The Board of Directors of Stanbic IBTC Holdings Plc has announced the appointment of Mrs. Olusola David-Borha as Chairman of the Board.
This was contained in the company’s notice to the Nigerian Exchange Limited (NGX) seen by NewsNGR.
According to the statement, the appointment is with effect from 26 September 2024 following the receipt of all required regulatory approvals.
Mrs. Sola David-Borha succeeds Mr. Basil Omiyi as Chairman following Mr. Omiyi’s retirement as a Non-Executive Director and Chairman on 16 May 2024.
According to the statement signed by the Company Secretary, Chidi Okezie, Sola David- Borha had previously served as Chief Executive Officer of Standard Bank, Africa Regions. Prior to that, she had also served as Chief Executive Officer of Stanbic IBTC Holdings and Stanbic IBTC Bank. Mrs.
Sola David- Borha has had an extensive career in the financial services industry, spanning over 35 years.
Her executive educational experience includes the Advanced Management Program of Harvard Business School and the Global CEO Program of CEIBS, Wharton and IESE.
She is an honorary senior member of the Chartered Institute of Bankers of Nigeria and winner of the CNBC African Woman of the Year Award for 2016.
The Board noted that it is confident that Sola David-Borha’s leadership would be instrumental in driving the growth strategy of Stanbic IBTC Group.