Akhuetie Becomes Member Of The Board Of Parallex Bank



Mrs Rachel Akhuetie, newly appointed, Non-Executive Director,
Parallex Bank Ltd and member of the bank’s Board of Directors

 

By Grace Alegba
 
Parallex Bank Ltd. has appointed Mrs Rachel Akhuetie, a seasoned executive with over 24 years of multi-sector experience, as Non-Executive Director and Board member.
 
The appointment was confirmed on Tuesday in a statement by the bank’s Head of Corporate Communications, Mr Ademola Adeshola.
 
Akhuetie is currently Executive Director, Finance, Commercial and Services at SunTrust Atlantic Energies Ltd, where she has held leadership roles since 2003.
 
She brings a wealth of expertise in finance, oil and gas, corporate governance, strategic innovation, and banking to the Parallex Bank Board.
 
A Harvard Business School-trained executive, she is also a Fellow of the Institute of Chartered Accountants of Nigeria.
 
Her career includes significant contributions to joint venture coordination, stakeholder engagement, asset management, and organisational strategy.
 
She is an alumna of Stanford Graduate School of Business and holds certifications in Risk Management and IFRS compliance.
 
Her board experience spans several companies within the energy and oil and gas industries, where SunTrust maintains strategic interests.
 
Welcoming her, Dr Olufemi Bakre, Managing Director of Parallex Bank Ltd., called the appointment a key strategic advantage.
 
Bakre said her expertise in finance and leadership aligns with the bank’s vision to redefine banking in Nigeria.
 
“We are excited to leverage her proven track record as we pursue growth and long-term value,” Bakre stated.
 
He added that her appointment reinforces the bank’s commitment to robust governance and informed, strategic expansion. 
 
(NAN)

Comments

Post a Comment

Popular posts from this blog

Warm Congratulations To Alhaji Wasiu Lawal, APC Chairmanship Candidate Of Ado-Odo/Ota LGA In November 16 Election A Shining Example of Hard Work and Dedication: Alhaji Wasiu Lawal

Image
Alhaji Wasiu Lawal is a paragon of hard work and dedication, and his tireless efforts have earned him a well-deserved reputation as a leader in the All Progressive Congress (APC).  His commitment to the party was recognized when he was appointed as Chairman of the Ado-Odo/Ota Local Government Transition Committee, a position in which he excelled, moving the local government to greater heights during his short tenure. After leaving office, Alhaji Lawal continued to drive the party forward, making significant contributions before and after the 2023 election process. His selflessness and dedication are a testament to his being a "round peg in a round hole."  His outstanding contributions have once again been recognized, and he has been chosen as the APC Chairmanship candidate in the upcoming local government election on November 16. We extend our warmest congratulations to Alhaji Wasiu Lawal on his well-deserved victory as the APC Chairmanship candidate. His victory in the upcom...
Read more

Stakeholders Urged To Promote Sports As Government College Wins Femi Gbajabiamila U-16 Football Tournament

Image
Stakeholders and major political actors in Lagos State have affirmed the importance of restoring competitive sports back to schools as Government College, Eric Moore, emerged winner of Femi Gbajabiamila U-16 Football Competition in Surulere, Lagos.   Governor Babajide Sanwo-Olu of Lagos, whose address was delivered by Lagos State Commissioner for the Ministry of Youth and Social Development, Mr. Mobolaji Ogunlende, commended the organisers, while also wishing the students success in all their endeavours.   Sanwo-Olu that the government was committed to promoting young talents.   He commended Gbajabiamila for his unwavering commitment to youth development and his belief in the transformative power of sports as a tool for societal advancement.   "As a government, we are deeply committed to nurturing the potential of our youths. This competition aligns with our goal of promoting education with sports and youth engagement," Sanwo-Olu said.   The Chief of Staff to Pr...
Read more

Dorcas Adeyinka Sues Olumuyiwa Adejobi, Nigerian Police Over Alleged Abuse Of Fundamental Human Rights

Image
A United Kingdom-based philanthropist, Chief (Mrs) Dorcas Adeyinka has sued the Nigerian Police over alleged abuse of her fundamental human rights. The application is contained in an originating summon dated May 26, 2025, filed on her behalf by a prominent Lagos lawyer and the matter is being heard by Justice Lewis Allagoa of the Federal High Court, Lagos State. ACP Muyiwa Adejobi (Force Public Relations Officer) is the 1st Respondent in the matter,  Tope Saint Williams Blackamoor is the 2nd Respondent, CP National Police Force Cyber Center is the 3rd Respondent, the 4th Respondent is the Nigerian Police Force, while the Inspector General of Police is the 5th Respondent. The prayers of the counsels include a declaration that the "unlawful arrest, threats of arrest, detention between July 29 and August 18, 2024, threats, intimidation, harassment and coordinated media attack against the Applicant by the 1st Respondent in collision with private individuals constitute a gross violatio...
Read more