Executive Management

Innocent C. Ike- MD/CEO

Mr. Innocent C. Ike is the Managing Director/CEO of Polaris Bank Limited. This follows from his appointment in September 2020 by the Board of Directors of Polaris Bank Ltd following the approval of Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder.

Mr. Ike was until his appointment the Executive Director, Technology and Services, responsible for designing the service framework of the then new acquisition. He was also responsible for superintending the South-South/South East Directorate of the Bank’s business.

Mr. Ike has garnered over three decades of an outstanding career in leading commercial Banks in Nigeria. He has leveraged in-depth industry knowledge to lead teams in developing and executing disruptive technologies through major corporate transformation and turnaround projects in the nation's financial services industry.

Through investment in people, technology, and processes, Mr. Innocent Ike as the MD/CEO, has ensured that Polaris Bank sustains a profit growth trajectory of a N28.9billion PBT in the 2020 Financial Year. This is in the face of global economic challenges of the COVID-19 pandemic era.

He has also led one of the most ambitious enterprise transformation initiatives which has accelerated growth across the Bank’s retail commercial and Small and Medium Enterprises (SMEs) banking space.

Mr. Ike’s digital leadership acumen has helped to position Polaris Bank as a digitally-enabled Bank leading to the award of the Bank’s flagship Digital Banking platform, VULTe as the Digital Bank of the Year 2021 by the prestigious BusinessDay Banks & Other Financial Institutional Award (BAFI); a feat widely acknowledged as a case study in painstaking planning and cautious execution. 

In his effort to build a sustainable enterprise, he has continued to raise the brand visibility of Polaris Bank to attract and retain huge and profitable business opportunities in both the retail and corporate segment of the market as well as making Polaris a Bank of choice for the young generation of banking employees and customers.

Mr. Innocent Ike’s career history underscores his status as a thoroughbred professional who rose through the hierarchy. Before his appointment to the Board of Skye Bank in 2015, Innocent was an Executive Director in Keystone Bank Limited, where he recorded outstanding contributions and achievements resulting in the successful turnaround, repositioning and eventual divestment of the Bank by the Assets Management Corporation of Nigeria (AMCON).

Before joining the Board of Keystone Bank in August 2014, Innocent had played critical roles in the growth and transformation of Access Bank Plc., where, within ten years, he rose to become a General Manager with responsibilities in the Corporate & Commercial Banking Divisions. He was at various times responsible for the Federal Capital Territory and the South-South Regions of the Bank.

Mr. Ike has also served as Chairman of Skye Bank Gambia Limited and currently serves as a Director of MainOne Cable Company Limited, Unified Payments Systems Limited, and Pay Attitude Global Limited.

Mr. Ike has acquired sound professional training and exposure in some of Nigeria's most reputable financial institutions. He worked in the erstwhile Fortune International Bank Plc., as well as GT Bank Plc., where he spent most of the early years of his career and in the process, occupied several key and sensitive positions in Treasury, Currency Trading, Commercial Banking; as well as Banking Operations Units. He equally trained and qualified as a Chartered Accountant in the international accounting firm of Deloitte, where he handled key audit and consulting assignments.

Also, as part of his preparation for corporate leadership, Mr. Ike had earned enviable professional and academic accomplishments in globally reputable institutions covering such areas as; enterprise innovation, digital transformation, business sustainability, strategic execution and change management.

Mr Ike graduated with a BSc in Accounting from the University of Lagos, where he emerged as the Best Graduating Student in 1988. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), a Certified IFRS expert, and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN). He holds an Executive Certificate in Strategy & Innovation from MIT Sloan School of Management, Boston, and has at various times attended global management and leadership programs in world-class institutions, including Harvard Business School, Wharton Business School, and International Management Development Institute (IMD) Switzerland. He is also a Member of the Institute of Directors (IOD).

Mr Innocent C. Ike is variously referred to and viewed as a stickler for execution,  a business coach to budding entrepreneurs and a mentor to aspiring leaders.

He is married with children.

Abdullahi S. Mohammed - Executive Director

Abdullahi S. Mohammed was born in August 1958 in Kano, Kano State. He had his early education in Kano and Kaduna States before proceeding to the Bowling Green State University, Ohio USA for his Bachelor and Masters Degrees. He returned to Nigeria in 1987 to commence his career with Cement Company of Northern Nigeria Plc., Sokoto, where he served as a Staff Development and Training Senior Instructor. He subsequently joined Century Merchant Bank Limited in 1991 as an Officer and Head of Treasury Department of Kano Area Office. During his stint at Century Merchant Bank he was saddled with the responsibility of establishing the businesses operations in the Federal Capital Territory, Abuja.

Mr. Mohammed would later in 1995 move to Kakawa Discount House Ltd. as the Admin Manager and later in 1998 was moved to establish the Abuja Area Office where he served as the head overseeing the 19 northern states. In 1999, he took up appointment as the Commissioner for Works, Housing and Transport in Kano State and Member, Kano State Executive Council. He was also at various times, the relief commissioner in the Ministries of Health and Water Resources. He later returned to Kakawa Discount House Ltd. until 2003 when he joined First Bank of Nigeria Ltd. where he rose to become a Deputy General Manager in 2013.

He was at various times in First Bank responsible for the Bank’s Business Development in Benue, Kogi, Nasarawa, Niger, Kano, Jigawa States as well as FCT - Abuja. He was until his appointment the Group Head in Charge of Commercial Banking in the North overseeing commercial Banking Business in the whole Northern Nigeria.

He has attended courses both in Nigeria and Overseas including those at the London Business School and the prestigious INSEAD Program for Achieving Outstanding Performance in Singapore. Mr. Mohammed is also member of the 37th SMP of the Lagos Business School and Honorary Senior Member of CIBN.

He is an avid golf player and happily married with children

Segun Opeke - Executive Director

Segun Opeke has over twenty-six years of hands-on work experience acquired from leading Nigerian commercial banks with more than fifteen years in Senior and Executive Management roles.

Before becoming an Executive Director, Mr. Opeke was the Directorate Head, Lagos Business. The Lagos Directorate, under his leadership, recorded outstanding growth and contributed significantly to the turnaround of the Bank, evidenced by its impressive financial performance recorded in the 2019 financial year. Since the CBN intervention in the erstwhile Skye Bank Plc in July 2016, Segun has played a prominent role in the Bank’s transformation initiatives and very instrumental to the several milestone achievements of the Bank.

Segun started his banking career in Chartered Bank and later rose to occupy strategic roles in various institutions, including leading the consumer banking team in FSB International Bank and serving as the Area Manager in charge of the Victoria Island and Ikoyi business of Prudent Bank.

Following the emergence of Skye Bank in 2006, Segun worked as the Bank’s Treasurer and Regional Director for Victoria Island and Ikoyi. He was also the Group Head for Corporate Banking, Aviation, and Maritime Group at various times. Mr. Opeke brought his leadership skills to bear, as he successfully managed some large portfolios, including the Bank’s Lagos Corporate and Commercial Banking Division and the Corporate Planning and Strategy Group.

Segun holds a BSc. (Banking and Finance) and an MBA from the University of Lagos. He is an alumnus of the Columbia Business School, New York. He has attended several professional, management, and leadership programmes in world-class institutions, including INSEAD and Euromoney, London. He is credited with making immense contributions in change management, corporate finance/restructuring, and digital transformation.

He is happily married with children.

Olufemi Aribaloye - Directorate Head, Enterprise-Wide Risk Management

Femi Aribaloye is a disciplined and focused professional with a banking career spanning 29 years. Over the years, he has demonstrated capacity to give direction and support to the realization of corporate objectives and deliver value to stakeholders. He is a strong team builder with motivational influence and good inter-personal skills.

He started his banking career in 1990 with Chartered Bank Limited where he gathered experience in credit and business development working as a frontline officer across Corporate Banking, Branch Banking and Treasury Marketing. He was part of the foundational team of Prudent Bank Plc., in 2000, where he started one of the branches as the Branch Manager before transiting to head the Credit Risk Management function of then Prudent Bank Plc. The consolidation in the banking industry in 2006 saw him become the Head of Risk Management of Skye Bank Plc, where he was a pivotal part of the setup of the risk management function and frameworks for the Bank. He is currently the Directorate Head, Enterprise Risk Management/Chief Risk Officer of Polaris Bank Limited.

Femi holds a first degree in Business Administration from the University of Ilorin and an MBA (Finance) from University of Liverpool. He has over the years acquired significant Board experience representing the Bank on the boards of both local and international subsidiaries as a Non-Executive Director.

 He is an alumnus of Pan African University (Lagos Business School) and has also attended the Senior Management Programme (SMP) at INSEAD, Fontainebleau, France amongst various international and local training programmes. Femi is also an Honourary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN).

He is happily married with children.

Rotimi Omotayo - Chief Internal Auditor, Internal Audit Group

Rotimi omotayo2 image

Rotimi Omotayo is a qualified accountant and chartered banker with several years of in-depth experience in Banking and Finance, Compliance & Control, and internal auditing. He is a good team player and an effective, hardworking and self-motivated officer with excellent interpersonal skills deployed toward improving customer service, operational processes, strategic planning and compliance & control. He has over 28 years cognate banking experience, having previously worked as a Senior Accountant with the Ogun State Housing Corporation.

He started his banking Career with defunct Gateway Bank Plc., in 1991 where he acquired experience in corporate planning, performance management, financial control and regulatory compliance before moving to EIB International Bank Plc in 1999 where he functioned in similar capacity. In the aftermath of the consolidation exercise in July 2004, he was part of the team that set up the operational framework for erstwhile Skye Bank Plc., where he later became the Head of Branch Coordination in the bank at the end of the exercise in 2006 with responsibilities to ensuring effective operational and seamless processes in branches and maintenance of strong ethical standards within the rank and file of the operations staff. He was later redeployed as the Chief Compliance Officer (CCO) and the Group Head of Internal Control in the same organization. He is currently the Chief Internal Auditor of Polaris Bank Limited.

Rotimi holds a Higher National Diploma in Accountancy from Yaba College of Technology (YabaTech) and Bachelor of Science Degree in Banking and Finance from Ogun State University, Ago-Iwoye. He is a professional fellow of the Institute of Chartered Accountants of Nigeria (ICAN), the Chartered Institute of Bankers of Nigeria (CIBN) and the Chartered Institute of Taxation of Nigeria (CITN). He is also a member of the Association of Certified Anti Money Laundering Specialists (ACAMS).   

He is an alumnus of Pan African University (Lagos Business School) and have attended various management, professional and leadership programmes and seminars both locally and internationally on improving business processes; enhancing system security, combating economic crimes and ensuring regulatory compliance among others.

He is happily married and blessed with children.