Bank appoints two key officers

The management of Sterling Bank has announced the appointment of Dayo Orimoloye and Moronfolu Fasinro as Chief Risk Officer and Chief Client Engagement Officer, respectively.

Orimoloye, the Bank’s new Chief Risk Officer, has over 22 years of senior management experience with leading financial institutions in Africa, North America and Europe. His key areas of expertise include Risk Management, Project Finance, Capital Markets, Treasury and Business Development.

Prior to joining Sterling Bank, he was the Group Chief Risk Officer of Ecobank Transnational Incorporated based in Lomé, responsible for developing the Enterprise Risk Management framework and carrying out risk oversight functions. Some of his previous roles include Senior Vice President, Risk Management and Capital Markets Groups at Wells Fargo Bank, Vice President Risk Management Group at HSBC and Risk Manager at Citibank. He holds two bachelor’s degrees in Economics and Finance respectively from California State University Hayward, as well as an MBA in Finance from the University of California, Berkeley.