Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced the appointment of new directors across the group after receiving all necessary regulatory approvals.
The new appointments were announced to the Nigerian Exchange Group in a statement.
The appointments
According to the Group, the appointments are in line with Stanbic IBTC’s succession plan and continue the Group’s tradition of rewarding excellence, performance, and dedication.
Mr Babs Omotowa has been appointed as an Independent Non-Executive Director, Olu Delano as an Executive Director, Stanley Jacob as Chief Executive of Stanbic IBTC Financial Services Limited, and Adenike Odukomaiya and Okechukwu Nwoke as Non-Executive Directors.
Brian Marshal and Tosin Leye-Odeyemi have been appointed as Non-Executive Directors of Stanbic IBTC Capital Limited and Stanbic IBTC Trustees Limited, respectively. Charles Onwude and Dele Sotubo were appointed Non-Executive Directors of Stanbic IBTC Ventures Limited. Stanbic IBTC Stockbrokers Limited has appointed Charles Onwude as a Non-Executive Director.
The Group position
Dr Demola Sogunle, Chief Executive Stanbic IBTC Holdings Plc, expressed his excitement about the appointments.
He said the new appointees possessed the qualifications and experience required to deliver results in their new positions, having demonstrated the capacity to deliver on the Group’s strategy to remain the leading end-to-end financial services organization.
According to Demola;
We have a strong tradition of careful succession planning and a good track record of seamless transitions at different levels. With these appointments, we intend to strengthen our capabilities for better customer service delivery. At Stanbic IBTC, we are committed to growing our people because no organisation can progress without placing a high premium on its human capital and investing in the growth trajectory of its staff.
While charging the newly appointed directors to continue to drive performance over and beyond the expected, Demola said, “I am confident that the expertise and experience of the new appointees will positively impact the Group and further accelerate the achievement of our business goals and objectives.
He also urged them to contribute their fair share to the organization’s growth as they assumed new responsibilities. Demola promised that the organization would continue to uphold its culture of promoting employees to higher levels of responsibility.
He said that Stanbic IBTC would continue to invest in training and retraining its employees to ensure a professionally driven workforce with a pool of required skills, competencies, and capabilities.
