Jobs/Appointments
Stanbic IBTC Announces Key Executive Appointments
By Dipo Olowookere
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced major executive appointments and changes in its management structure as part of strategic positioning to sustain its growth into the future.
Mr Yinka Sanni has been named the Chief Executive of Stanbic IBTC Holdings PLC. He takes over from Mrs Sola David-Borha, former Chief Executive, who has been appointed Chief Executive, Rest of Africa, Standard Bank Group effective immediately.
Mr Yinka Sanni was until his latest appointment the Chief Executive of Stanbic IBTC Bank Plc. He joined Stanbic IBTC Bank in 1990 and rose through the ranks, holding several senior management positions within the organization including that of Co-Head, Corporate and Investment Banking.
He also held the position of Executive Director & Head, Corporate and Investment Banking. He was the pioneer Chief Executive, Stanbic IBTC Pension Managers Limited and the pioneer Chief Executive Officer, Stanbic IBTC Asset Management Limited.
He has a wealth of experience in banking and financial services covering Banking, Stockbroking, Pension, and Asset Management spanning over 26 years.
As CE of the Group, Mr Yinka Sanni is expected to drive the next phase of growth and execution of its strategy of being Nigeria’s leading end-to-end financial services provider.
Mr Sanni holds an MBA from the Obafemi Awolowo University Ile-Ife, having also undertaken the Harvard Business School, Boston’s Advanced Management Programme. He is a graduate of the University of Nigeria, Nsukka; with Bachelors in Agricultural Economics. Mr Sanni is a Fellow of the Chartered Institute of Stockbrokers of Nigeria.
Similarly, Dr Demola Sogunle has been appointed Chief Executive, Stanbic IBTC Bank Plc.
Dr Sogunle was until recently the Deputy Chief Executive, Stanbic IBTC Bank Plc.
Prior to his appointment as Deputy Chief Executive, of the bank, he was the Chief Executive of Stanbic IBTC Pension Managers, a position he held from August 19, 2011 to December 2015. Prior to his appointment as Chief Executive of Stanbic IBTC’s Pension subsidiary, he was Stanbic IBTC Bank’s Head of Risk as well as its Chief Compliance Officer.
He was also formerly the Head of Treasury and Financial Services for Stanbic IBTC Bank, a position he held for over seven years
In his new role as Chief Executive, Stanbic IBTC Bank Plc, Mr Demola Sogunle will be leading the bank’s executive team as they consolidate and accelerate its growth strategy, especially within the retail, corporate and transactional banking ecosystems.
Chairman of Stanbic IBTC Holdings Plc, Mr Atedo Peterside, thanked Mrs Sola David-Borha, who he described as one of the finest bankers of her generation, a consummate professional and an exceptional human being for her long and meritorious service to Stanbic IBTC Holdings. He also wished her the best of luck in her new role within the Standard Bank Group.
“The board is confident that our newly appointed executives will benefit the group immensely as they will bring to their new positions, an unmatched combination of integrity, experience and a sterling track record. This will no doubt, help the business sustain its ongoing growth strategy,” Mr Peterside said.
Stanbic IBTC Holdings Plc 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.
Stanbic IBTC belongs to the Standard Bank Group, the largest African financial institution by assets. It is rooted in Africa with strategic representation in 20 countries on the African continent.
Standard Bank 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.
By Adedapo Adesanya
The Nigerian Aviation Handling Company PLC (NAHCO Aviance) has announced the appointment of Mr Olumuyiwa Olumekun as its new chief executive, with effect from January 1, 2025, following the retirement of Mr Indranil Gupta.
Mr Gupta concluded his tenure as the company’s CEO on December 31, 2024, marking the end of an era that saw growth under his leadership.
The company’s announcement, delivered via a notice to the Nigerian Exchange (NGX) Limited, confirmed the board’s approval of Mr Olumekun’s appointment.
He brings over three decades of leadership experience, which will help steer NAHCO through its next phase of growth. His career at the company includes key roles such as Group Executive Director of Corporate Services, where he played an instrumental part in driving the company’s 2019–2023 strategic plan.
This plan resulted in a 300 per cent increase in profitability. He brings his experience in business development and commercial strategy to bear.
His previous tenure as Acting Managing Director and Executive Director of Corporate Services contributed to the development of NAHCO’s operational success and long-term strategic direction.
Mr Olumekun also led the company’s efforts in driving new business opportunities during his leadership of the Commercial and Business Development sectors in 2019.
Since retiring from his active role at NAHCO in 2022, he has continued his involvement in the company as a non-executive director on the boards of its subsidiaries, helping guide their growth.
By Aduragbemi Omiyale
No fewer than 49 young graduates have been employed in the oil and gas sector after completing an internship programme, which began in 2022.
A graduation ceremony was held for them recently in Port Harcourt, Rivers State after finishing the NCDMB/PETAN/SPDC JV Graduate Internship programme, which has benefitted about 170 young graduates.
The initiative was created by the Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture in collaboration with the Petroleum Technology Association of Nigeria (PETAN) and the Nigerian Content Development and Monitoring Board (NCDMB).
During the internship, the fresh graduates are attached to indigenous technical oilfield service companies in the upstream and downstream sectors for hands-on experience.
The scheme, which was established in 2014, has been lauded as a key human capital development initiative which is central to the promotion of Nigerian content in the oil and gas industry.
At the graduation ceremony this month, the chairman of PETAN, Mr Wole Ogunsanya, commended Shell for supporting the programme which is helping to build local manpower for a critical sector of the economy.
The General Manager for Nigerian Content at SPDC, Mr ‘Lanre Olawuyi, said: “The internship is more than a learning opportunity. It provides fresh graduates with technical expertise, equipping them with the practical skills needed to excel in their careers.
“It aligns with SPDC’s broader educational initiatives, contributing significantly to the actualisation of the UNESCO Education for All agenda and the Sustainable Development Goals in Nigeria, particularly in the Niger Delta.
“We owe the success of the programme to the untiring support of our JV partners, the Nigerian National Petroleum Company Limited (NNPC,) TotalEnergies and Nigerian Agip Oil Company Limited for which we’re grateful.”
By Aduragbemi Omiyale
Mr Robert Dalziel has been picked to be the new Managing Director of Interocean Marine Services, as part of the strategies of the company to drive its growth in the Middle East and Asia Pacific (APAC) region.
A statement disclosed that Mr Dalziel was chosen for the task because of his in-depth understanding of Interocean’s operations and strategic objectives.
It was stated that his leadership would ensure a seamless transition into this new role, reinforcing the company’s commitment to delivering an integrated technology-led, asset support service.
He joined the organisation in December 2024. He had been the chief executive of Rigmar Group, which recently merged with Interocean, a specialist provider of marine services to the global energy industry.
He comes with nearly 30 years of engineering and business development expertise within the energy sector.
His extensive technical knowledge, coupled with a proven track record in commercial strategy, will be pivotal in driving Interocean’s ambitious growth plans across the Middle East and North Africa (MENA) and Asia Pacific (APAC) regions.
“We are thrilled to welcome Robert to the team. His exceptional leadership and proven success in driving business growth will be invaluable as we enhance our market presence, and continue to deliver exceptional service to our clients across the region,” the chief operating officer of Interocean, Mr Alex Clark, commented.
The appointee, while speaking, said, “I am absolutely delighted to be rejoining Interocean during this exciting period of growth.
“After nearly 10 years, it was a fantastic opportunity to be involved in the next evolution of the business. The company’s commitment to innovation and its client-centric approach is inspiring.
“I look forward to working with the talented team to drive continued growth and strengthen our position internationally.”
In line with its international expansion, Interocean is growing its MENA & APAC business, with plans to increase its regional presence in five new regions.
This investment demonstrates the company’s dedication to supporting both current and future projects while strengthening its regional capabilities.
Looking ahead to 2025, the company will continue to deliver a comprehensive range of project solutions that encompasses everything from planning, design, and installation to operational maintenance and decommissioning.
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