Sterling HoldCo Subsidiary, Alternative Bank appoints Gul Khan as MD/CEO
The Alternative Bank Limited (Alt Bank), the non-interest banking subsidiary of Sterling Financial Holdings Company Plc, has appointed Gul Khan as its Managing Director and Chief Executive Officer, following approval by the Central Bank of Nigeria (CBN). The post Sterling HoldCo Subsidiary, Alternative Bank appoints Gul Khan as MD/CEO appeared first on Nairametrics .
Alternative Bank Limited, a non-interest banking subsidiary of Sterling Financial Holdings Company Plc, recently appointed Gul Khan as its Managing Director and Chief Executive Officer. The appointment was approved by the Central Bank of Nigeria (CBN) following a review process. Khan takes over from the bank's founding Managing Director, Hassan Yusuf.
The leadership change was announced in a press statement by Alt Bank. Muhtar Bakare, Chairman of Alternative Bank, expressed confidence in Khan's ability to expand the bank's reach and develop financial solutions for consumers and businesses. Khan cited his extensive international experience in financial services as a key reason for his appointment.
He aims to make Alt Bank the preferred choice for consumers and businesses in Nigeria. The bank has already met the CBN's revised minimum capital requirement for national non-interest banks, completing its migration to the MIZAN core banking platform ahead of the regulatory deadline. The Alternative Bank's strengthened capital base, coupled with its investment in technology, supports its capacity to finance business growth and develop products that meet customers' needs.
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