Atedo Peterside, chairman of Stanbic IBTC Holdings Plc, has resigned from the board of the company.
His resignation takes effect from March 31.
In an email to directors of the company titled ‘moving on’, Peterside said “having served as the Chief Executive Officer of IBTC from inception in 1989 and all the way up until the merger that created Stanbic IBTC Bank Plc in 2007 and as Chairman thereafter, I believe this is the ideal time for me to resign from the Board and move on.”
Stating that he is a stickler for due process, Peterside said from April 2017, he will not be available to discuss the Nigerian operations unless required to do so by the parent board.
” In business terms in Nigeria, I would like to be able to concentrate largely on ANAP Business Jets Limited, which I founded a couple of years ago and where I am Chairman,” he said.
Peterside Resigns from Stanbic IBTC Board
Comms Week22 Mar 20170 Comments
Atedo Peterside, chairman of Stanbic IBTC Holdings Plc, has resigned from the board of the company. His resignation takes effect from March 31. In an email to directors of the company titled ‘moving…
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