The President of the Nigerian Senate, His Excellency, Senator Godswill Obot Akpabio has named the Senator representing Lagos East Senatorial District, Distinguished Senator Mikhail Adetokunbo Abiru, FCA, as the Chairman of the Senate Committee on Banking, Insurance and Other Financial Institutions for the 10th Senate. He was Chairman of the Senate Committee on Industries in the 9th National Assembly.
Senator Abiru, a retired bank Chief Executive, is an accomplished banker and astute administrator who had a sparkling career at top financial institutions spanning three decades. He rose to become an Executive Director at First Bank of Nigeria.
He was the pioneer and former Managing Director/Chief Executive Officer of Polaris Bank Limited. He led the turnaround of erstwhile Skye Bank Plc, as Group Managing Director/Chief Executive Officer, under a CBN-induced take-over of the Bank, in a bid to avoid its collapse and also preserve the stability of the overall Nigerian Financial System.
The President of the Senate also named other distinguished Senators as substantive chairmen of standing committees at the Senate.
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