Sterling Financial Holdings Company Plc has announced the appointment of Olubisi Makoju as an Independent Non-Executive Director of the holding company, while Olayinka Oni was appointed a Non-Executive Director of Sterling Bank Limited.
In a regulatory filing signed by the company’s secretary, Sunny Kanabe, on Friday, the company said the appointments were intended to strengthen the leadership of both entities.
The appointments of the two directors followed regulatory approval by the Central Bank of Nigeria (CBN), the financial institution stated.
“We wish to notify Nigerian Exchange Limited, our esteemed shareholders, and the investing public of the appointment of new Directors to the Boards of Sterling Financial Holdings Company Plc (Holdco) and Sterling Bank Ltd (the Bank). The Central Bank of Nigeria has approved the appointments,” the holding company said.
Profiles
According to the company, Ms Makoju is a finance executive with more than 25 years of experience across the oil and gas, consulting, information technology and financial services sectors.
Her expertise covers financial management, corporate strategy, operational leadership and organisational transformation.
She currently serves as the Chief Financial Officer of Smart Grid Development Limited and is the founder of Earthwise Capital Limited.
Before assuming her current role, she was the executive director and chief operating officer of the Nigeria Sovereign Investment Authority (NSIA), where she led strategic and corporate initiatives and managed multifunctional teams.
Ms Makoju holds a degree in accounting from Obafemi Awolowo University and a Master of Business Administration from the University of Warwick.
She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an Associate of the Chartered Institute of Management Accountants (CIMA), UK.
Olayinka Oni
In the announcement, the Group also appointed Mr Oni as a Non-Executive Director of its banking subsidiary, Sterling Bank Limited.
Mr Oni currently serves as an Executive Director at Sterling Financial Holdings Company Plc.
Before joining the board of the holding company, he was the Chief Digital Officer of Sterling Bank, where he led the bank’s digital strategy.
Before joining the Sterling Group, he served as Chief Technology Officer at Microsoft Nigeria, overseeing technology strategy and stakeholder engagement.
He also previously held the position of Chief Information Officer/General Manager, IT and Operations, at Wema Bank Plc and was an experienced manager at Accenture’s Nigerian practice.
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Mr Oni is a graduate of Agricultural Economics from the University of Ilorin and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria.
He also holds a master’s degree in management from McGill University, Canada.
The company added that his expertise spans solutions engineering, programme management, enterprise architecture and IT governance, and that he has completed executive education programmes in business strategy and financial acumen.
His expertise includes digital transformation and general management at institutions such as Harvard University, Saïd Business School, the University of Oxford, INSEAD, and the Massachusetts Institute of Technology (MIT).
