Following the receipt of all required regulatory approvals, Stanbic IBTC Holdings PLC (Stanbic IBTC), a member of Standard Bank Group has announced the appointment of new directors across the Group. 

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. 

The financial holding company has therefore 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 NonExecutive 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.