Sterling Bank Confirms Resignation, Retirement of Directors

Sterling Bank Plc has  notified Nigerian Exchange Limited about the retirement of Dr. (Mrs.) Omolara Akanji and the resignation of Mr. Emmanuel Emefienim from the Board of the bank.

In a notice at the Exchange signed by Temitayo Adegoke, Company Secretary & Chief Legal Counsel, Dr. Akanji was said to have retired as an Independent Non-Executive Director after eight years of meritorious service to the Bank while Mr. Emefienim had served on the Board as Executive Director, Institutional Banking Directorate.

“The Board and Management of Sterling Bank Plc thank both Dr. Akanji and Mr. Emefienim for their meritorious service and wish them continued success in their future endeavors,” the notice said.

Dr. (Mrs.) Omolara Akanji

Since her nomination in 2014, Dr. (Mrs.) Omolara Akanji has been on the Board of Directors at Sterling Bank Ahead of her nomination, her initial career commenced with the Central Bank of Nigeria (CBN) in 1978 as an Assistant Economist. She rose through the ranks and resigned in December 2007 as Director, Trade and Exchange Department. She served also as a Consultant to the CBN between 2008 and 2011.

She has a B.Sc. in Agricultural Economics from the University of Ibadan, an M.Sc. in Agricultural Economics from the University of Reading, a Diploma in Statistics from the University of Kent, Mathematical Institute, and a Ph.D. Finance from the European-American University, Commonwealth of Dominica.

Mr Emmanuel Emefienim

Mr. Emefienim before his nomination, has over 25 years of background in the Nigerian banking industry, having worked in various central and senior administrative roles across Operations, Treasury, and Sales.

He launched his banking career with Oceanic Bank Plc (now Ecobank Nigeria) where he rose to the role of Head, Credit & Marketing before joining United Bank for Africa Plc as manager, Commercial Banking.

Emefienim furthermore functioned in Savannah Bank Plc and FSB International Bank Plc (now Fidelity Bank Plc) for over six years before joining Equitorial Trust Bank in 2006.

Ensuring the acquisition of Equitorial Trust Bank and its merger into Sterling Bank in 2011, he assumed the role of Regional Business Executive encompassing the South-South 2 Region, a role in which he surpassed ushering to the development of his accountabilities to wrap the whole South-South & Mid-west Regions in 2017.

March 09, 2022