Gadol Financial launches board committees

Gadol Financial Services Limited has announced its inauguration of the Board of Directors and the establishment of Board committees. Jakoh Edward Korosi, chairman of the Board of directors, made the announcement in Abuja, last week.

In a statement issued by the finance company, Korosi will now serve as chairman, Board of Directors; Esesua Henrietta Adeyemi will serve as an independent director, while Queen Nwachukwu, Seember Danielle Shankyula and Womi Ebri will serve as non-executive directors. All appointments have been confirmed by the Central Bank of Nigeria.

Patrick Obi-akatchak has also been confirmed as MD/ CEO by the Board of Directors, a banker with over 12 years of experience in credit and risk management, investment banking, public sector and retail banking.

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Commenting on the recent development, Obi-akatchak said, “A hearty congratulations to each and everyone on their appointments. We believe this is a step in the right direction and we look forward to greater achievements. “We will continually uphold the highest standards of corporate governance and adhere strictly to industry guidelines to change the dynamics of financial services for the benefits of our customers and ultimately the society.”

In line with best financial practices, Gadol Financial Services Limited has also launched its Board committees, with women leading over 90 percent of these committees. They are Audit and Risk Management Committee with Esesua Adeyemi as the chairman, and the Credit Committee with Queen Nwachukwu, as the chairman. Basic Governance and Nomination Committee with Womi Ebri as the chairman, and the Remuneration & Human Resource Committee with Seember Danielle Shankyula as the chairman.