Browsing: Stanbic IBTC

The scholarship scheme was targeted at successful candidates in the University Tertiary Matriculation Examinations (UTME) conducted by the Joint Admissions and Matriculation Board (JAMB). The scholarship award, worth N34.8 million, was granted  to 87 successful beneficiaries who participated in the 2019 and the 2020 UTME drawn from the 36 states of the federation and the Federal Capital Territory (FCT), and included physically challenged candidates.

Dr Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, commented at the report’s release, “the Sustainability Report has highlighted our shared values in 2020, and  is expected to help our key stakeholders better appreciate our long-term priorities  to ensure financial, social, and environmental sustainability in our business operations. Our sustainability ambition is to become the leading financial institution driving sustainable finance solutions in Nigeria, and we have defined a sustainability strategy that is anchored on four pillars to achieve this.”

These included the promotions of Wunmi Ehis-Uzenabor as Executive Director, Operations, Stanbic IBTC Asset Management; Busola Jejelowo as Executive Director, Investments, Stanbic IBTC Asset Management; Emi Agaba-Oloja, Executive Director, Stanbic IBTC Trustees; and Sakeenat Bakare, Executive Director, Business Development, Stanbic IBTC Insurance.

Fitch Ratings is a leading provider of credit ratings, commentary and research for global markets. The National Long-Term ‘AAA (nga)’ and National Short-Term ‘F1+(nga)’ Ratings are the highest possible ratings on Fitch’s rating scale.

The statement said: “The attention of the management of Stanbic IBTC Bank PLC has been drawn to news currently circulating in the media, about the alleged arraignment of staff of the Bank on charges bordering on the theft of customers deposits.