Stanbic IBTC makes management appointments, changes 

Wole Adeniyi, who until recently was the executive director, operations, Stanbic IBTC Bank, has been appointed executive director, personal and business banking. His appointment came on the heel of the appointment of Babatunde Macaulay, the erstwhile executive director, as regional head, personal and business banking for Standard Bank West Africa, based in Johannesburg, South Africa.

According to the bank, Adeniyi, in his new role, will provide a 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..

The banking group’s announcement filed with the Nigerian Stock Exchange (NSE) noted in its changes that Bunmi Dayo-Olagunju, the asset management arm’s chief executive officer, will assume a new role as deputy head, operations, Stanbic IBTC Bank.

Sanni while affirming the Standard Bank Group’s determination to build first-class, on-the-ground operations across Africa, said the bank 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,’ he stated.

Other positions announced by the group include Binta Max-Gbinije, head, commercial Banking and public sector group, Stanbic IBTC Bank; Babatunde Akindele, zonal head, Lagos Island, Stanbic IBTC Bank, Nike Bajomo, executive director, business development, Stanbic IBTC Pension Managers Limited, while Olusola Carrena and Oyinda Akinyemi were appointed executive directors of Stanbic IBTC Capital.

The banking group noted that regulatory approvals have been secured for all the appointment.