Stanbic IBTC Appoints New Executives Across Subsidiaries

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Stanbic IBTC Holdings PLC, a member of Standard Bank Group has appointed new directors to oversee the operations of various subsidiaries within the group.

According to disclosure signed by Chidi Okezie Company Secretary, this is in line with the financial institution’s tradition and succession strategy of grooming leaders.

Stanbic IBTC Appoints New Executives Across Subsidiaries

The development is expected to bolster the group’s capabilities to provide better services to its clients.

The new appointees

  • Helmut Engelbrecht was appointed as Non-Executive Director, Stanbic IBTC Bank PLC
  • Hassan Khan was appointed as Non-Executive Director, Stanbic IBTC Capital Limited.
  • Bunmi Olarinoye and Idris Toriola took up the positions of Chief Executive and Executive Director respectively at Stanbic IBTC Stockbrokers Limited.
  • Adelanwa Adesanya and Selvan Kistnasamy were also appointed Independent Non-Executive Director and Non-Executive Director respectively at the stockbroking subsidiary of Stanbic IBTC.
  • Titi Ogungbesan, the erstwhile Chief Executive of Stanbic IBTC Stockbrokers became Executive Director – Business Development at Stanbic IBTC Insurance Limited
  • Jesuseun Fatoyinbo was appointed as a Non-Executive Director on the Board of Stanbic IBTC Nominees Limited
  • Ese Nkadi took up the role of Executive Director at Stanbic IBTC Trustees Limited.