Sterling Bank Plc Appoints Mrs Folasade Kilaso and Mr Micheal Ajukwu as Directors

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Wednesday July 11, 2018/3:45PM / NSE  


We wish to notify you of the appointment of Mrs. Folasade Kilaso and Mr. Michael Ajukwu as Non-Executive Director and Independent Director respectively on the Board of Sterling Bank Plc. The appointments have been approved by the Central Bank of Nigeria (CBN). 

Mrs. Folasade Kilaso is presently the Principal Partner, Berkeley Legal and Managing Director, Berkeley Training and Recruitment Services Limited. Prior to setting up these companies in 2014, Folasade was Executive Director at Standard Chartered Bank Nigeria. She joined Standard Chartered Bank in 2003 as Regional Head of Legal and Compliance, Africa based in Johannesburg, South Africa. 

She subsequently became the Head of Human Resources for Nigeria and West Africa, a position she held together with her Executive Director role. 

Folasade is a UK qualified solicitor as well as a qualified Nigerian Attorney. She studied Law at the University of Kent, Canterbury and holds an LLM degree from the University of Cambridge specializing in International Corporate Law and finance. 

She was appointed a Non-Executive Director on the Board of Sterling Bank Plc in June, 2018. 

Mr. Michael Ajukwu worked for 21 years in the banking industry retiring in 2002 as an executive board member of United Bank for Africa. He holds a B.Sc in Finance from the University of Logos and an MBA in Accounting & Finance from New York University. 

Mr. Ajukwu is currently a Non-Executive Director on the Boards of Intafact Beverages Ltd (Nigerian sub of South African Breweries), Mobax Nigeria Ltd (A South African Company) and Novotel- A member of ACCOR (A French Hotel Group). He is also an Independent Director on the Board of Tiger Brands SA. 

He was appointed an Independent Director on the Board of Sterling Bank Plc in June, 2018.


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