after joining the bank in 2003 in the capacity of regional head of legal and compliance and subsequently became the head of human resources for Nigeria and West Africa, a position she held alongside her executive director role.

On his part, Michael Ajukwu, is a B.Sc holder in finance from the University of Lagos and has an MBA in accounting and finance from New York University.

Ajukwu who was appointed an independent director of Sterling Bank in June, 2018, is also a non-executive director on the board of Intafact Beverages Ltd (Nigerian sub-South African Breweries), Mobax Nigeria Ltd (a South African company) and Novotel- a member of Accor (a French hotel group) and an independent director on the board of Tiger Brand, SA.

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