Lawson, Gumel Join Fidelity Bank Board

Lawson, Gumel Join Fidelity Bank Board

05.09.2010


Fidelity Bank Plc has announced the appointment two experienced technocrats, Mr. Stanley Lawson and Alhaji Bashari Mohammed Gumel to join her Board as independent directors.



A statement from the bank made available to THISDAY, said this appointments are in line with international best practices and in a bid to position for the next level of her business.Independent Directors are board members whose appointments are based not necessarily on the volume of their shareholding but on the value that they bring to corporate governance as a result of their deep experience in various fields.



The appointment of the two has already been approved by the Central Bank of Nigeria, the apex regulatory body of the banking industry.Stanley Lawson has had a very brilliant career in banking and the Oil & Gas industries.  Until December last year, he was the Group Executive Director, Finance & Accounts and Chief Finance Officer of the Nigerian National Petroleum Corporation (NNPC), a position he held for five years.  In that position in NNPC, Lawson was credited with having led a team that, for the first time in the history of the country, raised a total of $6 billion in alternative funding for the oil industry between 2007 and 2009.



Before joining NNPC, Lawson according to the statement, had worked in banking industry for 17years and had risen to the position of Managing Director of African Express Bank (Afex Bank) between 2003 and 2004.On the other hand, Alhaji Bashari Gumel has had a very brilliant career in public service and corporate leadership. He was educated at Ahmadu Bello University Zaria, South Devon Technical College, Torquay England, Royal Institute of Public Administration, London, among others.



His career in public service started with Kano State where he worked from 1968 – 1980, rising to the peak of the state public service as a Permanent Secretary.  He served the nation as a member of the Constituent Assembly in 1988 – 1989.  At one time or the other, he has been a member of the Board of SCOA, National Electric Power Authority (NEPA), now Power Holding Company of Nigeria, Jigawa State Rural Electrification, where he served as Chairman. 


(Source:ThisDay)


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