Stanbic IBTC Re-Elects Babs Omotowa, Ndidi Nwuneli, Fabian Ajogwu; Appoints Maryam Aliko Mohammed to Board

At its 13th Annual General Meeting held on May 15, 2025, Stanbic IBTC Holdings PLC announced key board decisions that underscore its focus on leadership continuity and governance excellence. Shareholders approved the re-election of three directors—Dr. Babs Omotowa, Mrs. Ndidi Nwuneli, MFR, and Prof. Fabian Ajogwu, OFR, SAN—who retired by rotation in line with statutory provisions.

The AGM, held at EKO Hotel & Suites in Lagos, also marked the official appointment of Mrs. Maryam Aliko Mohammed as a director of the company, following the receipt of all requisite regulatory approvals. Her election adds fresh perspective to the board, complementing the deep industry expertise of existing members.

The re-election of Omotowa, Nwuneli, and Ajogwu reflects shareholder confidence in their contributions to Stanbic IBTC’s governance and strategic direction. Together with the newly appointed Mohammed, the board is well-positioned to navigate the evolving financial landscape while driving growth and value creation.

These developments were part of a broader set of resolutions passed at the AGM, including dividend declarations, auditor appointments, and approvals on related party transactions.