Oni Becomes First Female CEO of Standard Chartered Sierra Leone

Image

By Ahmed Rahma

Standard Chartered Bank has appointed Ms Yetunde Oni as the Chief Executive Officer of its subsidiary in Sierra Leone, making her the first female to occupy the position.

Ms Oni joined Standard Chartered Bank in 2005 as a Senior Account Relationship Manager in the Local Corporates Segment. She was the pioneer Head of Commercial Clients, Standard Chartered Bank Nigeria Ltd in September 2014 and reappointed Head Commercial Banking in 2017.

The banker, who graduated from the University of Ibadan with a Bachelor’s degree (Honours) in Economics, has attained several professional and Leadership certifications internationally and locally.

She began her career with the Prime Merchant Bank Treasury & Money markets Group from where she joined Ecobank Nigeria for 10 years and contributed extensively to the development of the bank’s franchise across a wide spectrum of sectors within the commercial banking and institutional banking groups.

Ms Oni has also brought of wealth of experiences from her current role as Managing Director & Head Commercial Banking Nigeria & West Africa and previous role as Head of Local Corporates and Senior Relationship Manager/ Area Manager Standard Chartered Bank Nigeria &West Africa which led to her appointment.

Speaking on the appointment, CEO Standard Chartered Nigeria & West Africa, Mr Lamin Manjang stated that, “In her new role as CEO, Yetunde will oversee the Sierra Leone franchise, and will lead the bank’s refreshed strategic priorities in the market, strengthen our client base, expand our products and services offering, and solidify our network as the country moves towards economic resurgence and diversification.”

“The bank remains grateful to conduct banking activities in Sierra Leone.

“Given our footprint in 60 markets across the world, we will continue to leverage our presence in Sierra Leone to promote trade, investment and capital flows from our network spanning around 60 countries, in support of the government’s sustainable development agenda,” he further said.

Share
Related Stories
Image
28-February-2024

Firms in Nigeria to Pay Annual Levy for Hiring Foreigners

By Aduragbemi Omiyale A new tax known as Expatriate Employment Levy (EEL) has been introduced by the federal government and it is to be paid by companies, which hire foreigners to work in Nigeria. The scheme was launched on Tuesday in Abuja by President Bola Tinubu and it is to close wage gaps between expatriates and Nigerian workers. The government explained that the policy aims to find a balance between leveraging foreign expertise and fostering local talent in Nigeria’s job market through the EEL, emphasising that it is not to discourage foreign investments. It was stressed that the level would

Image
01-February-2024

Otedola Takes Over as FBN Holdings Chairman

By Dipo Olowookere Prominent Nigerian businessman, Mr Femi Otedola, has been appointed as the chairman of FBN Holdings Plc, the parent company of First Bank Nigeria Limited, a foremost lender in the country. He was picked for the position at the meeting of the board of the organisation held on Wednesday, January 31, 2024. He is taking over the post from Mr Ahmad Abdullahi, after he joined the board in August 2023 as a non-executive director. Mr Otedola, who has been described as a visionary entrepreneur, is also the chairman of Geregu Power Plc, a company also listed on the

Image
21-February-2024

Tinubu Appoints Kemi Nanna Nandap as Comptroller-General of Immigration

By Modupe Gbadeyanka The Deputy Comptroller-General (DCG) of the Nigeria Immigration Service (NIS), Ms Kemi Nanna Nandap, has been elevated to the post of the Comptroller-General of the agency. This followed her appointment by President Bola Tinubu, according to a statement issued by his spokesman, Mr Ajuri Ngelale, on Wednesday. The presidential aide disclosed in the statement today that the appointment of Ms Nandap will take effect from Friday, March 1, 2024. She is taking over from Mrs Caroline Wura-Ola Adepoju, whose term in office expires on February 29, 2024, the disclosure said. “President Bola Tinubu has approved the appointment

Image
29-January-2024

Stanislaus Martins to Lead Aleph Operations in West Africa

By Modupe Gbadeyanka Mr Stanislaus Martins has been appointed as the Managing Director of Aleph Group for West Africa, a statement from the firm has confirmed. Mr Martins is expected to lead the entire operations of Aleph across the West Africa region, with a focus on solidifying the company’s position as the region’s premier sales partner for digital platforms, cultivating strategic partnerships, and driving the growth of the West African digital economy. The new MD boasts nearly two decades of experience spearheading successful initiatives across industries. He has a comprehensive understanding of the African digital landscape, having previously served as

More Stories
Image
10-August-2023

Zenith Bank to Develop SmartAfCFTA for Trade Promotion

By Modupe Gbadeyanka A portal to unlock the vast opportunities for trade on the African continent is to be designed by Zenith Bank Plc in partnership with the African Continental Free Trade Area (AfCFTA) Secretariat. The platform, SmartAfCFTA, will provide information like trade indicators, market trends, custom tariffs, trade agreements, rules of origin, market access requirements of relevant jurisdictions, export potentials, export diversification indicators and contact details of business partners in target markets and other trade-related information about Africa. At the 8th Zenith Bank International Trade Seminar on Non-Oil Export in Lagos, both parties signed a Memorandum of Understanding (MoU)

Image
09-June-2020

Unlisted Securities Market Size Falls to N506.35bn

By Adedapo Adesanya It was a negative outcome for the unlisted securities market on Monday, June 8, 2020 as the NASD Over-the-Counter (OTC) Securities Exchange fell by 0.44 percent. At the first trading session for the week, the market capitalisation of the exchange, which measures the market size, depreciated by N2.25 billion to settle at N506.35 billion in contrast to N505.76 billion it finished last Friday. Also contracting yesterday was the NASD Unlisted Security Index (NSI). The index fell by 3.06 points to end the day at 689.32 points from 692.38 points recorded at the previous session. It was observed

Image
01-February-2021

2000 Girls Get Menstrual Period Kits from Keystone Bank

By Modupe Gbadeyanka Over 2,000 marginalised girls in secondary schools in Abuja, Lagos and Nasarawa States recently received menstrual period kits from Keystone Bank Limited. The donation was in furtherance of the lender’s commitment to empower, enhance and promote healthy living amongst Nigerian women and young girls. Keystone Bank gave out the items through its Pink Network initiative, in partnership with the Giveback Nigeria and Hayat Holdings, makers of Molped pads. About 1,242 secondary school girls in Lagos benefitted from the gesture, while 600 and 250 received the kits in Abuja and Nasarawa State respectively. “Most often, young girls in

Image
14-November-2023

Profit-Takers Weaken Nigerian Exchange by 0.33%

By Dipo Olowookere The Nigerian Exchange (NGX) Limited succumbed to the bears on Monday after it depreciated by 0.33 per cent as a result of the dominant activities of profit-takers. The loss was buoyed by the selling pressure on the industrial goods space, with BUA Cement the major culprit. Investors also booked profit in Japaul, which gained over 50 per cent last week. At the close of business, the industrial goods sector lost 3.27 per cent, the insurance counter depreciated by 0.09 per cent, and the consumer goods index went down by 0.02 per cent, while the banking space rose

Image
15-June-2023

Meristem Sees Nigeria’s May Inflation at 22.42%

By Aduragbemi Omiyale Analysts at Meristem Research are projecting that inflation in May 2023 will rise to 22.42 per cent from the 22.22 per cent recorded in April 2023. The National Bureau of Statistics (NBS) is expected to release the inflation numbers today, June 15. In a note obtained by Business Post, Meristem said the rise in the average cost of goods and services in the period under review would be caused by an “increase in food prices,” especially in vegetables, oils, bread, and tubers. “We expect the headline inflation to increase by 20 basis points to 22.42 per cent

Image
22-February-2021

Keystone Bank Boosts Lagos Environmental Sanitation

By Modupe Gbadeyanka The Lagos State government’s environmental sanitation efforts recently received a huge boost when the new intakes of Keystone Bank Limited donated some kits to the Lagos State Waste Management Authority (LAWMA). The new employees, who recently graduated from the bank’s training school, The Keystone Bank Learning Academy Lagos, gave the agency 60 units of street sweepers’ uniforms. This is aimed to boost the morale of the personnel, who work hard to keep the city very clean and it was part of the bank’s Corporate Social Responsibility (CSR) drive. “Keystone Bank is committed to sustainability and therefore has

Image
10-September-2016

Sterling Bank Donates 1400 Uniforms To Oyo Street Sweepers

By Modupe Gbadeyanka The management of Sterling Bank Plc has donated overall uniforms to street sweepers in the employ of Oyo State Government in what the bank calls its contribution to the government’s environmental sanitation efforts. Deputy Governor of the State, Mr Alake Adeyemo, while receiving the 1400 uniforms on behalf of the Governor, Mr Abiola Ajimobi, lauded the bank for being alive to its Corporate Social Responsibility (CSR). He reiterated the resolve of the state not to allow a relapse into the dark days when the state, especially the capital, Ibadan, was adjudged to be one of the dirtiest

Image
18-October-2021

Sendbox Raises $1.8m to Digitise Deliveries for African SMEs

By Adedapo Adesanya Nigerian-based e-commerce merchant platform, Sendbox, has raised a $1.8 million seed round from investors comprising 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments. With participation from Flexport and YC Combinator as part of its 2021 winter cohort, Sendbox’s total investment raised has now reached $2 million following a pre-seed round from Microtraction and 4DX Ventures in 2018. The injection of the new fund will allow the platform to further digitise deliveries for African small and medium-scale enterprises (SMEs) through its delivery management platform, which aggregates logistics providers and enables tracking. The next stage of the company’s

Ad
Ad
Recent Stories
Image
19-March-2024

Brent Jumps to $86 Per Barrel on Low Crude Exports, Stronger Demand

By Adedapo Adesanya  The price of the international crude benchmark, Brent Crude, rose by 88 cents or 1.0 per cent to $86.22 per barrel on Monday, triggered by lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth in China and the US. Also, the US West Texas Intermediate (WTI) crude appreciated by $1.01 or 1.3 per cent to $82.05 per barrel, as Iraq, the second-largest producer in the Organisation of the Petroleum Exporting Countries (OPEC), said it would reduce crude exports to 3.3 million barrels a day in the coming months to compensate

Image
18-March-2024

Cardoso Begins CBN Clean-up, Removes Directors Close to Emefiele

By Aduragbemi Omiyale There are strong indications that some directors at the Central Bank of Nigeria (CBN) may have to lose their jobs in the in-house clean-up exercise by the Governor, Mr Yemi Cardoso. Reports suggest that Mr Cardoso wants to let go of some directors who worked closely with Mr Godwin Emefiele, who President Bola Tinubu believes worked to stop him from going to Aso Rock. Recall that during his electioneering campaign, Mr Tinubu accused the former CBN chief and some persons of introducing the botched Naira redesign policy to frustrate him. Immediately after he assumed office on May

Image
18-March-2024

Profit-Taking Depletes Nigerian Exchange by 0.40%

By Dipo Olowookere The Nigerian Exchange (NGX) Limited succumbed to profit-taking on Monday, shedding 0.40 per cent despite a bullish investor sentiment. The local bourse ended with 27 price gainers and 18 price losers today, implying a positive market breadth index. The selling pressure was just investors booking profit after gains in the past few trading sessions, especially in MTN Nigeria, GTCO, Zenith Bank and others. The heaviest price depreciation was recorded by McNichols, 9.30 per cent, closing at N1.17, and was trailed by DAAR Communications, which shed 8.97 per cent to 71 Kobo. UPDC declined by 7.89 per cent

Image
18-March-2024

NCC Announces 90% Restoration of Voice, Data Services After Cable Cuts

By Adedapo Adesanya The Nigerian Communication Commission (NCC) has announced that voice and data services affected by undersea cable cuts last week have been 90 per cent restored. In a series of tweets signed by Mr Reuben Muoka, the Director of Public Affairs at the commission on Monday, March 18, the NCC said, “Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, we are pleased to announce that services have now been restored to approximately 90% of their peak utilization capacities.”

Image
18-March-2024

Unity Bank, SkillPaddy to Train Female Software Engineers

By Modupe Gbadeyanka At least 1,000 female software engineers will undergo a training programme organised by SkillPaddy through its Count Her In tech programme with support from Unity Bank Plc. The IT skill development and empowerment initiative is intended to bridge talent supply gaps while providing individuals with the opportunity to meet their training goals and launch careers in the tech industry. It was disclosed that about 40 young girls will receive full sponsorship from Unity Bank in the special training initiative which was conceived as part of activities to commemorate this year’s International Women’s Day 2024. All beneficiaries of

Image
18-March-2024

Your Moods Soundtracked With Spotify’s New Daylist Feature

Throughout the day, your mood changes, and so does the music you listen to. Last night might have been an island vibes riddim Monday night, while this moment is more of a nostalgic 2010s Tuesday afternoon. The point is, that you’re ever-changing, and your playlists should be too. Say hello to daylist, your day in a playlist. This new, one-of-a-kind playlist on Spotify ebbs and flows with unique vibes, bringing together the niche music you typically listen to during particular moments in the day or on specific days of the week. It updates frequently between sunrise and sunset with a

Image
18-March-2024

Stanbic IBTC Adopts Mala Kachallah Model School, Three Others

By Modupe Gbadeyanka Mala Kachallah Model School in Maiduguri, Borno State; Methodist School Mbiafun Nkwono Ikono, Akwa Ibom State; Aramoko District School, Aramoko Ekiti State; and Magin Rafi Model Primary School Tudun Wada, Sokoto State have been adopted by Stanbic IBTC Holdings Plc. The leading financial services provider in Nigeria revamped these citadels of learning under its Adopt-a-School programme structured on the company’s Social, Environmental, and Economic (SEE) framework, which aligns with its mission to be a responsible corporate citizen. It was learned that Stanbic IBTC renovated and rebuilt classroom blocks, provided modern and conducive learning environments, furnished classrooms, established

Image
18-March-2024

Nigeria’s Data Regulator Investigates Alleged NIMC Breach

By Adedapo Adesanya The Nigeria Data Protection Commission (NDPC) is investigating allegations of unauthorised access to the personal data of enrollees in the database of the National Identity Management Commission (NIMC). This was disclosed by Mr Vincent Olatunji, the National Commissioner of the data regulation body in a statement signed by Head of Legal, Enforcement and Regulations, NPDC, Mr Babatunde Bamigboye on Monday. He said the investigation is a further regulatory measure to be taken by the commission in the wake of public concerns over reports of illegal access, to the personal data of enrollees by a shadowy entity called

Image
18-March-2024

Russia Validates Partnership with Republic of Congo

By Kestér Kenn Klomegâh Over the years, Russia and the Republic of Congo have had good bilateral relations and, undoubtedly, there are still prospects for strengthening these relations, especially in the economy and security spheres as underlined during the meeting between Vladimir Putin and Denis Sassou-Nguesso in the Kremlin. “Our countries have always had friendly relations that have been developing this way for 55 years now. Our trade is growing – by over 60 per cent – although, unfortunately, the numbers in absolute terms are still modest. But, we have good potential in several industries, such as energy, the processing

Image
18-March-2024

2,250 Professionals for Interswitch Job Shadowing Programme

By Modupe Gbadeyanka An initiative known as Job Shadowing Programme designed to empower about 2,250 professionals through immersive training, tailored coaching, and mentorship sessions has been introduced by one of Africa’s leading integrated payments and digital commerce companies, Interswitch. A statement disclosed that the mentorship sessions would span diverse disciplines such as engineering, product management, operations, marketing, finance, and human resources. The firm explained that the scheme was designed to nurture emerging talent and enhance capabilities within the continent’s tech sector. Scheduled to run from March to June 2024, participants will immerse themselves in comprehensive training, gaining insights into industry