Stanbic IBTC Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Demola Sogunle

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.8yrs
CEO ownership	0.04%
Management average tenure	5.6yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO

Demola Sogunle (58 yo)

3.8yrs

Tenure

Dr. Demola Sogunle, B.Sc, M.Sc, Ph D., MBA, has been the Chief Executive and Managing Director at Stanbic IBTC Holdings Plc and also serves as its Director since 2020. He had been Chief Executive of Stanbi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Demola Sogunle	MD, Chief Executive & Director	no data	no data	0.038% NGN 259.3m
Adekunle Adedeji	CFO & Executive Director	6yrs	no data	0.00090% NGN 6.1m
Remilekun Ishola	Head of Investor Relations	no data	no data	no data
Bridget Oyefeso-Odusami	Head of Marketing & Communications	5.3yrs	no data	no data
Ezinne Anosike	Head of People & Culture	no data	no data	no data
Mfon Enefiok Akpan	Chief Risk Officer - Stanbic IBTC Bank PLC	8.3yrs	no data	no data
Oluwatosin Odutayo	Head of Wholesale Clients Finance & Value Management	no data	no data	no data
Taiwo Ala	Head of Internal Controls - Stanbic IBTC Bank PLC	no data	no data	no data
Omolola Fashesin	Head of Risk & Capital Management	5.3yrs	no data	no data
Dolu Olugbenjo	Head of Diversified Lending & Leverage Finance	no data	no data	no data
Adewale Aina	Head of Resourcing & Employee Engagement	no data	no data	no data
Adebanjo Otukomaya	Head of Lagos Mainland Zone Personal & Business Banking	no data	no data	no data

5.6yrs

Average Tenure

Experienced Management: STANBIC's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Demola Sogunle	MD, Chief Executive & Director	3.8yrs	no data	0.038% NGN 259.3m
Adekunle Adedeji	CFO & Executive Director	5.2yrs	no data	0.00090% NGN 6.1m
Basil Omiyi	Chairman of the Board	9.1yrs	no data	no data
Ifeoma Esiri	Non-Executive Director	11.4yrs	no data	0.31% NGN 2.1b
Olusola David-Borha	Non-Executive Director	3.7yrs	no data	0% NGN 0
Fabian Ajogwu	Non-Executive Director	6.8yrs	no data	no data
Ndidi Nwuneli	Independent Non Executive Director	1.1yrs	no data	no data
Babs Omotowa	Independent Non-Executive Director	1.8yrs	no data	no data
Ballama Manu	Non-Executive Director	9.1yrs	no data	0.0040% NGN 27.3m
Salamatu Suleiman	Independent Non-Executive Director	7.8yrs	no data	no data
Nkemdilim Begho	Non-Executive Director	4.4yrs	no data	no data

5.2yrs

Average Tenure

63yo

Average Age

Experienced Board: STANBIC's board of directors are considered experienced (5.2 years average tenure).

Stanbic IBTC Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Coca-Cola Hbc AG Announces the Appointment of Olusola (Sola) David-Borha as A Non-Executive Director of Stanbic Ibtc Holdings plc

Recent updates

Upcoming dividend of ₦2.20 per share

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings released: EPS: ₦10.62 (vs ₦6.03 in FY 2022)

Price target increased by 7.4% to ₦60.46

Third quarter 2023 earnings released: EPS: ₦3.13 (vs ₦2.46 in 3Q 2022)

Investor sentiment improves as stock rises 17%

Consensus EPS estimates increase by 31%

Upcoming dividend of ₦1.50 per share at 5.2% yield

Consensus EPS estimates increase by 19%

Price target increased by 18% to ₦54.57

Second quarter 2023 earnings released: EPS: ₦2.96 (vs ₦0.53 in 2Q 2022)

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 16%

Upcoming dividend of ₦2.00 per share at 9.3% yield

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment improves as stock rises 21%

Price target increased by 8.2% to ₦45.37

Full year 2022 earnings released: EPS: ₦6.05 (vs ₦4.20 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ₦2.46 (vs ₦1.29 in 3Q 2021)

Consensus revenue estimates increase by 25%

Upcoming dividend of ₦1.50 per share

Second quarter 2022 earnings released: EPS: ₦1.15 (vs ₦0.91 in 2Q 2021)

Price target decreased to ₦41.93

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Upcoming dividend of ₦2.00 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 15%

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: EPS ₦1.29 (vs ₦1.57 in 3Q 2020)

Second quarter 2021 earnings released: EPS ₦1.16 (vs ₦1.76 in 2Q 2020)

Less than half of directors are independent

Upcoming dividend of ₦3.60 per share

Full year 2020 earnings released: EPS ₦7.29 (vs ₦6.92 in FY 2019)

Investor sentiment improved over the past week

Price target increased to ₦51.14

New 90-day low: ₦38.90

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS ₦7.29 (vs ₦6.92 in FY 2019)

Third quarter earnings released

New 90-day high: ₦45.60

Price target raised to ₦45.90

New 90-day high: ₦44.50

Coca-Cola Hbc AG Announces the Appointment of Olusola (Sola) David-Borha as A Non-Executive Director of Stanbic Ibtc Holdings plc

New 90-day high - ₦40.00

Upcoming Dividend of ₦0.40 Per Share

Analysts increase revenue estimates to ₦207.7b

First half earnings released

New 90-day high - ₦36.05

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age