Nigeria’s financial service providers, First Bank Limited and Stanbic IBTC Holding Plc have both appointed new Non- Executive Directors into their management team.
The banks made the disclosure on Thursday in separate statements seen by THE WHISTLER.
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While First Bank of Nigeria announced the appointment of Oluwande Muoyo as a Non-Executive Director, Stanbic IBTC named Sola David- Borha, as new non- executive member with effect from September 24, 2020.
The Chief Executive Officer of First Bank, Adesola Adeduntan, said in the statement that the bank was excited to have Muoyo into its management team.
Muoyo is a Chartered Accountant, Banker and former Commissioner for Budget and Planning in Ogun State.
Adeduntan said, “We are excited to welcome Mrs. Oluwande Muoyo to the FirstBank Board. She brings to the Board her depth of experience which spans over three decades in various leadership and strategic positions across the private and public sectors.
“I am assured that these rich experiences will have an immediate impact in the board which will transcend the activities of the Bank as a whole.”
On Stanbic IBTC’s appointment of David- Borha, the bank said, “The Board is pleased to welcome Mrs. David-Borha back to the Board of the Company and will undoubtedly continue to benefit immensely from her wealth of experience.”
With over 30 years experience in the financial sector, David- Borha is currently the Chief Executive, Standard Bank (Africa Regions).
She had also served as Chief Executive of Stanbic IBTC Holdings PLC between 2012 to 2017.