Polaris Bank Managing Director, Mr. Tokunbo Abiru has denied plans to contest for the forthcoming senatorial bye-election of Lagos-East Senatorial Zone under the platform of All Progressives Congress (APC).

He said; “While I hold the public service in high esteem, my time and energy at this time is primarily devoted towards building a world-class financial brand that will serve the interest of all stakeholders of the Bank”.

“I am working assiduously with his team to consolidate the Bank’s stellar performance which resulted in a Profit Before Tax (PBT) of N27.8 billion in the 2019 financial year; being its first year of operation.”

“Having served as a former commissioner under the then leadership of Babatunde Fashola SAN, it is not unexpected that such rumours and sentiments could sometimes spring up in some quarters.”

“Staff and customers of the bank, as well as regulators, local and international stakeholders, should disregard such stories.”