Dr. Kunle Adedeji becomes Acting Chief Executive of Stanbic IBTC Holdings PLC

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Dr. Kunle Adedeji has been appointed as the acting chief executive of Stanbic IBTC Holdings PLC, effective 01 November 2024. This is coming on the heels of the retirement of Dr Demola Sogunle with effect from 31 October 2024.

According to a statement garnered from the Nigerian Exchange Limited, after almost 35 years of dedicated service, Dr. Sogunle has made significant impact on Stanbic IBTC as a Group, guiding the Organization 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.

Following the retirement of Dr. Demola Sogunle, the Board has received Regulatory approval to appoint Dr Kunle Adedeji as the acting chief executive. Dr. Adedeji, brings a wealth of experience and a strong track record of leadership within our organization.

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 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.

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