Dr. Demola Sogunle has been named Deputy Chief Executive (Deputy Managing Director), Stanbic IBTC Bank PLC. He was until recently the Chief Executive of Stanbic IBTC Pension Managers, a position he had held since August 19, 2011.
Yewande Sadiku and Babatunde Macaulay have been appointed as Executive Directors, Corporate and Transactional Banking and Personal and Business Banking for Stanbic IBTC Bank respectively, while Eric Fajemisin and Bunmi Dayo-Olagunju were appointed Chief Executives for Stanbic IBTC Pensions Managers and Stanbic IBTC Asset Management respectively.
As Deputy Chief Executive of the Bank, Sogunle is expected to strengthen the executive team as the bank consolidates its growth strategy. He was formerly the Head of Treasury and Financial Services for the Bank, a position he held for over seven years. Prior to his appointment as Chief Executive of the Group’s Pension business, he was Stanbic IBTC Bank’s Head of Risk as well as its Chief Compliance Officer.
