The Central Bank of Nigeria (CBN) has approved the appointment of Akinola George-Taylor as the new Managing Director and Chief Executive Officer of Heritage Bank.
The regulatory authority’s approval came six months after the bank appointed George-Taylor as acting managing director following the retirement of Ifie Sekibo.
In a statement made on Sunday, the Group Head of Corporate Communications at Heritage Bank, Ozena Utulu confirmed that the CBN had granted approval for the appointment of the bank’s Managing Director through a letter of no objection issued on 31st March.
Consequently, he said that the Board of Directors appointed George-Taylor as the bank’s substantive Managing Director.
George-Taylor started his banking career with Guaranty Trust Bank (GTBank) in 1993 where he occupied various positions.
He later rose to the position of Executive Director in charge of Public Sector Group, Abuja, and North-Central and Managing Director of GTBank in Sierra Leone from 2005 to 2009.
The new MD, according to the statement, will head the financial institution’s next phase of transformation.
The statement added: “He will oversee Heritage Bank’s operations across Nigeria and work to implement the lender’s next phase of transformation”.
