Stanbic IBTC Holdings PLC has announced the resignation of Sola David - Borha as CEO of the company. Mrs. David Borha's resignation became effective on 19 January 2017. The company announced the appointment of Mr. Yinka Sanni as the new Chief Executive of Stanbic IBTC Holdings PLC with effect from 19 January 2017. Mr. Sanni, who prior to his new appointment, was Chief Executive of Stanbic IBTC Bank PLC, brings with him over 26 years' experience in financial services covering Banking, Pension and Asset Management. Dr. Demola Sogunle, the current Deputy Chief Executive of the Bank, has assumed the role of Chief Executive of the Bank effective 25 January 2017, following Mr. Sanni's elevation as Chief Executive of Stanbic IBTC Holdings PLC.