By Cynthia Ezekwe
Stanbic IBTC Holdings Plc Board of Directors has appointed Babatunde (Babs) Omotowa as an independent non-executive director following the receipt of all required regulatory approvals.
The company announced this in a statement signed by Chidi Okezie, company secretary, and shared on the website of the Nigerian Exchange Limited (NGX) on Monday, 21st November, 2022.
The Board said it was pleased to welcome Omotowa as a member of the Board of the company, expressing belief that Omotowa’s wealth of experience will be of immense benefit to the company.
Omotowa holds a B.Sc. in Industrial Chemistry, two Masters in Business Administration in Operations Research and Strategic Supply, and an Honorary Doctor of Science. He is currently undertaking a DBA at Herriot Watts University, Edinburgh, and has attended several leadership programmes, at Harvard, INSEAD and IMD.
He is an international leader in the energy industry across Europe, Africa, the United States of America, Asia, and the Middle East, in organization leadership, commercial, strategy and operational roles spanning over 26 years.
The statement said Omotowa is not just an international leader, but has held various professional leadership positions, including being the global president for the Chartered Institute of Procurement and Supply, based in London, UK, and with over 100,000 members globally.
He was also managing director/CEO of Nigeria LNG Limited (NLNG) from December 2011 to September 2016.
Before joining Nigeria LNG, he served as a vice-president, Shell sub-Saharan Africa, director at Shell Petroleum Development Company, a non-executive director of West Africa Gas Pipeline Company, amongst others.
Subsequent to his role as MD, NLNG, Omotowa served as vice president of Shell Global Upstream E&P and later as special adviser to Shell Global Upstream.
Omotowa is also chairman of the Advisory Board of Montserrado Oil and Gas B.V, an independent director on the Board of Pearlhill Technology USA, and president of the Nigerian University of Technology and Management.
