Jobs/Appointments
Stanbic IBTC Announces Board Shakeup, Expects Fresh Ideas
By Modupe Gbadeyanka
One of the leading financial powerhouses in Nigeria, Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced changes to its board of directors.
The company, in a statement on Monday, explained that the move was part of its effort to consolidate on its impressive financial performances and market leadership across the financial services spectrum.
The firm stressed that the appointments are expected to bring fresh thinking and ideas as well as energy into the group’s operations, stating that those chosen cut across the Stanbic IBTC Group, including Stanbic IBTC Bank, Stanbic IBTC Asset Management Limited, Stanbic IBTC Pension Managers Limited, and Stanbic IBTC Insurance Brokers Limited.
According to the statement, Mr Adekunle Adedeji has been promoted to the position of executive director at Stanbic IBTC Holdings Plc with effect from February 22, 2019.
It was disclosed that Mr Adedeji, who has over 20 years’ experience, is also Stanbic IBTC Group’s Chief Financial Officer.
He had a similar experience with Stanbic Ghana and has worked with Ernst & Young, belonging to several professional institutes, including the Institute of Chartered Accountants of Nigeria (ICAN).
Also appointed by the company is Mr Barend Johannes Kruger, who is now a non-executive director for Stanbic IBTC Bank effective from May 20, 2019, following the receipt of all required regulatory approvals.
Mr Kruger had previously been appointed to the board of Stanbic IBTC Holdings Plc in January 2019 and will now serve on both the Holding Company and the bank boards as a non-executive director.
Mr Kruger is a chartered accountant with over 30 years’ experience in the financial services industry.
Another person appointed to the board of the bank, following regulatory approvals, was Ms Rabi Isma as an independent non-executive director, effective from May 9, 2019.
Ms Isma has extensive experience in the telecoms industry with 9Mobile and Etisalat Sri Lanka. She has previous worked for the British Council in Nigeria and served as special adviser to the governor of Kano State.
Ms Isma has multiple certifications and has attended several executive programmes, both at the Harvard and Michigan Ross Business Schools, United States of America.
Also appointed is Mrs Bunmi Dayo-Olagunju as an Executive Director in charge of Operations for Stanbic IBTC Bank.
Prior to this, Mrs Dayo-Olagunju was Deputy Head of Operations and also previously served as Chief Executive of Stanbic IBTC Asset Management Limited, the group’s asset management subsidiary.
She has over 20 years of hands-on experience in the financial services industry having worked in different capacities across the subsidiaries of Stanbic IBTC Group.
Similarly, Mr Dele Sotubo replaced Mrs Dayo-Olagunju as Chief Executive of Stanbic IBTC Asset Management Limited effective February 12, 2019; Mr Olumide Oyetan was appointed Executive Director, Investments, Stanbic IBTC Pension Managers Limited with effect from March 1, 2019; Mr Charles Emelue was appointed Executive Director, Operations, Stanbic IBTC Pension Managers Limited on April 1, 2019 while Ms Sakeenat Bakare was appointed Executive Director for Stanbic IBTC Insurance Brokers Limited, effective February 26, 2019.
The statement described the appointed persons as highly qualified and experienced to deliver results in their new roles.
Chief Executive of Stanbic IBTC Holdings Plc, Mr Yinka Sanni, while commenting on the appointments, said, “We are pleased to entrust these individuals with new responsibilities and look forward to benefiting immensely from their wealth of knowledge and experience as we enter the next phase of our growth.
“In filling these roles, we identified our priorities and these individuals fit into our growth objectives.”
By Modupe Gbadeyanka
Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.
Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.
The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.
Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.
Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.
A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.
He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.
The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.
He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.
He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).
In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.
By Modupe Gbadeyanka
A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.
The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.
His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.
It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.
The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.
The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.
He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.
By Aduragbemi Omiyale
In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.
A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).
She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.
Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).
In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).
Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.
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