Sterling Bank appoints new chairman

Date:

December 31, 2023.

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Azonuchechi Chukwu.

Sterling Bank Limited has announced a strategic change on its Board of Directors, with Olatunji Mayaki as the new Chairman effective January 1, 2024.

The move followed the resignation of the erstwhile chairman of the firm, Asue Ighodalo, effective from today (Sunday).

A statement released by the Company Secretary, Temitayo Adegoke, read, “The resignation of our erstwhile chairman is in line with the best corporate governance practices as Ighodalo has offered himself for public service.

“Mayaki takes on the leadership of the board to continue the progressive growth and lead the bank onto even greater success.”

Mayaki had served as a non-executive director with a background which spans the practice of law with the firm formerly known as Ajumogobia, Okeke, Aluko and Oyebode.

“He further served as the pioneer Vice President, Legal and Compliance, of ARM Limited; Country Head of Legal and Group Company Secretary for all Shell Petroleum companies in Nigeria, and Deputy Managing Director of Addax Petroleum Nigeria.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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