Sola David-Borha resigns as CEO Stanbic IBTC, moves to Standard Bank

Sola David-Borha who has led Stanbic-IBTC bank from 2012 till date, has resigned to take up a new role with Standard Bank Group in South Africa. Her r

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Sola David-Borha who has led Stanbic-IBTC bank from 2012 till date, has resigned to take up a new role with Standard Bank Group in South Africa. Her resignation became effective on Thursday 19 January 2017. Yinka Sanni has since been announced as the substantive Chief Executive of Stanbic IBTC Holdings PLC with effect from Thursday 19 January 2017. Sanni, who prior to his new appointment, was Chief Executive of Stanbic IBTC Bank PLC and is said to bring over 26 years experience in financial services covering banking, pension and asset management. He holds an MBA from the Obafemi Awolowo University Ile-Ife, having also undertaken the Harvard Business School, Boston’s Advanced Management Programme. He is a  fellow of the Chartered Institute of Stockbrokers of Nigeria. Demola Sogunle, the current deputy chief executive of the bank, has assumed the role of chief executive of the bank following Sanni’s elevation.