Mr. Philip Ikeazor Appointed Keystone Bank MD/CEO

Mr. Philip Ikeazor, has been appointed the substantive Managing Director/Chief Executive Officer (CEO) of the bank, acquired by Asset Management Corporation of Nigeria (AMCON) in 2011. Until his appointment, he was the Executive Director, Corporate and International/Investment Banking and Treasury, Union Bank of Nigeria Plc. He will be taking over from from Dr. Shehu Muhammad, who has been acting as the bank's managing director since October, last year.

With this appointment, Ikeazor becomes the second CEO of the bank as Mr. Oti Ikomi, who was appointed when the commercial bank was established resigned dramatically last October. Muhammed has since been acting as the CEO of the bank.

Ikeazor is a chartered accountant and graduate of Economics, University of Buckingham, England.

He is a professional banker with over 22 years cognate experience (largely in corporate and investment banking). He started his banking career in 1990 working for Nigerian American Merchant Bank, then affiliated to Bank of Boston, USA where he trained as a loan officer (1990-1996) and also worked at Merchant Banking Corporation (MBC), then affiliated to Bank Paribas (1996-2003).

He was a also director, Wholesale Banking with United Bank for Africa (UBA).

Ikeazor had handled commercial and offshore banking assignments in Ecobank Nigeria Limited. He was the pioneer Managing Director/Chief Executive of Ecobank Kenya Limited, a medium- sized commercial bank in Kenya affiliated to the Ecobank Group, between May 2008 and February 2009.