Polaris Bank Announces New MD/CEO

'Dotun Akintomide
Writer

Ad

Tribute to Professor Joy Ogwu By Kingsley Dike 

By Kingsley Dike There are very few people in this world whose chance encounter with you has such a transformative impact on your growth and development as a person. Professor Joy Ogwu, former Nigerian Foreign Minister and Permanent Representative to the United Nations, who recently passed, was one of them. I had met her at…

Sanae Takaichi Shatters Glass Ceiling, Becomes Japan’s First Female Prime Minister

By Abiola Olawale ​Sanae Takaichi officially made history on Tuesday, October 21, 2025, by being elected as Japan's first female prime minister following a parliamentary vote. Takaichi, an ultraconservative leader of the Liberal Democratic Party (LDP) secured the top post after a coalition deal with the right-wing Japan Innovation Party (Ishin no Kai). The 64-year-old…

Ad

Mr Innocent C. Ike has been appointed as the acting managing director of Polaris Bank Limited.

Ike’s appointment was announced by the bank’s board in a statement on Saturday.

He will succeed Mr Tokunbo Abiru, who recently retired from the bank after he was nominated by the All Progressives Congress (APC) in Lagos state as a replacement for Mr Bayo Osinowo, the deceased senator who represented Lagos East senatorial district.

Abiru, whose retirement takes effect on August 31, was appointed to head the bridge bank which took over the assets and liabilities of the now-defunct Skye Bank.

According to the statement, Ike’s tenure as acting managing director of the bank will be effective September 1, 2020.

“The incoming acting managing director/CEO was until now the executive director, technology & services while also overseeing the south-south/south-east directorate of the bank,” the statement read.

Ike joined the defunct Skye Bank in July 2016 as the executive director, technology & services after the Central Bank of Nigeria’s intervention in the bank.

He was reappointed in the same capacity in Polaris Bank Limited in September 2018, upon the acquisition of the assets and some liabilities of the defunct Skye Bank Plc by Polaris Bank.

Prior to his appointment on the board of Skye Bank, Ike was an executive director in Keystone Bank Limited.

Ad

X whatsapp