Press Release

Retirement of the Chairman of the Board of Stanbic IBTC Holdings PLC

LAGOS, NIGERIA - 17 May 2024

We hereby notify the Nigerian Exchange Limited and the Investing Public that following the conclusion of our 12th Annual General Meeting, the Board of Directors hereby announces the retirement of Mr. Basil Omiyi CON as Chairman and Non-Executive Director on the Board of the Company with effect from yesterday 16 May 2024. Mr. Omiyi served on the Board for over nine (9) years, out of which he was Chairman of the Board for the last seven (7) years.

The Board of Directors acknowledge and sincerely express their profound gratitude to Mr. Omiyi, CON for his leadership, service and immense contributions to the Stanbic IBTC Group while he was a Director and Chairman of the Board and wishes him the very best in all his future endeavours.

The Board of Directors have also approved the appointment of a new Chairman, which announcement will be made at a future date, following the receipt of all required regulatory approvals.

Signed:

Chidi Okezie

Company Secretary

I.B.T.C. Place Walter Carrington Crescent / P.O. Box 71707 Victoria Island Lagos Nigeria

Telephone: +234-1- 4227000. +234-1- 4488900 Facsimile: 234-1- 2806998 www.stanbicibtc.com

Stanbic IBTC Holdings PLC RC 1018051

Directors: Demola Sogunle (Chief Executive) Kunle Adedeji (Executive) F. Ajogwu (SAN) S. David-Borha I. L. Esiri B. Manu N. Nwuneli B. Omotowa S. Suleiman N. Uwaje

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Stanbic IBTC Bank plc published this content on 17 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 May 2024 16:03:05 UTC.