Stanbic IBTC Holdings Appoints Nwokocha As Substantive GCEO

The Board of Stanbic IBTC Holdings Plc has appointed Chukwuma Nwokocha arsenic the substantive Group main executive, with effect from October 2, 2025, pursuing the receipt of each required regulatory approvals.

Nwokocha’s assignment follows the completion of Dr Adekunle Adedeji’s tenure arsenic acting main executive, during which clip the Board undertook a ceremonial assignment process successful accordance with regulatory requirements. Adedeji volition proceed arsenic enforcement director/chief concern and worth absorption serviceman of the company.

Speaking connected the development, the institution chairman, Sola David-Borha, expressed the Board’s delight astatine Nwokocha’s appointment, highlighting “his beardown way grounds successful committee governance, fiscal oversight, strategical transformation, arsenic good arsenic regulatory engagement.”

The president besides extended the Board’s heavy appreciation to Adedeji for his exemplary enactment and dedication, and for steering the affairs of the Company and Group during the modulation period, saying that “it is worthy of notation that nether Adedeji’s leadership, the Group recorded its champion fiscal show since inception.

“The Group besides completed its rights contented programme, which ensured that its banking subsidiary met the Central Bank of Nigeria’s recapitalisation requirements up of the March 31, 2026 deadline.”

Stanbic IBTC Holdings stated, “Nwokocha is simply a seasoned banking enforcement and chartered accountant with implicit 3 decades of enactment acquisition crossed Africa. He has held respective main enforcement and Board-level roles successful starring fiscal institutions including main executive, Standard Bank, SA; (the Mozambican subsidiary of the Standard Bank Group), driving strategical growth, governance, and operational excellence. His expertise spans retail and firm banking, arsenic good arsenic mergers and acquisitions.

“The Board is assured that Nwokocha’s enactment would beryllium instrumental successful driving the maturation strategy of Stanbic IBTC Group into the future.”