Polaris Bank

Polaris Bank, LSETF Launches ₦1bn Fund For Artisans

Polaris Bank, LSETF Launches ₦1bn Fund For Artisans

As part of their initiatives to further restrategise the business sphere among artisans in Lagos State, the Lagos State Employment Trust Fund (LSETF), in collaboration with Polaris Bank has launched a fresh ₦1 billion fund for artisans operating in the state.

Mr Segun Opeke, the Executive Director, Lagos Business, Polaris Bank during a joint media launch of the fund on Thursday in Lagos said that its initiative was to empower the artisans.

Opeke made it clear that the partnership with the LSETF was aimed at providing the much-needed funding to create wealth for the artisans and players within the Micro, …

Innocent Ike Announced As Acting MD/CEO Polaris Bank

Innocent Ike Announced As Acting MD/CEO Polaris Bank

Mr Innocent Ike, has been named the acting Managing Director/CEO of Polaris Bank, effective from 1 September.

Mr Babatunde Osibodu, the Company Secretary, said his appointment was approved by the board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the shareholder of the bank.

Ike will hold forte as the incumbent CEO, Mr Tokunbo Abiru, is proceeding on retirement with effect from Aug. 31.

Osibodu said Abiru had completed his two terms of two years each, first as Group Managing Director/CEO, Skye Bank Plc and Managing Director/CEO Polaris …