Sterling Financial Holdings Company Plc has appointed Gul Khan as managing director of Alternative Bank Limited, its non-interest banking subsidiary, efficient 5 November.
The Central Bank of Nigeria (CBN) authorized the appointment, in line with a regulatory submitting made on Wednesday.
According to the group, the appointment is a strategic step in the direction of advancing Alternative Bank’s ambition to turn out to be Nigeria’s main revolutionary digital non-interest financial institution.
Mr Khan was appointed following the retirement of Hassan Yusuf, efficient 4 November, after the latter accomplished his tenure.
The board expressed its appreciation to Mr Yusuf for his dedication, management and worthwhile contribution to the expansion of Alternative Bank.
READ ALSO: Sterling Financial reports 37.1% growth in nine-month profit before tax to ₦97.28bn
About Khan
Mr Khan is a seasoned monetary providers government with over 25 years of expertise throughout Africa, Europe, the Americas, Asia and the Middle East.
He is recognised for driving enterprise progress, transformation, and innovation throughout the banking, fintech, and funds sectors, with experience spanning retail banking, digital monetary providers, product growth, and large-scale transformation initiatives.
Before his appointment, Mr Khan served as chief government officer of I&M Bank Limited in Kenya, the place he led a interval of accelerated progress and transformation, delivering nice enhancements in income, profitability and market share.
Before becoming a member of I&M Bank, he served as the pinnacle of merchandise at Airtel Money Africa. In that position, he drove substantial income progress, expanded the platform’s lively buyer base and supported main fairness funding initiatives.
Mr Khan has additionally held senior management positions at main monetary establishments together with HSBC, ADIB, Gulf Bank, and Doha Bank, with duties spanning retail banking, wealth administration, digital transformation and strategic planning throughout a number of areas.
Mr Khan’s in depth expertise scaling digital monetary providers, creating revolutionary merchandise, and driving enterprise transformation throughout a number of markets is anticipated to spice up the Alternative Bank’s progress drive.
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