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Olayinka "Yinka" Omotosho Sanni is a Group Executive at Standard Bank Group, [1] headquartered in South Africa. He is formerly chief executive officer (CEO) of Africa Regions at the Standard Bank Group after occupying the same position (CEO) at Stanbic IBTC Holdings PLC .
Stanbic IBTC Holdings PLC. came alive as the result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007, then adopting a holding company structure in 2012 to comply with the revised regulatory framework advised by the Central Bank of Nigeria, requiring banks to either divest from non-core banking financial services or adopt a holdings’ company structure.
Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a Kenyan financial services organization with headquarters in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group , a financial services giant based in South Africa .
Most of the newly acquired banks were renamed Stanbic Bank, to avoid confusion with the former parent (and now competitor), Standard Chartered, which continued to operate in Africa. [8] Several more banks in Africa were acquired during the 1990s, and adopted the Stanbic name. [ 8 ]
Premium Pension Limited' (PPL) is a leading Pension Fund Administrator (PFA) in Nigeria [1] which provides a range of products and services to clients based in all 36 states of Nigeria, including the F.C.T. [2] Premium Pension Limited is licensed by the National Pension Commission in December 2005, under the new Pension Reform Act, 2004.
In 2008, he was hired by Renaissance Capital to run their African investment banking unit, based out of London, with a presence in 7 African countries. In 2012, he relocated back to Uganda to take up the position of Executive Director and Head of Corporate and Investment Banking at Stanbic Bank Uganda (SBU). [ 4 ]
Stanbic Bank (Uganda) Limited is licensed as a merchant banker, stockbroker, and financial adviser by the Capital Markets Authority, which licensed the USE in 1997. [ 11 ] [ 13 ] In 2017 the bank was awarded a bancassurance licence from the Insurance Regulatory Authority , authorizing Stanbic Bank to sell insurance products to its customers and ...
Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...