Sterling Bank Promotes 566 Staff, Appoints new CIO 



Sterling Bank has continued to demonstrate its commitment to rewarding excellence, hard work and dedication, as it last week, announced the promotion of 566 staff. In a statement, the Bank’s Chief Executive/Managing Director, Yemi Adeola said that the promotion was implemented across junior, middle and senior management levels, using a transparent and robust performance management system in line with global best practices. Prominent among the staff of the bank that were promoted, was Mr. Emmanuel Emefienim, who was elevated to the position of General Manager. Until his promotion, Emefienim was a Deputy General Manager of the Bank. He currently oversees the Bank’s business in the South-South and South-East regions of the country. The Bank’s MD/CEO, noted that Emefienim’s promotion was based on his solid and consistent contributions towards the growth and success of the Bank over the years.

Also, the bank announced the appointment of Mr. Olayinka Oni as its new Chief Information Officer (CIO). Oni joined the Bank from Microsoft Inc. where he served as the Chief Technology Officer of the Nigerian Unit. Speaking on Oni’s appointment, Mr. Adeola expressed his optimism that the new CIO would deliver on the Bank’s commitment to leverage technology effectively in fulfilling its “One Customer” promise.

Oni’s professional career spans over 20 years, with stints in consulting, as an Experienced Manager in Accenture, and also in the banking industry where he has held senior management roles in IT, in various capacities at First City Monument Bank Plc (FCMB) and Wema Bank Plc. Mr. Olayinka Oni is a graduate of Agriculture Economics from the University of Ilorin, an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (HCIB), a Certified IT Business Manager, a Certified Disaster Recovery Professional, a Chartered IT Professional (CITP) and a Fellow of the Chartered Institute of IT (FBSC). He also holds a certificate in the Governance of Enterprise IT (CGEIT).

Sterling Bank Plc, “the one-customer bank”, is a full-service national commercial bank with an asset base above N800 billion with over 190 business offices and more than 800 ATMs nationwide. In over 55 years of service, Sterling Bank (formerly NAL Bank) has evolved from the nation’s pre-eminent investment banking institution to a fully-fledged commercial bank. Furthermore, with a strong national presence, Sterling Bank is one of the top 30 most capitalised institutions on the Nigerian Stock Exchange. The bank is also one of Nigeria’s fastest growing banks and is recognised as a dynamic financial services organisation.