The Managing Director/Chief Executive Officer of Polaris Bank, Tokunbo Abiru, has announced his retirement from the service of the Bank, effective August 31, 2020, having completed his second two-year tenure as CEO of the Bank.
In a farewell message to staff of the Bank, 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.
PREMIUM TIMES reports that Abiru will immediately join politics to enable him to take a shot at the senatorial slot for Lagos East District which became vacant following the death of Senator Adebayo Osinowo who died on June 15 at 64.
The banker is among strong contenders for the ticket of the All Progressives Congress (APC) for the forthcoming senatorial by election in Lagos.