Stanbic IBTC has announced the appointment of Mrs. Ndidi Nwuneli as the new Independent Non-Executive Director following the receipt of all required regulatory approvals.

She will replace Ms. Ngozi Edozien, who retires from the Board of the Company following the completion of her regulatory prescribed tenure in compliance with the CBN’s new circular dated February 24, 2023.

The changes were announced by the financial institution in a notice to the Nigerian Exchange Limited.

According to the bank, Nwuneli is an expert in social innovation, agriculture, nutrition, and youth development, with over 25 years of international development experience, and is a recognized serial entrepreneur, author, public speaker, and consultant.

She was the first Executive Director of the FATE Foundation, which assisted young entrepreneurs in starting and growing their businesses. She founded LEAP Africa in 2002 to inspire, empower, and equip a new generation of principled, disciplined, and dynamic young leaders in Africa. Nwuneli has a Master of Business Administration (MBA) from Harvard Business School and an undergraduate degree in Economics with honors from the University of Pennsylvania’s Wharton School.

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

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