Sterling Bank appoints Laoye Jaiyeola, Chinedu Ikwudinma as independent directors
Sterling Financial Holdings Company Plc has announced the appointment of Laoye Jaiyeola and Chinedu Ikwudinma as Independent Non-Executive Directors of Sterling Bank Limited. The post Sterling Bank appoints Laoye Jaiyeola, Chinedu Ikwudinma as independent directors appeared first on Nairametrics .
Sterling Bank has appointed Laoye Jaiyeola and Chinedu Ikwudinma as independent non-executive directors, with their appointments approved by the Central Bank of Nigeria. Jaiyeola, a former Managing Director and CEO of Quest Merchant Bank, brings extensive experience in financial services, corporate governance, and public policy.
Ikwudinma, with over 30 years in international banking, has held various roles in risk management and corporate banking across African and global markets. Both directors joined the board in August 2026, following the retirement of several other directors. Sterling Bank, which reported a pre-tax profit of N55.53 billion for the first half of 2026, secured shareholder approval to raise up to $400 million in fresh capital to bolster its balance sheet and support business expansion.
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