Stanbic IBTC makes key appointments

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced appointments and changes in some senior management position.

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

This follows the appointment of Babatunde Macaulay, erstwhile Executive Director, as Regional Head, Personal and Business Banking for Standard Bank West Africa, based in Johannesburg, South Africa.

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

Commenting,  Mr. Yinka Sanni, Chief Executive, Stanbic IBTC Holdings Plc said, “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.”

He added that, “The new appointees bring a deep blend of expertise, experience and enthusiasm, which will be instrumental in driving further growth in the medium and long terms.”

As Executive Director, Personal and Business Banking, Adeniyi will provide strategic lead to help consolidate, sustain and accelerate Stanbic IBTC Bank’s strategy, especially within the retail banking ecosystem.

Other appointments are, Mrs Binta Max-Gbinije has been named Head, Commercial Banking and Public Sector Group, Stanbic IBTC Bank; Mr Babatunde Akindele as Zonal Head, Lagos Island, Stanbic IBTC Bank: Mrs Nike Bajomo as Executive Director, Business Development, Stanbic IBTC Pension Managers.