Jobs/Appointments
Stanbic IBTC Reshuffles Team for Strategic Growth Sustenance
By Modupe Gbadeyanka
As part of strategic positioning to sustain its growth trajectory through skills rotation, Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced appointments and changes in some senior management positions in some of its subsidiaries.
In a statement signed by its scribe, Chidi Okezie, it was disclosed that Mr Wole Adeniyi, who until recently was the Executive Director in charge of Operations at Stanbic IBTC Bank, has been appointed Executive Director in charge of Personal and Business Banking at Stanbic IBTC Bank.
This followed the appointment of Mr Babatunde Macaulay, the erstwhile Executive Director, as Regional Head, Personal and Business Banking for Standard Bank West Africa, based in Johannesburg, South Africa.
Also, the Chief Executive, Stanbic IBTC Asset Management Limited, Mrs Bunmi Dayo-Olagunju, assumes a new role as Deputy Head, Operations, Stanbic IBTC Bank.
According to the Chief Executive Officer of Stanbic IBTC Holdings Plc, Mr Yinka Sanni, “These appointments are expected to strengthen our executive management by enhancing efficiency and competitiveness, as we continue the process of building Nigeria’s foremost end-to-end financial solutions provider with distinctive edge across the various market segments.”
“The new appointees bring a deep blend of expertise, experience and enthusiasm, which will be instrumental in driving further growth in the medium and long terms,” he added.
In affirming the Standard Bank Group’s determination to build first-class, on-the-ground operations across Africa, Mr Sanni said Stanbic IBTC would continuously invest in training and retraining of employees to ensure a professionally-driven workforce with a pool of requisite skills and talent to deliver optimal customer value.
“These appointments demonstrate our focus on growth opportunities for our people, support for individual career development and capacity building for a sustainable business,” Mr Sanni said.
As Executive Director, Personal and Business Banking, Mr Adeniyi will provide strategic lead to help consolidate, sustain and accelerate its strategy, especially within the retail banking ecosystem where the bank has witnessed significant growth in the last couple of years through its investment in digitization, youth focus and customer centric approach.
Mr Adeniyi has over 25 years’ banking experience, spanning, Treasury Operations, International Trade, Business Operations and Banking Operations.
Before his latest appointment as the Executive Director Operations, he was responsible for leading various strategic projects for Stanbic IBTC group, including the Core Banking projects (versions 1 & 2), repositioning overall business operations towards the necessary customer focus, agility and automation required to improve overall corporate efficiency.
Similarly, Mrs Binta Max-Gbinije has been named Head, Commercial Banking and Public Sector Group, Stanbic IBTC Bank; Mr Babatunde Akindele as Zonal Head, Lagos Island, Stanbic IBTC Bank: Mrs Nike Bajomo was appointed to Executive Director, Business Development, Stanbic IBTC Pension Managers Limited, while Ms Olusola Carrena and Mrs Oyinda Akinyemi were appointed Executive Directors of Stanbic IBTC Capital.
According to the statement, regulatory approvals have been secured for all the appointment.
Prior to her appointment, Mrs Max-Gbinije, was the Chief Executive, Stanbic IBTC Trustees. She was Head of Expert Banking in Stanbic IBTC and pioneered the team that is the bedrock of the bank’s Commercial Banking today before her move to wealth to start up Stanbic IBTC Trustees Limited, a subsidiary of the Group.
On her part, Mrs Bajomo has over 20 years post-graduation experience in different industry sectors including Financial Services and Information Technology.
She joined the company in 2008 as the Head of Business Development department and has since led the department through several transformational growth strategies.
Prior to her joining Stanbic IBTC in 2008, she was Head of Sales and Marketing at Pensions Alliance Limited. Her hands-on experience and sterling track record in business development and client service will definitely be instrumental in helping the business maintain its standing as Nigeria’s biggest pension fund administrator, even as the current growth rate in operations is further strengthened.
Ms Carrena joined Stanbic IBTC in May 2012 as a manager in the Financial Advisory team within Investment Banking and was appointed Head of Financial Advisory in 2014. She has 17 years’ experience spanning Financial Advisory, Private Equity and Business Operations, while Mrs Akinyemi joined the legacy Investment Banking & Trust Company (IBTC) in 2001 and rose through the ranks in the Corporate Finance team previously serving as Head, Financial Advisory before assuming her current position of Head, Equity Capital Markets in 2009.
As Executive Directors of Stanbic IBTC Capital, Ms Carrena and Mrs Akinyemi will bring to bear an unmatched combination of wealth of experience and sterling track records in their new positions.
By Adedapo Adesanya
President Bola Tinubu has approved the appointment of Mr Shu’aibu Shehu Aliyu as the Executive Secretary of the Petroleum Technology Development Fund (PTDF).
Mr Aliyu, a professor, is to replace Mr Ahmed Galadima Aminu, who recently resigned to participate in the 2027 governorship election in Adamawa State.
In a statement by a spokesperson to the President, Mr Bayo Onanuga, on Thursday, it was disclosed that the appointment of Mr Sule Ahmed Abdulaziz as the chief executive of the Transmission Company of Nigeria (TCN) has been renewed for a second and final term.
These appointments are said to take effect immediately.
Professor Aliyu, the new PTDF helmsman, is a distinguished academic and seasoned administrator with extensive experience in research, education, and institutional leadership. His appointment underscores the President’s commitment to strengthening key institutions in the petroleum sector and advancing capacity development for Nigeria’s energy industry.
“The President expects him to leverage his wealth of experience to reposition the PTDF for greater impact in human capital development, innovation, and strategic support for the oil and gas sector in line with national priorities.
“President Tinubu renewed Engineer Abdulaziz’s appointment following a comprehensive assessment of his performance and leadership of the nation’s transmission network.
“Under his stewardship, TCN has recorded notable improvements in grid stability, transmission capacity expansion, and system modernisation, reinforcing its critical role in Nigeria’s electricity value chain.
“Engr. Abdulaziz brings over three decades of experience in the power sector and has also strengthened regional electricity integration through his leadership in the West African Power Pool (WAPP).
“President Tinubu urges both appointees to discharge their responsibilities with diligence, integrity, and a strong sense of national service,” the statement said.
By Adedapo Adesanya
The Nigerian National Petroleum Company (NNPC) Limited saw its workforce rise by 12.2 per cent to 6,247 at the end of 2025 from 5,566 in the corresponding period of 2024, according to its latest employee data.
The state oil firm stated that its employees increased by 14.3 per cent from 5,495 recorded at the end of the first quarter of 2025 to 6,280 at the end of the second quarter of 2025.
Its staff strength, however, dropped by 0.11 per cent to 6,273 workers in the third quarter of 2025 and further shrank by 0.41 per cent to 6,247 in the last quarter of the year under review.
Giving a breakdown of its workforce in terms of gender, the NNPC disclosed that at the end of the fourth quarter, 5,044 employees, representing 80.7 per cent of its workforce, were males, while 1,203 employees, representing 19.3 per cent of its total workforce, were females.
Further breakdown revealed that Junior Staff 2 (JS 2) and Junior Staff 1 (JS1) cadres had one staff member and 175 staff members, respectively, at the end of the fourth quarter of 2025, as against one staff and 187 staff members, respectively, recorded in the third quarter of 2025.
In addition, the Senior Staff Seven (SS7) cadre had 31 employees, remaining the same as in the previous quarter, while the SS6 cadre dropped to 1,010 staff, from 1,012 staff recorded at the end of the third quarter of 2025.
The SS5, SS4, SS3, SS2 and SS1 staff cadre recorded 1,076 staff, 164 staff, 389 staff, 471 staff and 1,829 staff, respectively, in the quarter under review, compared with 1,076 staff, 164 staff, 391 staff, 478 staff and 1,835 staff, respectively, recorded in the third quarter of 2025.
Management Six (M6) cadre had 695 staff in the second quarter of 2025, compared with 699 staff in the same category in the previous quarter, while M5, M4, M3, M2 and M1 cadres had 237 staff, 117 staff, 47 staff, seven staff and one staff respectively, compared with 243 staff, 116 staff, 44 staff, seven staff and one staff in the corresponding cadres in the third quarter of 2025.
Further analysis of the NNPC workforce across different cadres showed that JS2 and JS1 accounted for 0.02 per cent and 2.75 per cent of its total workforce, respectively, while SS7, SS6, SS5, SS4, SS3, SS2 and SS1 cadres accounted for 0.50 per cent, 16.17 per cent, 17.22 per cent, 2.63 per cent, 6.23 per cent, 7.54 per cent and 29.28 per cent of the state oil company’s total workforce, respectively.
In addition, NNPC’s M6, M5, M4, M3, M2 and M1 cadres accounted for 11.13 per cent, 3.79 per cent, 1.87 per cent, 0.75 per cent, 0.11 per cent and 0.02 per cent, respectively.
In general, the NNPC Limited noted that it had 173 employees in its junior staff category; 4,970 employees in its senior staff category, and 1,104 employees in its management category.
It also reported that in its middle management cadre, it has 932 employees, accounting for 14.92 per cent of its total workforce, while the top management cadre had 172 employees, accounting for 2.75 per cent of its total workforce.
By Adedapo Adesanya
President Bola Tinubu has appointed Mr Ibrahim Ida as Chairman of the Corporate Affairs Commission (CAC).
Mr Ida holds an MSc in Banking and Finance from the University of Ibadan (1983) and an LLB from the University of Abuja (2003). Before being elected to the Senate in 2017 to represent Katsina Central, he served as the Commissioner of Finance for Katsina State and as the Permanent Secretary of the Federal Civil Service.
His appointment comes as the CAC faces legislative scrutiny over its books. The commission is part of a group of agencies that the House of Representatives Public Accounts Committee (PAC) recommended zero allocation for the year 2026, for allegedly failing to account for public funds appropriated to them.
The committee, at an investigative hearing held in February, accused CAC and some other ministries, departments and agencies (MDAs) of shunning invitations to respond to audit queries contained in the Auditor-General for the Federation’s annual reports for 2020, 2021 and 2022.
It asked the National Assembly not to continue to appropriate public funds to institutions that disregard accountability mechanisms.
President Tinubu also nominated seven people to fill vacant commissioner positions at the National Population Commission (NPC) as Federal Commissioners to represent their respective states in the National Population Commission. The nominees are;
1. Kolawole Oladipupo Alabi – Ekiti State
2. Nasiru Mu’azu – Zamfara State
3. Usman Abubakar Tuggar – Bauchi State
4. Dr Isaka Alada Yahaya – Kwara State
5. Prof. Sadiq Isah Radda – Katsina State
6. Suleiman Umar – Jigawa State
7. Hon. Chiso Abdullahi Dattijo – Sokoto State
The appointments, which complement other Federal Commissioners already sworn in, are subject to confirmation by the National Assembly.
The President also appointed Mr Yusuf Mohammed of Kano State as Chairman of the Federal Polytechnic, Kaltungo, and confirmed the appointment of Mr Bala Mohammed Bello as his Special Adviser on Political Economy.
Mr Bello, from Kebbi State, holds a Bachelor’s Degree in Accounting and an MBA from Ahmadu Bello University, Zaria. Before this appointment, he was a Deputy Governor at the Central Bank of Nigeria (CBN). He also served as Executive Director (Corporate Services) at the Nigerian Export-Import Bank (NEXIM) from 2017 to 2022.
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