LOTUS Bank Names Dr. Isiaka Ajani-Lawal as New MD/CEO, Succeeding Araoye

LOTUS Bank has announced the appointment of Dr. Isiaka Ajani-Lawal as its new Managing Director/CEO, succeeding Mr.
Kafilat Araoye who is retiring. Dr.
Ajani-Lawal brings 25 years of experience in banking and financial services to his new role. Under Araoye's leadership, LOTUS Bank achieved significant milestones, including becoming a fully licensed non-interest bank in 2021.
The Board of LOTUS Bank commended Araoye for her contributions and expressed confidence in Dr. Ajani-Lawal's ability to uphold the bank's values and advance its strategic vision.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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