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Banking, Real Estate Executives Undergo Training

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By Roger A. Agana

After decades of efforts, a standard document to regulate the activities of the building and construction industry in Ghana has been instituted.

The comprehensive Building Code, GS1207 of 2018, encompasses requirements and recommendations for efficiency and standards for Residential and Non-Residential buildings and as well cover planning, management and practices in the construction of buildings.

The document also covers the smooth and safe operation of the building and construction industry such as Occupancy Classification and Use, Site Development and Land Use, General Building Heights and Areas. It also includes types of Construction, Fire and Smoke Protection Features, Interior Furnishes, Energy efficiency and Sustainability, Soils and Foundations, Electrical Systems and Allied Installations, Plumbing Systems, Lift and Conveying Systems, Safeguards during Construction and Green Building Requirements.

In the backdrop of setting standards to ensure that Ghana’s building environment is safe and meets international standards, Stanbic Bank has signed an MOU with the International Finance Corporation (IFC), a member of the World Bank Group, to train 18 staff of Stanbic Bank as certified Edge Experts, to support developers to be able to go green.

According to Mr Stanislaus Deh, head of product personal and business banking at Stanbic Bank Ghana, in an interview with Newsghana.com.gh at the training, on Thursday February 28, 2019, at the World Bank Office in Accra, he said, “What we are doing as a bank in spearheading this project is to make sure that every project that we finance, that is building, we go green with the people.”

“And the good thing is that, when you go green, it benefits you, it increases your profile, it prepares you for the regulations that are going to hit us very soon from 2020,” he added.

In an answer to the question, as to whether the people will be willing to adopt green buildings, he said, “For me, a lot of people will be more than willing to adopt it. What we have to do to scale up more now is together with the international community educate people quickly, so they know why we are doing what we are doing now.”

Mr Deh, expatiated that, the Sustainable Principles Committee of Ghana, has for the past three years been developing the sustainable principles for the banks. Saying, “Basically, like we all know that sustainability has got to do with meeting the needs of the present generation without compromising that of the future. So, looking at the fact that, in the past three years we as a world have agreed to deal with climate change. The country as a whole is doing what they can do to deal with mitigation and adoption.”

According to him, one of the low hanging fruits when it comes to climate change has to do with the issue of green buildings and built environments. “So for us in Stanbic Bank, apart from the Ghana Home Loans, we are one of the biggest in terms of providing built environments for the country. So, as the team in Stanbic, we thought that it is time to lead the crusade for green buildings with energy efficiency, water efficiency, and making sure that material embodiments are also good to be yoked with the regulations for the buildings to be certified as green.”

On his part in an interview, Mr Dennis Papa Odenyi Quansah, Program Lead for IFC EDGE Green Building Market Transformation Program in Ghana and Nigeria, explained that, “It is important to invest in green buildings, because it will minimize the use of water and electricity in buildings.

Green building structures are energy efficient, environmentally friendly and use resources wisely as well.”

He said, it wasn’t for nothing that the government of Ghana instituted the Ghana Building Code. That it was set up to champion efficient usage of scarce resources including energy and water

According to him, Green building is a step in the right direction towards conserving global energy because, energy consumption is predicted to grow by 37% by 2035 and 96% of this expected growth will be attributable to developing nations. Mr Quansah said, there is the need for green construction which offers a chance to secure emission cuts at a low cost.

A section of the trainees commended the authorities of Stanbic Bank and IFC, for the great opportunity to train them as certified Edge Experts, to support developers to be able to go green. They however called for more of such trainings in order to get more experts to help in the education.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Olabode Adeyeri Becomes Lagos Island LG Chairman’s Chief Press Secretary

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Olabode Adeyeri Lagos Island LG chair CPS

By Dipo Olowookere

The publisher of Citizen Magazine and Citizen NewsNG, Mr Olabode Adeyeri, has been appointed as the Chief Press Secretary (CPS) to the Lagos Island Local Government Chairman, Mr Taiwo Ajibade Oyekan.

The council boss disclosed that the appointment of the seasoned journalist, writer, and communications professional reflects his administration’s commitment to effective governance through strategic communication.

Business Post gathered that the appointment of Mr Adeyeri became effective on Wednesday, April 1, 2026.

The appointee will use his extensive experience in media practice and public engagement to strengthen the local government’s communication framework, enhance transparency, and improve the dissemination of policies and programmes to the public.

“The appointment of Mr Adeyeri is a deliberate step towards strengthening our engagement with the public and ensuring that our policies and programmes are communicated clearly and effectively.

“We are confident that his wealth of experience in journalism and communications will further improve transparency and deepen public trust in our administration,” Mr Oyekan was quoted as saying in a statement.

“We believe Mr Adeyeri will play a key role in projecting the vision of this administration and strengthening the bridge between the government and the people,” the council chief added.

Mr Adeyeri holds a Bachelor of Science degree from Olabisi Onabanjo University and a Master’s degree from the University of Lagos. Between 2011 and 2018, he worked with Globacom Nigeria Limited, where he served as Corporate Support Executive and Glo 1 Business Support Executive.

He established Citizen Communications Network in 2010. The company publishes Citizen Magazine and Citizen NewsNG.

Described as a prolific journalist and community development enthusiast, Mr Adeyeri is widely regarded as a result-driven professional and committed scholar, with a passion for advancing progressive ideals and contributing meaningfully to societal development.

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Energia Appoints Oladimeji Bashorun as CEO After Chris Egonu Exit

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Energia

By Adedapo Adesanya

Energia Limited has announced the appointment of Mr Oladimeji Bashorun as its chief executive to lead its next phase of growth following the exit of Mr Chidi Egonu.

Mr Bashorun, who previously served as the company’s Chief Operating Officer (COO), steps into the role after years of providing strategic and operational leadership within the organisation.

During his tenure as COO, he was at the helm of the company’s operations, driving operational efficiency and supporting the company’s long-term growth strategy.

A seasoned oil and gas professional with over two decades of industry experience, Mr Bashorun held several technical and leadership roles at Shell Petroleum Development Company and later at Sahara Upstream before joining Energia.

In these positions, he contributed to operational leadership, asset management, and initiatives focused on improving operational stability and performance, according to a statement by the company.

Commenting on the appointment, Mr George Osahon, Chairman of the Energia board, said: “Oladimeji Bashorun has demonstrated exceptional leadership and deep industry expertise during his time as Chief Operating Officer.

“His commitment to operational excellence and strategic growth has been instrumental to Energia’s progress.

“The board is confident that under his leadership as the Chief Executive Officer, the Company will continue to strengthen its position as a key player in the industry, while delivering sustained value to its stakeholders.”

Speaking on his new role, Mr Bashorun said, “I am honoured to assume the role of Chief Executive Officer of Energia. Working closely with a talented team that drives the company’s success, I look forward to building on our achievements and advancing Energia’s commitment to operational excellence, responsible energy development, and value creation for our stakeholders.”

Under his leadership, Energia said it will continue to focus on strengthening operational performance, expanding strategic opportunities, and contributing to Nigeria’s energy security, while maintaining its commitment to environmental stewardship and community development.

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Sunu Assurances Picks Olayinka Adaramola as ED for Technical Operations

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SUNU Assurances Nigeria

By Aduragbemi Omiyale

Sunu Assurances Plc has appointed Mr Olayinka Adaramola to its board as an executive director.

The appointee will be in charge of Technical Operations, a statement signed by the company secretary, Taiwo Kuku, disclosed.

Mr Adaramola is an astute insurance professional with over two decades of experience in underwriting, claims and strategic operations, combining technical expertise with academic excellence.

He obtained his Higher National Diploma (HND) in Insurance from Lagos State Polytechnic, Isolo, in 1996 and MBA in Marketing from Ladoke Akintola University of Technology, Ogbomosho, in 2009.

He began his professional career in September 1998 in the General Accident Department of Leadway Assurance Company Limited, where he honed his skills in underwriting different classes of insurance business and survey inspections.

Prior to joining the board of SUNU Assurances Nigeria in February 2026, he served as the Executive Director, Technical Operations of Capital Express Indemnity Insurance Limited.

He has attended various courses within Nigeria and the United Kingdom. He is an Associate Member of the Chartered Insurance Institute of Nigeria (CIIN).

In a related development, Sunu Assurances has announced the resignation of Mrs Olajumoke Bakare from its board with effect from April 1, 2026.

Mrs Bakare served as an independent non-executive director on the board after receiving regulatory approval for her appointment on April 7, 2022.

During her tenure, she served diligently on various board committees and contributed meaningfully to the board’s deliberations.

In accepting her resignation, the board expressed its profound appreciation for Mrs Bakare’s distinguished service, noting her thoughtful contributions, sound judgment, and principled approach to matters before the board.

It further acknowledged that her input significantly influenced both its decisions and overall effectiveness, reinforcing a culture of strong governance rooted not only in technical competence but also in integrity, trust, and composure.

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