Appointments & Promotions Sterling Bank gets 2 directors

Sterling Bank Nigeria Plc has appointed Folasade Kilaso and Michael Ajukwu as its nonexecutive director and independent director respectively.

The Central Bank of Nigeria (CBN) has already approved the appointments, according to a statement from the bank.

Kilaso is a UK-qualified solicitor, who studied law at the University of Kent, Canterbury. She holds an LLM degree with specialisation in international corporate law and finance.

Kilaso, who was appointed a nonexecutive director of Sterling Bank in June 2018, according to the statement, is presently the principal partner, Berkeley Legal, and the managing director, Berkeley Training and Recruitment Services Limited.

She 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.

Also, Ajukwu holds a Bachelor of Science degree from the University of Lagos and has an MBA in accounting and finance from New York University.

Ajukwu was appointed an independent director of Sterling Bank in June, 2018.

He is also a non-executive director on the board of Intafact Beverages Limited (Nigerian sub-South African Breweries), Mobax Nigeria Limited (a South African company), Novotel, a member of Accor (a French hotel group) and an independent director on the board of Tiger Brand, South Africa.