Corporate Governance

Governance Structure

Shareholders’ Meeting: Shareholders meetings are duly convened and held in line with the Bank’s Articles of Association and existing statutory and regulatory regimes in an open manner, for the purpose of deliberating on issues affecting the Bank’s strategic direction.

This occurs through a fair and transparent process and also serves as a medium for fostering interaction between the Board, Management and Shareholders. Attendance at the Annual General Meeting is open to shareholders or their proxies while proceedings at such meetings are usually monitored by members of the press, representatives of the Nigerian Stock Exchange, Central Bank of Nigeria and Securities and Exchange Commission. The Board ensures that shareholders are provided with adequate notice of the Meeting. An Extraordinary General Meeting may also be convened at the request of the Board or Shareholders holding not less than 10% of the Bank’s paid- up capital.

We aim to provide the best products, services, and experiences to our customers.

We believe that in all our engagements, good corporate governance not only creates and builds shareholder value, but ensures that all our staff, along with processes undertaken in the execution of our duty, are ethical and promote positive outcomes for our stakeholders.

Our Board is the custodian of our governance principles as set out in our Board Charter and contained in various policies and standards. We have a solid Corporate Governance Framework, reviewed periodically by our Board of Directors to ensure fairness, accountability, and transparency in all the Bank’s Day to day business activities and decisions.