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Stanbic IBTC Announces New Board Appointments Across the Group
Stanbic IBTC Announces New Board Appointments Across the Group
Following the receipt of all required regulatory approvals, Stanbic IBTC Holdings PLC (Stanbic IBTC), a member of Standard Bank Group, has announced the appointment of new directors across the Group.
Underscoring the well-established succession planning policy of the organisation and reinforcing its position as a market leader across the financial services sector, these appointments were in line with Stanbic IBTC’s tradition of rewarding excellence, performance, and dedication.
The financial holding company has therefore appointed Mr Babs Omotowa as an Independent Non-Executive Director on its Board, while Olu Delano was appointed as an Executive Director of Stanbic IBTC Bank PLC.
Furthermore, Stanley Jacob was appointed as Chief Executive of Stanbic IBTC’s proposed fintech subsidiary, Stanbic IBTC Financial Services Limited. Adenike Odukomaiya and Okechukwu Nwoke would also serve as Non-Executive Directors on the Board of the Company.
Other subsidiary appointments include Brian Marshal and Tosin Leye-Odeyemi as Non-Executive Directors of Stanbic IBTC Capital Limited and Stanbic IBTC Trustees Limited, respectively, while Charles Onwude and Dele Sotubo became Non-Executive Directors of Stanbic IBTC Ventures Limited. Charles Onwude was also appointed to serve as a Non-Executive Director of Stanbic IBTC Stockbrokers Limited.
Dr Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, expressed his excitement about the appointments. He said the new appointees possessed the qualifications and experience required to deliver results in their new positions, having demonstrated the capacity to deliver on the Group’s strategy to remain the leading end-to-end financial services organisation.
According to Dr Demola, “We have a strong tradition of careful succession planning and a good track record of seamless transitions at different levels. With these appointments, we intend to strengthen our capabilities for better customer service delivery. At Stanbic IBTC, we are committed to growing our people because no organisation can progress without placing a high premium on its human capital and investing in the growth trajectory of its staff.”
While charging the newly appointed directors to continue to drive performance over and beyond the expected, Dr Demola said, “I am confident that the expertise and experience of the new appointees will positively impact the Group and further accelerate the achievement of our business goals and objectives.”
He further urged them to contribute their quota to the organisation’s development as they discharge their duties in the new role.
Dr Demola pledged that the organisation would continue to uphold the culture of elevating its employees to take up higher responsibilities. He added that Stanbic IBTC would unceasingly invest in training and retraining its staff to ensure a professionally driven workforce that would deliver optimal customer value with a pool of requisite skills, competencies and capabilities.
FirstBank Introduces Exclusive 500-Seater Bleacher at Carnival Calabar & Festival 2025
Lagos, 26 December 2025 – FirstBank, West Africa’s premier financial institution and financial inclusion services provider, has officially announced its sponsorship of the Carnival Calabar & Festival 2025, unveiling a landmark addition set to redefine the carnival experience — the first-ever private premium seating area at the event.
The highlight of FirstBank’s participation is the construction of a 500-seater premium bleacher, designed to provide comfort, safety, and an elevated viewing experience for carnival enthusiasts.
Speaking on the sponsorship, the Acting Group Head Marketing and Corporate Communications, FirstBank, Olayinka Ijabiyi, noted that the carnival aligns with the Bank’s First@Arts initiative, a platform dedicated to supporting the creative arts value chain across Nigeria. He said, “We recognise the transformative power of the arts, including carnivals, in inspiring people and strengthening national unity. For more than 131 years, we have supported platforms that promote self-expression, social reflection and cultural exchange. Our investment in the Carnival Calabar & Festival demonstrates our commitment to preserving the nation’s rich cultural heritage through First@Arts.”
“As part of our sponsorship this year, we are introducing the first-ever private 500-seater premium bleacher to further elevate the carnival experience. This exclusive seating is designed to provide exceptional comfort and an unforgettable viewing experience for attendees,” Ijabiyi added.
The Chairman of the Cross River State Carnival Calabar Commission, Gabe Onah, also commented on FirstBank’s sponsorship. “FirstBank’s involvement is a strong demonstration of private-sector support for culture and tourism. This partnership not only enhances the overall quality of the carnival but also strengthens its global appeal,” he said.
The Carnival Calabar & Festival 2025 is officially marketed by Okhma Global Limited, the appointed Official Marketer responsible for brand partnerships, promotional engagements, and ticket sales. Okhma Global Limited has partnered with the Cross River State government in delivering Carnival Calabar & Festival for over ten years, playing a key role in strengthening the carnival’s commercial growth and global visibility.
Alpha Morgan Bank Backs Cultural Preservation at the 2025 Iganmode Festival
Alpha Morgan Bank has reaffirmed its commitment to cultural preservation and community development as one of the major sponsors of the recently concluded Iganmode Cultural Festival (Odun Omo Iganmode) held in Sango-Ota, Ogun State.
The annual festival, a landmark cultural celebration in the ancient town of Ota, showcased the rich heritage, history, and identity of the Awori people. The event came alive with vibrant displays of traditional music, dance, colourful regalia, and performances that reflected the deep-rooted customs and values of the community.
Alpha Morgan Bank’s sponsorship followed closely on the heels of the recent launch of its Sango-Ota branch, further underscoring the Bank’s dedication to supporting local initiatives, promoting indigenous culture, and fostering sustainable community development in Ota and its environs.
The ceremony attracted an impressive array of dignitaries, including former President of Nigeria, His Excellency Chief Olusegun Obasanjo; Deputy Governor of Ogun State, Engr. (Mrs.) Noimot Salako-Oyedele; and the Olota of Ota, His Majesty, Prof. Adeyemi Obalanlege, alongside several other traditional rulers and members of royal households from across the state. Their presence highlighted the cultural and historical significance of the festival to Ogun State and the wider Yoruba nation.
Alpha Morgan Bank’s participation as a major sponsor reflects its broader corporate vision of strengthening community values and supporting initiatives that promote Nigeria’s rich cultural heritage. The Bank joined thousands of attendees in celebrating a festival that continues to serve as a symbol of unity, pride, and cultural continuity for the people of Ota.
The 2025 edition of the Iganmode Festival was widely acclaimed as a success, leaving guests and participants with lasting impressions of a colourful, well-coordinated celebration that honoured tradition while fostering communal harmony.
*12 Days of Christmas with 5 for 5 Rewards: Celebrating the Season the Wema Way*
December is a season built on gratitude, reflection, and giving. It is a time when small gestures carry deeper meaning and everyday moments turn into shared joy. At Wema Bank, this spirit of the season has inspired the launch of 12 Days of Christmas with 5 for 5 Rewards, a festive campaign created to celebrate customers who continue to make the Bank part of their daily lives.
Running from December 14 to December 25, 2025, the campaign is designed to reward simple, everyday banking while spreading cheer across homes and communities. For twelve days, 33 customers will be rewarded daily with five thousand naira each when they fund their accounts with five thousand naira.
The idea behind the campaign is simple in action but thoughtful in intent. It recognises that during the festive period, every extra support counts. Whether it is preparing for family gatherings, running errands, or planning end-of-year activities, Wema Bank is turning routine transactions into moments of delight.
To take part in the 12 Days of Christmas with 5 for 5 Rewards, customers only need to fund their accounts with five thousand naira through any of the following channels:
ALAT app
*945#
Debit cards
Once the account is funded with five thousand naira, they get an additional five thousand naira as a reward.
Beyond the rewards, the 12 Days of Christmas with 5 for 5 Rewards reflects Wema Bank’s broader commitment to customer-centric banking. It reinforces the Bank’s focus on creating experiences that go beyond transactions, especially during moments that matter most to customers.
As the year draws to a close, Wema Bank is inviting customers to enjoy the festive season knowing that their loyalty is valued and celebrated. With every transaction, the Bank continues to find new ways to connect, appreciate, and give back during a season defined by generosity.
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