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Stanbic IBTC appoints Prof. Fabian Ajogwu (SAN) Independent Non-executive Director


The board of directors of Stanbic IBTC Holdings Plc has approved the appointment of Professor Fabian Ajogwu, SAN as an independent non-executive director of the company with effect from July 03, 2017, following the receipt of all required regulatory approvals.

In a statement signed by Chidi Okezie, the company secretary, that was released on the Nigerian Stock Exchange on Tuesday said that the Board is confident that the appointment of Ajogwu will be instrumental in driving the group’s growth strategy.

Ajogwu has been lead counsel to the Federal Government of Nigeria in several cases on aviation, defence, energy, and financial services. He has served as honorary counsel to the State of Israel, Venezuela and the Republic of South Africa in Nigeria.

Ajogwu was a member of the team that drafted the 2003 Securities and Exchange Commission Code of Corporate Governance. He also chaired the Nigerian Communications Commission Committee (NCC) on Corporate Governance that produced the 2014 NCC Code of Corporate Governance for the Telecommunication Sector.

He is a Fellow of the Society for Corporate Governance Nigeria, Fellow of the Chartered Institute of Arbitrators Nigeria, and a Fellow of the African Leadership Initiative West Africa, Henry Crown.

He is also a member of the International Bar Association, the International Council for Commercial Arbitration as well as the London Court of International Arbitration.