Stanbic IBTC Holdings PLC (NSE – STANBIC), has announced several key executive appointments across the Group, in a bid to fortify its market leadership position in the Nigerian financial services sector.
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, is a full-service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management.
The appointments became effective on 2 February 2021, following receipt of all required regulatory approvals.
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The new appointments cut across Stanbic IBTC Bank PLC and its subsidiary, Stanbic IBTC Nominees; Stanbic IBTC Pension Managers; Stanbic IBTC Asset Management; Stanbic IBTC Insurance Brokers; and the newly floated Stanbic IBTC Insurance according to the press release by the company.
The new appointments:
Eric Fajemisin with over 30 years of experience, assumes the role of Executive Director, Corporate and Transactional Banking, Stanbic IBTC Bank PLC. Fajemisin was the Chief Executive of Stanbic IBTC Pension Managers before this appointment.
Babatunde Majiyagbe was appointed as the Chief Executive of Stanbic IBTC Nominees, a wholly-owned subsidiary of Stanbic IBTC Bank PLC and the first and leading custodial and investor services company in Nigeria for non-pension assets.
Olumide Oyetan with over 20 years of experince is now the new Chief Executive of Stanbic IBTC Pension Managers. Olumide has functioned in different roles across the Group and Standard Bank.
Dare Otitoju will function as Executive Director, Investment Management, Stanbic IBTC Pension Managers.
Busola Jejelowo was appointed as the Executive Director, Investments, Stanbic IBTC Asset Management; and Wunmi Ehis-Uzenabor as Executive Director, Operations at Stanbic IBTC Asset Management.
Emi Agaba-Oloja has been appointed as Executive Director, Stanbic IBTC Trustees and Ibiyemi Mezu as Executive Director, Stanbic IBTC Insurance Brokers.
Also, Akinjide Orimolade has been appointed as Chief Executive, Stanbic IBTC Insurance; Sakeenat Bakare as Executive Director, Business Development at Stanbic IBTC Insurance; and Dunny Semwayo as Executive Director, Technical, at Stanbic IBTC Insurance – the Group’s newly licensed subsidiary.
Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, said: “We are delighted to have a pool of highly experienced, diligent and management-savvy individuals at Stanbic IBTC to be entrusted with the responsibilities of driving the next phase of our growth” while Commenting on the appointments.
“We are certain the Group will benefit immensely from their wealth of knowledge and expertise because they understand our processes, values, priorities and growth trajectory, having been intricate parts of the system,” he said.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
