Stanbic IBTC Holdings announces new board appointments to drive growth and innovation

Stanbic IBTC Holdings PLC has announced new appointments to its HoldCo and subsidiary boards. 

The appointments are part of the company, a member of Standard Bank Group’s commitment to strengthening its leadership teams and driving continued growth and innovation in the financial services sector, according to a statement.

Mrs. Ndidi Nwuneli, a highly accomplished businesswoman and social entrepreneur, was appointed Independent Non-Executive Director of Stanbic IBTC Holdings PLC. Mr. Yinka Sanni also joined the Board of the Holding Company as a Non-Executive Director. Mrs. Funeka Montjane was appointed Non-Executive Director of Stanbic IBTC Bank PLC.

In addition, Mr. Efe Omoduemuke joined the Board of Stanbic IBTC Asset Management as an Executive Director. Mrs. Joyce Dimpka was appointed Non-Executive Director of Stanbic IBTC Insurance Brokers. Similarly, Mrs. Temitope Popoola was recently appointed as an Executive Director of Stanbic IBTC Insurance Brokers Limited. Lastly, Mr. Oladele Sotubo was appointed as Executive Director on the Board of Stanbic IBTC Capital Limited.

Mrs. Titi Ogungbesan was appointed as the Chief Executive of Stanbic IBTC Ventures. 

The newly appointed directors bring a wealth of multi-dimensional experience, diverse perspectives, and a deep commitment to driving excellence and innovation.

The Chief Executive of Stanbic IBTC Holdings, Dr. Demola Sogunle, expressed his satisfaction with the newly appointed directors and reaffirmed the Group’s commitment to nurturing its workforce while maintaining exceptional service standards across its subsidiaries.

He said: “These appointments represent a significant milestone in the flight plan of Stanbic IBTC as we continue to position ourselves as a leader in the Nigerian financial services industry. The newly appointed directors bring a wealth of multi-dimensional experience, diverse perspectives, and a deep commitment to driving excellence and innovation.

“We are delighted to welcome these esteemed professionals to our Board of Directors. As we navigate the evolving financial landscape and continue to deliver exceptional value to our shareholders, clients, and communities, we recognize that people are the driving force behind any company’s growth. Hence, we prioritize people over profits at Stanbic IBTC”.

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