Signature Bank Appoints Borodo as Acting Chairman

Signature Bank has announced the appointment of Tijjani M. Borodo, as the new Acting Chairman of the Board of Directors, following the retirement of Dr. Mutiu Sunmonu.

In a statement, the bank said Sunmonu’s leadership played a pivotal role in guiding Signature Bank through its start-up phase, positioning it for future growth and success.

Speaking on the appointment, the Board of Signature Bank expressed its gratitude to Dr. Sunmonu for his steadfast dedication and contributions to the Bank’s foundation and growth. His two-year stewardship was pivotal in guiding Signature Bank through its formative years, and the Bank will continue to benefit from the strong foundations laid under his leadership.

According to the statement, Alhaji Borodo brings with him over 40 years of cognate experience which spans through banking and legal practice. He is widely respected for his legal expertise and leadership in corporate governance.

The statement said: His distinguished career includes fellowships at the Chartered Institute of Directors (Nigeria), the Society for Corporate Governance Nigeria, the Institute of Chartered Secretaries and Administrators, Nigeria and the National Institute of Credit Administration.

“In addition, Alhaji Borodo is an active member of the International Bar Association, Nigeria Bar Association, and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria.

“Currently, Alhaji Borodo is the President and Chairman of Governing Council, Chartered Institute of Directors (CIoD) and the Principal Partner at Tijjani M. Borodo & Associates, a top-tier law firm with offices in Lagos and Abuja, where he has built a reputation for excellence and integrity in legal services.

“We welcome Alhaji Tijjani M. Borodo to his new role and look forward to his leadership as we continue to offer world-class banking solutions to our esteemed customers.

“Signature Bank remains committed to its vision of providing innovative financial solutions that meet the evolving needs of its customers, while maintaining the highest standards of governance and professionalism.”