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Stanbic IBTC rejigs Board of Directors, makes new appointments

Victor Odeyemi by Victor Odeyemi
January 4, 2023
in Business, Financial Services, News
0
Stanbic IBTC Holdings, a member of Standard Bank Group, reiterated its commitment to equip Nigerians with digital skills that enable them to be competitive in the tech-savvy industry and advance in their careers. The Group’s Chief Executive Officer, Dr. Demola Sogunle, recently stated that DiSEP was a programme designed to provide Nigerian youths with digital skills training that would improve their abilities and broaden their digital scope, giving them an edge in the job market. In his remarks, Dr. Sogunle noted that Stanbic IBTC's digital talent initiative had enabled young Nigerians to build and develop required tech skills. He added that the programme targeted the scarcity of tech skills within the ecosystem. “The DiSEP initiative was designed to enable young tech talents easily acquire top-notch digital skills required to compete in an ever-evolving tech world. The online intensive programme was designed to train Nigerian youths in basic computer literacy programmes, software development and other digital skills to build their capabilities and broaden their digital scope, which would give them an edge in the skilled labour market,” Demola said. “Asides making the youths employable, DiSEP encourages young people who are resourceful, hardworking and passionate to develop the required skills to fast track their career growth. We are happy to host another set of young Nigerians through the DiSEP 2.0 programme and we are confident that they are going to make us proud.” He noted that the end-to-end financial institution spearheaded the digital revolution in the tech sector through facilitating educational courses, capacity-building initiatives, and skills acquisition programmes. In the same vein, Funke Amobi, Country Head, People and Culture, Stanbic IBTC, said that to fully embed the needed digital skills in the programme participants, Stanbic IBTC partnered with tech experts to train eligible candidates, build their digital capabilities, and broaden their ICT knowledge scope to make them fit for hire as Stanbic IBTC digital talents and be globally competitive. Amobi stressed that the organisation would continue to strive in the digital space not only by advancing the technology sector but by also training the needed human capital to drive the industry. “The programmes involve training and reviews after which top students will be placed on the merit list of employment into Stanbic IBTC. Other graduates will be released back to the job market to enrich the market with their digital skills as part of the financial institution’s CSI initiatives. This plan will amplify Stanbic IBTC’s contributions to enhancing digital skills in the Nigerian market,” Amobi said. According to her, training and certifications offered under the DiSEP programme cut across Cyber Security, Cloud Engineering, C# NetCore, DevOps, and Java Spring Booth. Stanbic IBTC said it remained committed to effectively equipping Nigerians with digital skills to make them innovators for a better future.

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Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced the appointment of new directors across the group.

The financial holding company said it has appointed 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.

“Furthermore, Stanley Jacob was appointed as Chief Executive of Stanbic IBTC’s proposed fintech subsidiary, Stanbic IBTC Financial Services Limited. Adenike Odukomaiya and Okechukwu Nwoke would also serve as Non-Executive Directors on the Board of the Company.

“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. Charles Onwude was also appointed to serve as a Non-Executive Director of Stanbic IBTC Stockbrokers Limited.”

Chief Executive, Stanbic IBTC Holdings PLC, Dr Demola Sogunle, expressed his excitement about the appointments. He said 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.

According to Dr Sogunle, “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.”

While charging the newly appointed directors to continue to drive performance over and beyond the expected, Dr Demola 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.”

Underscoring the well-established succession planning policy of the organisation and reinforcing its position as a market leader across the financial services sector, these appointments were in line with Stanbic IBTC’s tradition of rewarding excellence, performance, and dedication.

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