Sola David-Borha who held the position of Chief Executive Officer of Stanbic IBTC Holdings PLC since 2012 has resigned to take up new appointment with Standard Bank Group headquartered in South Africa.
The financial institution revealed this new development to the Nigerian Stock Exchange as they announced the appointment of Yinka Sanni as the new CEO.
“This is to advise The Nigerian Stock Exchange that Mrs. Sola David-Borha has resigned her appointment as Chief Executive of Stanbic IBTC Holdings PLC, in order to take up a new role as Chief Executive (Rest of Africa) at the Standard Bank Group in South Africa,” the company said.
“Mrs. David-Borha’s resignation became effective on Thursday 19 January 2017. Sequel to the above, we are pleased to announce the appointment of Mr. Yinka Sanni as the new Chief Executive of Stanbic IBTC Holdings PLC with effect from Thursday 19 January 2017.”
Yinka Sanni, was previously Chief Executive of Stanbic IBTC Bank PLC, (the Bank) and has worked in financial services covering banking, pension and asset management for over 26 years.