Stanbic IBTC Holdings has announced the appointment of Chukwuma Nwokocha, also known as Chuma Nwokocha, as its substantive Group Chief Executive, with the appointment taking effect on 2 October 2025. The announcement, made in a filing with the Nigerian Exchange Group, ends an acting leadership arrangement that had been in place under Dr. Kunle Adedeji, who now returns to his substantive role as Executive Director and Chief Finance and Value Management Officer within the group. Nwokocha brings over three decades of banking experience across Africa to the position, including prior service as Chief Executive Officer of Standard Bank Mozambique.
Nwokocha's professional background spans multiple African markets and functions within the Standard Bank Group, the South African banking conglomerate that is the majority shareholder in Stanbic IBTC Holdings. He is a chartered accountant by professional qualification.
THE GROUP
Stanbic IBTC Holdings' operations span banking, insurance, pension fund administration, asset management, and stockbroking.