Stanbic IBTC Fortifies Governance Framework with Key Board Appointments

Stanbic IBTC Holdings PLC, a prominent financial services provider in Nigeria and a member of the Standard Bank Group, has strengthened its corporate governance with new appointments.

The strategic move involves the appointment of distinguished professionals to the boards of its subsidiaries, following the receipt of necessary regulatory approvals.

This initiative underscores the institution’s unwavering commitment to maintaining robust oversight and delivering top-notch financial services to its clientele.

The newly appointed board members bring a wealth of experience from various facets of the financial industry, including banking, asset management, stockbroking, and fintech.

Mrs. Busola Jejelowo, an industry veteran with over two decades of experience in capital markets and investment banking, joins as a Non-Executive Director on the Board of Stanbic IBTC Stockbrokers Limited.

Her extensive background is expected to significantly contribute to the subsidiary’s strategic direction and decision-making processes.

Mr. Oladele Sotubo assumes the role of Chief Executive at Stanbic IBTC Capital Limited, bringing extensive expertise in corporate finance advisory, debt solutions, and equities trading.

His appointment underscores the commitment to leadership well-versed in navigating the complexities of the financial landscape.

Mrs. Yinka Johnson, with profound knowledge of portfolio management, product development, and distribution, takes on the role of Executive Director at Stanbic IBTC Asset Management Limited.

In this capacity, she will play an integral role in shaping asset management strategies and enhancing client offerings.

Mrs. Olufunke Isichei, a distinguished payments services expert with vast experience in agency banking, digital platforms, and customer experience, has been appointed as a Non-Executive Director on the Board of ZEST Payments Limited.

Her role reflects the commitment to expanding and optimizing digital payment solutions within the Stanbic IBTC Group.

Dr. Demola Sogunle, Chief Executive of Stanbic IBTC Holdings, expressed delight at the caliber of professionals joining the boards of the Group subsidiaries.

He emphasized the significance of these appointments in fortifying governance structures and enhancing oversight to continually deliver value to stakeholders.

The move aligns with Stanbic IBTC’s overarching commitment to excellence and leadership in the financial services sector.