Sterling HoldCo appoints Oduniyi as new GMD/CEO

Sterling Financial Holdings Company Plc has announced the appointment of Yemi Odubiyi as the new Group Managing Director/Chief Executive Officer of the company.

The Holding Company also announced the appointment of Yemi Adeola as the new Chairman while Abubakar Suleiman and Shola Adekoya were appointed as Non-Executive Directors. In addition, Ms. Aisha Bashir and Mrs. Eniye Ambakederemo are to take up the role of Independent Non-Executive Directors, and Mr. Olayinka Oni as Executive Director. 

In an official statement to the Nigeria Exchange Limited (NGX), the company said the appointments were approved by the Central Bank of Nigeria (CBN).

Odubiyi started his banking career with the Nigeria unit of Citibank as an Operations & Technology Generalist serving across all its Operations and Technology functions and was thereafter enrolled in its Management Associate programme undertaking stints across all key units of the Bank. 

He left Citibank to join the turnaround team of the then Trust Bank of Africa in 2003 as Head of Operations & Technology. Upon the consolidation of Trust Bank into Sterling Bank Plc, Yemi served as the pioneer Group Head, Trade Services.

In 2008, he was mandated to build the Structured Finance Group and also assumed oversight for corporate strategy serving as Chief Strategy Officer.

The new GMD served as the Executive Director, Corporate and Investment Banking at Sterling Bank Limited from February 2015 to June 2023. He holds a bachelor’s degree in Estate Management and a master’s in international law from the University of Lagos.

He has undertaken senior public management/executive education programme in Risk Management, Finance, and General Management at leading international educational institutions including the London and Harvard Business Schools.