The board of directors of Stanbic IBTC Holdings Plc has announced the appointment of Mrs Ndidi Nwuneli as an Independent Non-Executive Director, following the receipt of all required regulatory approvals.

The Group also announced the retirement of Ms Ngozi Edozien as an Independent Non-Executive Director on the Board of the Company with effect from, 24 March 2023.

This was contained in the Group’s notice to the Nigerian Exchange Limited (NGX).

The retirement is following the completion of regulatory prescribed tenure in compliance with the Central Bank of Nigeria’s (CBN) circular dated 24 February 2023.

Nwuneli is an expert in social innovation, agriculture, nutrition, and youth development.

She has over 25 years of international development experience and is a recognized serial entrepreneur, author, public speaker, and consultant.

She was the pioneer Executive Director of the FATE Foundation, supporting young entrepreneurs to start and scale their businesses.

In 2002, she established LEAP Africa to inspire, empower, and equip a new cadre of principled, disciplined, and dynamic young leaders in Africa.

Nwuneli holds a Master of Business Administration (MBA) from the Harvard Business School as well as an undergraduate degree in Economics with honours from the Wharton School of the University of Pennsylvania.

She was a Senior Fellow at the Mossavar-Rahmani Center for Business & Government at the Harvard Kennedy School and an Aspen Institute New Voices Fellow.