By Aduragbemi Omiyale
Stanbic IBTC Holdings Plc has reorganised its board and has appointed Mr Stanley Jacob as the head of its proposed fintech subsidiary, Stanbic IBTC Financial Services Limited.
The fintech expert would be expected to work with the newly appointed non-executive directors of the board, Adenike Odukomaiya and Okechukwu Nwoke, to deliver optimal customer value with their pool of requisite skills, competencies and capabilities.
In a statement, Stanbic IBTC confirmed that it had received regulatory approval for the appointment of the trio, as well as the other employees appointed across its subsidiaries.
The financial holding company also announced the appointment of Mr Babs Omotowa as an independent non-executive director on its board, while Olu Delano was appointed as an executive director of Stanbic IBTC Bank PLC.
Other subsidiary appointments include Brian Marshal and Tosin Leye-Odeyemi as non-executive directors of Stanbic IBTC Capital Limited and Stanbic IBTC Trustees Limited, respectively, while Charles Onwude and Dele Sotubo became non-executive directors of Stanbic IBTC Ventures Limited.
Mr Onwude was also appointed to serve as a non-executive director of Stanbic IBTC Stockbrokers Limited.
According to the firm, the appointments underscored its well-established succession planning policy and reinforced its position as a market leader across the financial services sector.
It further stated that the appointments were in line with Stanbic IBTC’s tradition of rewarding excellence, performance, and dedication.
The chief executive of Stanbic IBTC Holdings, Mr Demola Sogunle, the new appointees possessed the qualifications and experience required to deliver results in their new positions, having demonstrated the capacity to deliver on the group’s strategy to remain the leading end-to-end financial services organisation.
“We have a strong tradition of careful succession planning and a good track record of seamless transitions at different levels. With these appointments, we intend to strengthen our capabilities for better customer service delivery.
“At Stanbic IBTC, we are committed to growing our people because no organisation can progress without placing a high premium on its human capital and investing in the growth trajectory of its staff,” Mr Sogunle said.
While charging the newly appointed directors to continue to drive performance over and beyond the expected, he said, “I am confident that the expertise and experience of the new appointees will positively impact the Group and further accelerate the achievement of our business goals and objectives,” urging them to contribute their quota to the organisation’s development as they discharge their duties in the new role.
Mr Sogunle pledged that the organisation would continue to uphold the culture of elevating its employees to take up higher responsibilities, adding that Stanbic IBTC would unceasingly invest in training and retraining its staff to ensure a professionally driven workforce that would deliver optimal customer value with a pool of requisite skills, competencies and capabilities.
