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Experts Brainstorm on Future Work Template at Stanbic IBTC Bank Forum

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By Olubori Oduntan

In a rapidly changing world, more so in the digital space, finding the right models to anchor human capital development will remain a paramount determinant of corporate success. This thinking underscores the Workplace Banking Seminar’ organized by Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, in Lagos, recently.

The seminar, with the theme, ‘The Future of Work and the Role of Human Capital’, attracted participants from both the public and private sectors, including Human Resources Managers , Financial Service Institutions, Insurers, Fintechs, Government Agencies, Regulators, Private Equity and Venture Capital firms, amongst other players from diverse fields.

In his opening comments, Chief Executive, Stanbic IBTC Bank PLC, Dr. Demola Sogunle, said by settling for a theme that seeks to unravel the future of work, the organization aims to prepare and equip its clientele for future success. Employee experience, just like customer experience, is imperative to drive corporate success. Therefore, workers must be sufficiently motivated, engaged and empowered, he stated.

This objective underlines the numerous stakeholder engagements organized by the Stanbic IBTC Group to provide a platform to connect with clients and avail them with information to make informed decisions. As an institution designed to meet the financial needs of customers at every phase in life, Dr. Sogunle said the group would continuously offer value propositions to move people and businesses forward.

Guest speaker, Mr Boye Ademola, noted that the whole essence of digital application is to create intrinsic value. Any technology that does not generate value is worthless. Besides, value cannot be created without commensurate talent.

Mr Ademola, who is Partner & Lead for Digital Transformation Technology at KPMG, stated that the future of work has three crucial dimensions: workforce, workspace and work culture. These three elements are critical to attract the millennials, who would constitute the bulk of the future workforce. Nigeria for instance, has over 90 million of its population under 30 years of age and as the population increases, they would naturally trigger change. Already, the average age of millennial CEOs is in the 30s. In meeting the demands of the future, there is the need for a paradigm shift from today’s work structure. Critical factors to drive this change include focus on value creation, agility, co-creation, co-option of millennials and appropriate operating models.

The session also had a panel discussion that featured Usen Udoh, Group Chief, Human Resources, Dangote Group; Alero Onosode, General Manager, Human Resources, Seplat Petroleum Plc; Abudullahi Jubril Saba, Human Resources Director, IHS Towers; Country Head, Human Capital, Stanbic IBTC, Olufunke Amobi; and Boye Ademola. They highlighted other factors pivotal to the future of work as education, mining ecosystems, life-long learning, breaking of hierarchies and silos, challenging leadership and unrelenting value creation.

Another highlight of the event was the question and answer session which was very interactive and engaging. Major talking points included creating an engaged workforce by fusing learning and talent management, using technology to leapfrog, ensuring inclusion, participation in activities and initiatives as well as using meritocracy as a yardstick for appraisal.

The ‘Workplace Banking Seminar’, now in its fourth edition, comes on the heels of the Bank’s hugely successful financial planning sessions for Enterprises. The seminar hosts HR Heads drawn from various sectors and focuses on topical HR issues with a view to equipping the audience with vital skills and knowledge aimed at impacting Employee/Business efficiency, productivity, profitability, continuity, growth and sustainability.

Head, Personal Banking, Stanbic IBTC Bank PLC, Nkolika Okoli, said the Bank is constantly trying to add value, which goes beyond providing banking services to its customers. By looking at the whole spectrum of financial literacy drawn from the Stanbic IBTC Group expertise, Ms. Okoli stated that Stanbic IBTC Personal Banking business aims to equip Individuals with the knowledge required to attain financial freedom before retirement.

Executive Director, Personal & Business Banking, Stanbic IBTC Bank PLC, Mr. Babatunde Macaulay, who gave the vote of thanks, said as a member of the Standard Bank Group, Africa’s largest bank by assets and earnings, Stanbic IBTC will continue to leverage on the 155-year experience, expertise and strong financial clout of the mother brand to deliver superior sustainable shareholder value by meeting the needs of its clientele. “Our main goal is to continue to render best-in-class service to our customers who cut right across Nigeria’s socio-economic spectrum and play a leading role in supporting individuals, businesses and the Nigerian economy,”

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, is a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Standard Bank Group is the largest African bank by assets and market capitalization. It is rooted in Africa with strategic representation in 20 countries on the African continent. Standard Bank has been in operation for over 155 years and is focused on building first-class, on-the-ground financial services institutions in chosen countries in Africa; and connecting selected emerging markets to Africa by applying sector expertise, particularly in natural resources, power and infrastructure.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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NMDPRA Denies Fake Employment Alert, Warns Unsuspecting Job Seekers

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NMDPRA fee regulations

By Adedapo Adesanya

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that the viral report suggesting that it is currently employing new staff is the “handiwork of fake recruitment syndicates established to mastermind fraudulent activities.”

In a Monday statement posted on its official X handle, NMDPRA expressed that it was compelled to publish the disclaimer to alert the public against such activities due to what it described as “exploiting young economically vulnerable and unsuspecting Nigerians perhaps into parting with huge sums of money for purported employment opportunities into the authority.”

“They do this by issuing bogus “Letters of Employment” and empty promises, as well as offering non-existent positions. These may well be the handiwork of fake recruitment syndicates established to mastermind these fraudulent activities.

“We wish to use this opportunity to state categorically that the NMDPRA is NOT conducting any recruitment exercise currently. Neither is the Agency undertaking any kind of employment in its services at any level. For the avoidance of doubt, any future recruitment exercise would be undertaken in accordance with extant rules guiding such exercises in the Nigerian Public Service,” the organisation emphasised.

The agency further advised the public to disregard these fake employment advertisements and urged them to visit its official website and social media pages to verify any recruitment claims.

The statement added, “In this regard therefore, we would like to advise the public and all Nigerians to ignore these spurious claims by unscrupulous people whose only objective is to defraud Nigerians and cast aspersion on the authority.

“We further advise that for current and up to date information regarding all our activities, kindly refer to our official corporate website: www.nmdpra.gov.ng as well as all our verified online social media outlets (i.e. Facebook, Linkedln and Instagram) for authentic information.”

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Aradel Appoints Nnoli Akpedeye as Independent Non-Executive Director

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Nnoli Akpedeye

By Adedapo Adesanya

Aradel Holdings Plc has appointed Ms Nnoli Akpedeye as an Independent Non-Executive Director, effective February 2, 2026, following a resolution passed at the company’s board meeting held on January 28, 2026.

In a notice to shareholders, Nigerian Exchange (NGX) Limited, and the investing public, the company disclosed that the appointment is subject to ratification by shareholders at its next Annual General Meeting (AGM). The board also authorised the Company Secretary, Mrs Titiola Omisore, to notify relevant regulators and take all necessary steps to give effect to the decision.

Ms Akpedeye brings more than 36 years of multi-disciplinary experience spanning oil and gas, engineering, legal and arbitration services, and management consulting. Her career reflects a strong blend of technical expertise and strategic leadership, with competencies in management and strategy, business process engineering, organisational development and change management, as well as entrepreneurship development.

Until 2014, she served as Technical Planning Manager for Shell Exploration and Production Companies in Nigeria, where she led the execution of high-impact, mission-critical projects. Over the course of her career at Shell, she held roles across civil engineering design, planning and construction, project management, facility management, technical audit, and business planning and strategy, gaining extensive local and international exposure.

Beyond her corporate career, Ms Akpedeye is an entrepreneur and advocate for capacity building in engineering and energy. She runs Contego Servo Limited and Perfectus Laundi Limited, and in 2013, she launched the “Introduce a Girl to Engineering” programme aimed at encouraging secondary school girls in Nigeria to pursue careers in engineering and related STEM fields.

She is a Council for the Regulation of Engineering in Nigeria (COREN)-registered engineer, a Fellow of the Nigerian Society of Engineers (FNSE), and a past President of the Association of Professional Women Engineers of Nigeria (APWEN). She is also a founding member of the Women in Energy Network (WIEN) and serves as a passionate ambassador for science, technology, engineering and mathematics education.

In addition, Ms Akpedeye is the Chief Operating Officer (COO) of Compos Mentis Legal Practitioners and the Chairman of the Board of Trustees of the Compos Mentis Foundation.

Her appointment further strengthens Aradel Holdings’ board with deep industry knowledge, governance experience, and a strong track record in leadership and institutional development, as the company continues to pursue its strategic objectives within Nigeria’s energy landscape.

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Geregu Power Chooses Sean Manley as Interim CEO

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Geregu Power

By Aduragbemi Omiyale

An interim chief executive has been appointed by Geregu Power Plc and he is Mr Sean Manley, with his appointment to take effect from Monday, February 2, 2026.

A statement from the power generating firm disclosed that his appointment is subject to the approval of the Nigerian Electricity Regulatory Commission (NERC) and the shareholders of the company at the next general meeting.

In the notice, the organisation expressed confidence that the appointee would use his wealth of experience and leadership to “add significant value to the company.”

Mr Manley is said to be “a seasoned power-sector professional with a proven track record in delivering complex energy projects in developing markets.”

He is armed with more than 30 years’ experience spanning sales, business development, project implementation, supply-chain management, and OEM-led delivery within the power sector.

Over the course of his career with Siemens, Mr Manley has developed deep technical and operational expertise in thermal power generation, covering plant construction, commissioning, major overhauls, and long-term operational support.

He is widely regarded as a practical problem-solver, with a demonstrated ability to close projects in challenging operating environments and brings extensive international experience and strong intercultural skills acquired across multi-jurisdictional engagements.

His areas of expertise include the delivery of large, complex infrastructure projects, management of multi-million-dollar business units, client and stakeholder relationship management, business and market development, as well as logistics and procurement analysis critical to successful project execution.

The appointment of Mr Manley comes after Mr Femi Otedola divested his stake in the energy firm last month to support the recapitalisation of First Bank of Nigeria, a subsidiary of FBN Holdings Plc, which he chairs.

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