Stanbic IBTC, a financial service holding company in Nigeria, has appointed Yinka Sanni as its new Chief Executive Officer, effective January 19.

The appointment follows the resignation of Sola David – Borha as CEO of Stanbic IBTC, to take up a new role as CEO (Rest of Africa) at the Standard Bank Group in South Africa.

Prior to his new appointment, Sanni, was CEO of Stanbic IBTC Bank.

He brings with him over 26 years’ experience in financial services covering Banking, Pension and Asset Management. 

Sanni holds an MBA from the Obafemi Awolowo University Ile-Ife, having also undertaken the Harvard Business School, Boston’s Advanced Management Programme. 

He is a graduate of the University of Nigeria, Nsukka; with Bachelors in Agricultural Economics. 

Sanni is also a Fellow of the Chartered Institute of Stockbrokers of Nigeria.

In addition, Demola Sogunle, currently Deputy CEO of the Bank, has assumed the role of CEO of the Bank, effective January 25.