Stanbic IBTC appoints new CEOs

Stanbic IBTC appoints new CEOs

Following the appointment of Mr Yinka Sanni as Regional Chief Government (West Africa) for Customary Financial institution Group, the Stanbic Financial institution group has introduced the appointment of Mr Demola Sogunle as the brand new Chief Government officer of the Stanbic IBTC Holdings PLC and Wole Adeniyi because the Chief Government officer of Stanbic IBTC Financial institution PLC.

Each appointments are consistent with the corporate’s inside succession coverage, and topic to the approvals of the required regulatory our bodies. This announcement was contained in a press launch from the group signed by the corporate secretary, Chidi Okezie and made accessible to Nairametrics.


As regional CEO, Mr Sanni may have oversight obligations for Nigeria, Ghana and Cote d’Ivoire in addition to the supply of Customary Financial institution Group’s technique throughout West Africa.

Earlier than this appointment, Sogunle was the Chief Government of the Financial institution, and beforehand served as Deputy Chief Government of the Financial institution. He had additionally served as Chief Government of Stanbic IBTC Pension Managers, Head of Threat Administration, Chief Compliance Officer, in addition to Head of Treasury and Monetary Companies.

Demola holds a First-Class diploma in Agricultural Science and a Ph.D. in Land Useful resource Analysis and Administration, each from the College of Ibadan, Nigeria. He obtained an MBA in Banking and Finance from ESUT Enterprise Faculty, Nigeria and has accomplished the Superior Administration Program (AMP) of the Harvard Enterprise Faculty, Boston, USA.

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Demola additionally holds a Treasury Dealership Certificates from the Chartered Institute of Bankers of Nigeria (CIBN) and is a member of the World Affiliation of Threat Professionals. He nonetheless stays a Non-Government Director on the Board of the Financial institution.

Equally, Wole Adeniyi was the Deputy Chief Government of the Financial institution, till the appointment. He has served as Government Director, Private and Enterprise Banking. He’s a First-Class graduate of Enterprise Administration from the College of Benin, Nigeria, and holds an MBA from the Manchester Enterprise Faculty of The College of Manchester, UK.

He’s additionally a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), and a Licensed Data Techniques Auditor (CISA). Different promotions Mr. Remy Osuagwu has been appointed Government Director, Private and Enterprise Banking, to succeed Adeniyi within the execution of the retail technique of the Financial institution .

He was beforehand Head, Enterprise Banking. He holds a bachelor’s diploma in Banking & Finance, in addition to an MBA. He has had intensive expertise in banking and monetary providers, spanning a interval of over 20 years.

About Stanbic IBTC


Stanbic IBTC Holdings PLC, a member of Customary Financial institution Group, is a full-service monetary providers group with a transparent give attention to three most important enterprise pillars – Company and Funding Banking, Private and Enterprise Banking and Wealth Administration.