Blessed with an humility personified nature, Tokunbo Abiru connotes the proverbial gold fish that has no hiding place. Despite his lowkey lifestyle, he is a master in the banking sector. His astronomic rise in banking had become a wonderment to his detractors. He showed his sterling leadership qualities, over the year’s as a commissioner for Finance Lagos State, during the Raji Fashola led administration. Tokunbo is an authority when it comes to finance issues.
When the alumnus Harvard business school, took over as defunct Skye Bank MD, two years ago, during the bank’s trying times, CITYSPY gathered from a source that; ”Tokunbo displayed his unmatched dexterity and moved the bank from it’s dwindling financial status caused by the previous administration, before he took over and repositioned the bank to the apex. He ran the affairs of the bank with his wealth of experience as they survived the crisis and stayed in business”.
Despite his magic touch to keep the bank going, Central Bank Of Nigeria, few months ago, announced the sinking of Skye Bank and introduced Polaris Bank, injected billions of Naira to keep the bank afloat. Like the popular axiom which states that ‘Old wine tastes better’; due to the outstanding performance of Tokunbo Abiru and his team, managing the bank two years after it plunged into financial crisis, caused by the previous board, with debt running over 700Billion Naira, He was retained to keep watching over the affairs of Polaris Bank.
When the Lagos State University, graduate of Economics and his team were announced to keep paddling the affairs of the new Polaris Bank, many share holders supported the move. They have over the year’s, trusted Tokunbo to deliver and reposition the bank to meet an enviable standard. ”When Tokunbo and his team were retained by the Central Bank of Nigeria to remain as the Managing Director of Polaris Bank many people faulted the idea forgetting that; it was not Tokunbo that plunged the defunct Skyebank into crisis. His wealth of experience was a blessing as at the time he came in as the M.D. All what we need now is to keep praying and supporting him to ensure the bank rises in per capital investment, and also record high dividend for it’s diverse share holders” A source further added.
