Kunle Adedeji, has been appointed as acting Chief Executive of Stanbic IBTC Holdings Plc.
Adedeji’s appointment followed the retirement of the company’s Chief Executive, Demola Sogunle, effective October 31, 2024.
Already, the Board has received Regulatory approval for Adedeji’s appointment with effect from November 1, 2024.
“After almost 35 years of dedicated service, Sogunle has made a significant impact on Stanbic IBTC as a Group, guiding the Organisation through numerous challenges and achievements.
The Board of Directors extends its profound gratitude for his unwavering commitment, visionary leadership, and significant contributions to the success of Stanbic IBTC Group over the years,” the company said in a statement signed by Chidi Okezie, Company Secretary.
According to the statement, “Adedeji, brings a wealth of experience and a strong track record of leadership within our organisation. Dr Adedeji, who was appointed as an Executive Director in 2019 is a seasoned financial expert with over 25 years in the banking sector.
“He holds an MBA in Finance from the University of Lagos and a DBA from the SBS Swiss Business School, Switzerland. He is also the current Chief Finance and Value Management Officer of the Company and will continue in this capacity throughout the duration of his tenure as Acting Chief Executive of the Company. The Board is confident that Mr. Adedeji’s leadership would be instrumental in driving the growth strategy of Stanbic IBTC Group.”
