Sterling Financial Holdings: Alternative Bank Gets New MD
Sterling Financial Holdings Company Plc (NGX: STERLINGNG) has filed a corporate action notice with the Nigerian Exchange Limited disclosing the appointment of Mr. Gul Khan as Managing Director of its subsidiary, Alternative Bank Limited, effective 5th November 2026. The filing also announces the retirement of the outgoing MD, Mr. Hassan Yusuf, following the completion of his tenure.
Sterling Financial Holdings Company Plc (STERLINGNG) has notified the Nigerian Exchange Limited, its shareholders, and the investing public of a leadership change at Alternative Bank Limited, a subsidiary of the group. Mr. Gul Khan has been appointed Managing Director of Alternative Bank, effective 5th November 2026. The appointment has received the approval of the Central Bank of Nigeria.
Mr. Khan brings over 25 years of experience across banking, fintech, and payments sectors, covering Africa, Europe, the Americas, Asia, and the Middle East. He most recently served as Chief Executive Officer of I&M Bank Limited in Kenya. Before that role, he held the position of Head of Products at Airtel Money Africa. His earlier career included senior positions at HSBC, ADIB, Gulf Bank, and Doha Bank, covering retail banking, wealth management, digital transformation, and strategic planning.
The filing also confirms the retirement of Mr. Hassan Yusuf as Managing Director of Alternative Bank, effective 4th November 2026, following the completion of his tenure. The board acknowledged Mr. Yusuf's contributions to the growth of Alternative Bank. The company describes Alternative Bank's ambition as becoming Nigeria's leading innovative digital non-interest bank.
