Jan 12 (Lagos) - Lagos, 11 January 2018 - Sterling Bank Plc (
STERLNBANK ) , today announces that its founding Director and long-serving Chief Executive Officer (CEO), Yemi Adeola has notified the Board of Directors of his desire to retire with effect from 1 April 2018 after over 14 years of service on the Board.
He will be succeeded by Abubakar Suleiman (Abu), currently Executive Director, Finance & Strategy, a role Abu has served in since May 2012.
Yemi’s banking career started in the then Nigeria International Bank Ltd now Citibank Nigeria Ltd in 1988 where he served in various capacities and rose to the position of Executive Director in 1998, one of the youngest officers and indeed one of the first Nigerian nationals to be appointed in that capacity with the Citigroup Inc’s Nigeria unit between February 1998 and May 2003.
4In July 2003, Yemi became the Deputy Managing Director 'DMD' of our legacy component, Trust Bank of Africa Limited. He was instrumental to the formation of Sterling Bank in 2006, served as Integration Director in the immediate post-merger phase and up until 2007 as Executive Director covering Commercial & Institutional Banking and later Corporate Banking prior to becoming CEO.
reporting for easykobo.com on Jan 12 2018 from Lagos, Nigeria