Stanbic IBTC Holdings PLC (‘the Group’), a member of Standard Bank Group, has announced several key executive appointments across the Group, in a bid to fortify its market leadership position in the Nigerian financial services sector.
The appointments are in line with the organisation’s corporate governance structure, people promise as well as succession plan.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.
With the new appointments, Eric Fajemisin, previously the Chief Executive of Stanbic IBTC Pension Managers, assumes the role of Executive Director, Corporate and Transactional Banking, Stanbic IBTC Bank PLC. While Olumide Oyetan steps in as the new CEO of Stanbic IbTC Pension Managers.
Oyetan has over 20 years’ experience and has functioned in different roles across the Group and Standard Bank Group, South Africa.
Other appointments made in the group include:
Babatunde Majiyagbe – Chief Executive of Stanbic IBTC Nominees
Dare Otitoju – Executive Director, Investment Management, Stanbic IBTC Pension Managers.
Busola Jejelowo – Executive Director, Investments, Stanbic IBTC Asset Management
Wunmi Ehis-Uzenabor – Executive Director and Chief Operating Officer at Stanbic IBTC Asset Management.
Emi Agaba-Oloja – Executive Director, Stanbic IBTC Trustees.
Ibiyemi Mezu – Executive Director, Stanbic IBTC Insurance Brokers.
Akinjide Orimolade – Chief Executive, Stanbic IBTC Insurance.
Sakeenat Bakare – Executive Director, Business Development at Stanbic IBTC Insurance.
Dunny Semwayo – Executive Director, Technical, at Stanbic IBTC Insurance.
Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, said:
“We are delighted to have a pool of highly experienced, diligent and very versatile professionals at Stanbic IBTC to be entrusted with the responsibilities of driving the next phase of our growth.
“We are certain the Group will benefit immensely from their wealth of knowledge and expertise because they understand our strategic intent and commitment to our stakeholder groups.
“At Stanbic IBTC, management remains focused on people management practices that make our people’s dreams come true.”