The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the service of Polaris Bank, effective August 31, 2020, having successfully completed his second two-year tenure at the helm of the Bank.

Information had it few days back that the All Progressives Congress (APC) Lagos state chapter had nominated Tokunbo Abiru, a former Commissioner for Finance in the state as a replacement for the late Senator Bayo Osinowo, who represented Lagos East senatorial district until his death last month.

Born in 1964, Abiru, is a key loyalist of Asiwaju Bola Tinubu.

In an emotion-laden farewell message to the staff of the Bank, Mr. Abiru explained that having served meritoriously in the banking industry for nearly three decades, he had resolved to retire to enable him contribute his quota in other areas of the society.

The Economics graduate from Lagos State University, served during the tenure of Governor Babatunde Raji Fashola, now Minister of Works and Housing.



He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN). Also, an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN).