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Providus Bank appoints Tukur as non-executive director – Punch Newspapers


Providus Bank has appointed Mr. Mahmud Tukur as a non-executive director.

In a statement made available to The PUNCH on Monday, it was indicated that his appointment was ratified at the bank’s Annual General Meeting, held in Victoria Island, Lagos recently.

Tukur is the founder and Group Chief Executive Officer of Ashgrove Group. He is an award-winning global business leader with three decades of experience across the energy, maritime, infrastructure, and technology sectors.

The bank said that this appointment reinforces its commitment to excellence in governance, innovation, and sustainable growth.

The Executive Management of Providus Bank, in the statement, expressed confidence in Tukur’s abilities, saying, “We are delighted to welcome Mr. Mahmud Tukur to our Board. His extensive experience and multifaceted skill sets, including corporate governance, risk management, strategy, and performance management, will be invaluable as we strengthen our strategic direction and drive sustained growth.

“His leadership acumen and deep industry insights align with our vision for future-forward banking.”

MTukur became the youngest CEO of a publicly listed company in Nigeria at age 37 when he was appointed to lead Eterna Plc, an indigenous downstream oil company listed on the Nigerian Stock Exchange.

He holds a Joint Honours degree in Accounting & Management from the Business School of the University of Wales College, Cardiff. He is a member of the Chartered Institute of Directors, a Fellow of the Chartered Institute of Shipping (Nigeria), and a member of several chambers of commerce. He is also a recipient of a national honour, Officer of the Order of the Mono, from the Republic of Togo.

Mahmud joins the distinguished nine-member Providus Bank Board, chaired by Hussaini Dikko.

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