Stanbic IBTC announces key appointments

Stanbic IBTC Holdings Plc., a member of Standard Bank Group, has announced appointments and changes in some senior management positions as part of strategic positioning to sustain its growth trajectory through skills rotation.

Wole Adeniyi, who until recently was the Executive Director, Operations, Stanbic IBTC Bank, has been appointed Executive Director, Personal and Business Banking, Stanbic IBTC Bank.

The Chief Executive, Stanbic IBTC Asset Management Limited, Bunmi Dayo-Olagunju, assumes a new role as Deputy Head, Operations, Stanbic IBTC Bank.

“These appointments are expected to strengthen our executive management by enhancing efficiency and competitiveness, as we continue the process of building Nigeria’s foremost end-to-end financial solutions provider with distinctive edge across the various market segments,” said Yinka Sanni, Chief Executive, Stanbic IBTC Holdings Plc. 

He said the new appointments would bring a deep blend of expertise, experience and enthusiasm, which would be instrumental in driving further growth in the medium and long terms.

Similarly, Binta Max-Gbinije has been named Head, Commercial Banking and Public Sector Group; Babatunde Akindele as Zonal Head, Lagos Island.

Nike Bajomo was appointed Executive Director, Business Development, Stanbic IBTC Pension Managers Limited, while Olusola Carrena and Oyinda Akinyemi were appointed Executive Directors of Stanbic IBTC Capital. Regulatory approvals have been secured for all the appointment.

In affirming the Standard Bank Group’s determination to build first-class, on-the-ground operations across Africa, Sanni said Stanbic IBTC would continuously invest in training and retraining of employees to ensure a professionally-driven workforce with a pool of requisite skills and talent to deliver optimal customer value. 

“These appointments demonstrate our focus on growth opportunities for our people, support for individual career development and capacity building for a sustainable business,” Sanni said.