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Directors

Mr. Yinka Sanni

Mr. Yinka Sanni is an Executive Director and Head of Corporate and Investment Banking in Stanbic IBTC Bank Plc. He has the responsibility of providing oversight for the Corporate Banking and Transactional Products & Services division of the Bank. This includes Client Coverage, Corporate Banking, Private Client Services, Corporate Affairs/Corporate Social Investment, Research, Financial Institutions (FI) and Transactional Products and Services (TPS).

A graduate of Agricultural Economics from the University of Nigeria, Nsukka and an Associate Member of the Chartered Institute of Stockbrokers in Nigeria, Mr. Yinka Sanni also holds an MBA degree from the Obafemi Awolowo University, Ile-Ife, and has attended the Advanced Management Programme (AMP) of the Harvard Business School. He is the present Chairman of Stanbic IBTC Asset Management Limited and Stanbic IBTC Trustees Limited (subsidiaries of Stanbic IBTC Bank Plc), and also sits on the Boards of two other subsidiaries of Stanbic IBTC Bank Plc - Stanbic IBTC Pension Managers Limited (SIPML) and Stanbic IBTC Stockbrokers Limited (SISL). In 2009, he was appointed a member of the Board of Directors of Credit Registry CR Services, a Credit Bureau in Nigeria.


Mr Olumide Oyetan

Mr Oyetan is Chief Executive Officer of Stanbic IBTC Asset Management Limited. He holds a Bachelors degree in Economics, Politics and Government from the University of Canterbury, United Kingdom as well as a Masters degree in Financial and Commercial Regulation from the London School of Economic and Political Science. He was previously Head of Investment Management Division at Stanbic IBTC Pension Managers Limited where he oversaw various Investment portfolios. He was appointed to the Board of SIAML in April 2008


Mr. Chris Newson

A Qualified Cat, Mr. Newson has been with the Standard Bank Group for 16 years. Starting his career in Corporate Finance, Chris then moved to Durban to set up Standard Merchant Bank's ("SMB") office. Two years later Standard Corporate Merchant Bank ("SCMB") was formed resulting in Mr. Newson taking over the combined SBSA/SMB corporate operations in Durban, the core of which business was corporate banking. In January 1998 he moved back to Johannesburg to take up the position as joint head of SCMB's Corporate Banking Division and was appointed to Exco.

In January 2000 he was appointed Head of Corporate Banking and a year later also took on responsibility for Business On-Line. In 2002, Mr. Newson was the CIB Exco Director with responsibility for Corporate Banking, Global Transactional Banking, CRM and CIB's Rest of Africa operations. He was promoted to Deputy Chief Executive, Standard Bank Africa in August 2006, whilst continuing to head up Corporate and Investment Banking Africa, he sat on a number of committees within Standard Bank and CIB including Exco's, Credit, Alco and Country Risk committees. He is currently the Chief Executive of Stanbic IBTC Bank Plc, Nigeria.

Mrs. Sola David-Borha

Mrs. David-Borha is currently the Deputy Managing Director of Stanbic IBTC Bank Plc (“formerly IBTC Chartered Bank Plc “) She holds an MBA degree from Manchester Business School, United Kingdom. Her executive educational experience includes the Advanced Management Programme of the Harvard Business School.

She joined the Board of IBTC in July 1994. She oversees the Corporate & Investment Banking Division of the Bank. This comprises the Corporate Finance, Corporate Banking, Project and Structure Finance Departments. She is also responsible for the Bank's correspondent banking relationships. In addition, Mrs. David-Borha is a member of the Nigerian Economic Summit Group.

Angela Omo-Dare

Ms Omo – Dare is the Stanbic IBTC Bank's company secretary and Legal Adviser. The broad spectrum of advice she offers on the various activities undertaken by the Bank and it’s subsidiaries, is crucial to the smooth execution of the specialized and complex transactions often handled by the Stanbic IBTC Group. She also assists in ensuring that the Bank and its subsidiaries strictly comply with legal and regulatory requirements.


Mrs Ifeoma Lilian Esiri

Mrs Ifeoma Lilian Esiri is a Legal Practitioner with over 25 years experience. She is currently the Managing Partner of the law firm of Lilian Esiri and Co. which focuses on Capital Market activities, Mergers and Acquisition, as well as Corporate and Commercial Law. She is also a Non-Executive Director of Stanbic IBTC Bank PLC (our parent Company) and holds an LLB and LLM from the London School of Economics & Political Science.


Mr Obinnia Abajue

Mr. Obinnia Abajue is the Acting Chief Executive Officer (“CEO”) of Stanbic IBTC Pension Managers Limited (“SIPML”) – the largest Pension Fund Administrator in Nigeria.

Prior to his appointment, he was the pioneer Chief Operating Officer of SIPML, where he was responsible for the design and implementation of the Company's excellent pension administration and management systems and developed innovative growth strategies for the pension market in Nigeria.

Prior to joining SIPML, he was Head - Asset Management at Stanbic IBTC Asset Management Limited and has extensive experience in Asset Management, Relationship Management and Corporate Finance.

He holds a B.Sc in Actuarial Science from the University of Lagos, Nigeria and an MBA degree from The Imperial College London, United Kingdom. He is a Fellow of the Institute of Chartered Accountants of Nigeria, a Chartered Stockbroker, and an Associate of the Chartered Institute of Bankers of Nigeria.


 

 

 


 

          
          
 
Latest Market News                                      

Market View is constructive as bull case strengthens

During the week, the merger scheme between Benue Cement Company plc (BCC) and Dangote Cement plc (DCP, formerly Obajana Cement) was published. The document states that DCP will be offering minority shareholders in BCC one of its ordinary shares for two of BCC’s ordinary shares and that DCP’s shares will be listed and traded on the NSE from 5 November 2010. The market has reacted positively – BCC’s stock climbed 4% last week. We expect this sentiment to continue this week, although gains could be limited to NGN67.50 (4% upside) – BCC’s reference price for this transaction.... Full Story.


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