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Sterling Financial Holdings Company Plc has announced the appointment of new Chairman, CEO, and Non-Executive Directors.
This was disclosed in an official statement to Nigeria Exchange Limited which was obtained by Nairametrics.
The Central Bank of Nigeria approved the appointment of the following directors:
- Yemi Adeola as the new Chairman,
- Yemi Odubiyi as the new GMD/CEO,
- Abubakar Suleiman and Shola Adekoya as Non-Executive Directors,
- Ms. Aisha Bashir and Mrs Eniye Ambakederemo as Independent Non-Executive Directors
- Mr. Olayinka Oni as Executive Director.
Profile of Yemi Adeola
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Mr. Yemi Adeola has over 35 years of experience in banking, finance, law, and corporate consultancy.
He worked at PricewaterhouseCoopers as a Consultant, Legal and Corporate Advisory Services at Citibank, Nigeria where he rose to the position of Executive Director, Public Sector, and Infrastructure Banking.
Mr. Adeola was the former Managing Director/Chief Executive Officer of Sterling Bank from 2007 – 2018. He also served as the Deputy Managing Director in Trust Bank of Africa Ltd from 2003 – 2005.
He is currently the Chairman of Lennox & Blair Group and a partner at Adeyemi Adeola & Co. Commercial Arbitrators and Legal Consultants.
Mr. Adeola holds a bachelor’s degree in Law from Obafemi Awolowo University, is a fellow of the Chartered Institute of Bankers of Nigeria, Member Chartered Institute of Arbitration (CIARB) and Member, Board of Trustees, Association of Banks’ Legal Advisers and Company Secretaries (ABLACS).
He is an alumnus of Harvard Business School, Stanford Business School, the University of Oxford, and the Wharton Business School of the University of Pennsylvania. He is also a John F. Kennedy Scholar.
Profile of Yemi Odubiyi
Mr. Odubiyi started his banking career with the Nigeria unit of Citibank as an Operations & Technology Generalist serving across all its Operations and Technology functions and was thereafter enrolled in its Management Associate program undertaking stints across all key units of the Bank.
He left Citibank to join the turnaround team of the then Trust Bank of Africa in 2003 as Head of Operations & Technology. Upon the consolidation of Trust Bank into Sterling Bank Plc, Yemi served as the pioneer Group Head, Trade Services.
In 2008, he was mandated to build the Structured Finance Group and also assumed oversight for corporate strategy serving as Chief Strategy Officer.
Mr. Yemi Odubiyi served as the Executive Director, Corporate and Investment Banking at Sterling Bank Limited from February 2015 to June 2023. He holds a bachelor’s degree in Estate Management and a master’s in international law from the University of Lagos.
He has undertaken senior PUBLIC management/executive education programs in Risk Management, Finance, and General Management at leading international educational institutions including the London and Harvard Business Schools.
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The appointees are eminently qualified for both positions. I wish them a successful tenor.
Very qualified and good personalities 👍. God bless you more and guide you in your new roles. I wish them the very best
The new chairman and CEO are not only well equipped for thr job via their profile but also great minds that have raised through the bank structures.
I wish them well in this new tasks ahead of them.
They are both capable for the positions. I wish them all the best
The twoYemis Adeola and Odubiyi are adequately qualified for the position with their years of experience in banking industry. They are assets to the bank and to Nigeria. Please during your tenure extend branches of the all over viable towns in all state capital to compete favourably with your competitor.
For an example to Sterling bank at Ilesa, osun state. Pls provide one . Congratulations to you all. God will work with you. Segun Fagbulu
The twoYemis Adeola and Odubiyi are adequately qualified for the position with their years of experience in banking industry. They are assets to the bank and to Nigeria. Please during your tenure extend branches of the all over viable towns in all state capital to compete favourably with your competitor.
For an example to Sterling bank at Ilesa, osun state. Pls provide one . Congratulations to you all. God will work with you. Segun Fagbulu
Congratulations to the new Chairman, executive and non-executive directors and the new M.D/C.E.O
Congratulations to the new Chairman, Executive and Non-executive directors and the new M.D/C.E.O.
“Yemi Adeola as the new Chairman,
Yemi Odubiyi as the new GMD/CEO,
Abubakar Suleiman and Shola Adekoya as Non-Executive Directors,
Ms. Aisha Bashir and Mrs Eniye Ambakederemo as Independent Non-Executive Directors
Mr. Olayinka Oni as Executive Director.”
I will miss Abu (as a former M.D/ C.E.O)
One good appointment in accent History and better for Financial Sector in Nigeria, equally best for Sterling Financial HoldCo itself.
Wishing All the best.
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