Parallex Bank Limited has announced a significant addition to its Board of Directors with the appointment of Mrs. Rachel Akhuetie as a Non-Executive Director. Akhuetie brings over 24 years of extensive multi-sector experience, promising to enrich the bank's strategic direction and governance.
Currently serving as the Executive Director, Finance, Commercial, and Services at SunTrust Atlantic Energies Limited, Mrs. Akhuetie's expertise spans a broad spectrum of critical areas. Her background includes robust experience in finance, oil and gas operations, strategic innovation, corporate governance, and banking, making her a well-rounded and valuable asset to the Parallex Bank board.
Mrs. Akhuetie is a highly accomplished professional, holding executive training from Harvard Business School and being a Fellow of the Institute of Chartered Accountants of Nigeria (FCA). Since joining SunTrust Atlantic in 2003, she has held transformative leadership roles, significantly impacting joint venture coordination, asset management, stakeholder engagement, and organizational growth strategy.
Her academic credentials also include an alumna status from Stanford Graduate School of Business and certifications in Risk & Compliance Management and International Financial Reporting Standards (IFRS). Furthermore, her impressive board experience extends across multiple companies within the energy and oil and gas sectors, areas where SunTrust Atlantic holds strategic interests.
Dr. Olufemi Bakre, Managing Director of Parallex Bank Limited, expressed his enthusiasm for the appointment, describing it as a "significant advantage" for the bank. Dr. Bakre emphasized that Mrs. Akhuetie’s deep expertise in finance, strategic innovation, and corporate leadership perfectly aligns with Parallex Bank’s mission to redefine banking standards in Nigeria. "We are excited to leverage her proven track record and leadership insight as we continue to drive growth and sustainable value for all stakeholders," said Bakre, highlighting the anticipated positive impact of her contributions.
This appointment underscores Parallex Bank's commitment to strengthening its leadership team with seasoned professionals who can navigate the complexities of the modern financial landscape and contribute to the bank's continued growth and innovation.