Chukwuma Nwokocha has been named the substantive Group Chief Executive of Stanbic IBTC Holdings Plc, effective October 2, 2025.
After obtaining all required regulatory approvals, the appointment ushers in a new era in the leadership of one of Nigeria’s top financial institutions.
This change follows the conclusion of Adenkule Adedeji’s term as Acting Chief Executive, during which the business conducted a formal hiring procedure to find a qualified applicant for the position.
Chukwuma Nwokocha’s portfolio
Nwokocha brings more than 30 years of experience in leadership, banking, and finance throughout Africa to his new role.
He is a chartered accountant and seasoned executive who has held several board-level and CEO positions at prestigious financial institutions.
He most notably led Standard Bank Moçambique as its CEO, where he was instrumental in promoting operational excellence, governance, and strategic growth.
He’s a good fit to guide Stanbic IBTC into its next expansion stage because of his extensive experience in corporate and retail banking, mergers and acquisitions, and strategic change.
Sola David-Borha, chairman of Stanbic IBTC Holdings Plc, conveyed the board’s optimism and confidence in Nwokocha’s appointment. She emphasized that his leadership and experience will be crucial in carrying out the Group’s long-term strategic growth agenda and praised his solid record in board governance, regulatory engagement, and financial oversight.
Reflection of Adenkule Adedeji’s leadership
Additionally, the board sincerely thanked Dr. Adenkule Adedeji for his outstanding leadership throughout the transition.
Under his leadership, Stanbic IBTC accomplished many noteworthy milestones, including its best financial performance since launch.
Thanks to Dr. Adedeji’s successful leadership of the Group’s Rights Issue Program, the banking subsidiary complied with the Central Bank of Nigeria’s recapitalization requirements well before the March 2026 deadline.
Under Nwokocha’s leadership, Stanbic IBTC Holdings is well-positioned to increase its emphasis on innovation, operational effectiveness, and regional expansion. His appointment reminds the group of its dedication to strategic execution, sound governance, and leadership continuity, to generate long-term value for stakeholders, customers, and shareholders throughout Africa.