CHAIRMAN OF STANBIC IBTC BANK RESIGNS

0

 

On Tuesday, 21st March 2017, Mr. Atedo Peterside, Chairman of Stanbic IBTC Bank, sent a letter to the board stating that he would be resigning. His resignation takes effect from 31st March 2017.

“I believe this is the ideal time for me to resign from the board of Stanbic IBTC Holdings Plc with effect from the close of business on March 31, 2017, and to move on. We have a strong tradition of careful succession planning at both Stanbic IBTC and the Standard Bank Group.

“I look forward to a new chapter where my interactions with Stanbic IBTC will be exclusively from the outside and/or from Johannesburg, that is, looking in from the outside like every other parent company non-executive does when looking at all the group subsidiary operations across the Africa regions,” Mr. Atedo Peterside said in the letter.

However, Mr. Peterside served as the Chief Executive Officer of the bank from inception in 1989 and later as Chairman after the merger that created Stanbic IBTC Bank Plc in 2007.

You can share this

Facebook Comments

Previous articleNigeria Ports Will Be Corruption Free – Hadiza
Next articleNIGERIA NOW OPERATES A 48-HOUR VISA ON ARRIVAL SYSTEM
We help you make sense of an increasingly complex information world with a wide range of perspectives and stories that will allow you take an informed decision. We are proud of our African heritage and keep our eyes on the world. As online media, we see digitalization as the foremost opportunity to reach new readers, customers, and African emerging markets. We are independent in our approach. Our philosophy is grounded in the principles of a free society, which Africa is coming to terms with yet not losing the essence of what makes us African, which is our culture. ….showcasing the best part of us! www.etimes.com.ng ======================== info@etimes.com.ng ======================== etimes.nigeria@gmail.com Phone: +234 802 893 1940
SHARE