Who Is Tokunbo Abiru Of LASG, Defunct Skye Bank and Now Polaris Bank Nigeria?

Tokunbo Abiru is the Group Managing Director/Chief Executive Officer of Skye Bank Nigeria one of the country’s top indigenous banks before it became defunct and acquired by the Central Bank of Nigeria which renamed it Polaris Bank. Before he rose to the top position, Tokunbo Abiru began his career at Guarantee Trust Bank GTB where he served for 10 years and then proceeded to First Bank of Nigeria serving for as long as 14 years as the relationship Team Lead, Retail Banking and Business Development Manager, and Group Head, Corporate Banking.

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Mr Tokunbo Abiru was appointed as Lagos State Commissioner of Finance in 2011 by former Lagos state Governor Babatunde Fashola but later resigned from the position in 2013 to take up the role of the Executive Director, Corporate Banking of First Bank Nigeria Ltd before retiring from the position 2016. Tokunbo Abiru is mostly recognized for the the leading role he played in gaining Lagos state a floating bond of N80 billion during his time as the Finance Commissioner, which earned the state the EMEA Finance’s Best Local Currency Bond Award for 2012, and also his efforts that led to the increased Land Use Charge revenue generations to the tune of N6.2bn following his led initiative on taxation in Lagos State after the discovery of over 5.5 million tax evaders in 2013.


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