Barend Kruger (Chairman)

Barend Kruger completed his schooling at Heidelberg Hoër Volkskool, and obtained a Bachelor of Commerce (Honors) degree from the University of Pretoria.

He served his articles at Peat Marwick Mitchel & Co (KPMG), qualifying as a Chartered Accountant and completed the Advanced Programme in Management at Harvard Business School.

Barend joined Standard Corporate and Merchant bank in 1985, and having fulfilled various leadership roles in Corporate and Investment Banking, was appointed as Chief Executive in 2001.

In March 2013, Barend was appointed as Co-Chief Executive Officer of the Standard Bank Group Limited. Barend currently serves as a Non-Executive Director of ICBC Standard Bank Plc and Stanbic IBTC Holdings Plc Board.

On the 31st December 2018, Barend retired from the Boards of Standard Bank of South Africa Limited, The Standard Bank Group Limited and Stanbic Bank Africa Holdings Limited.

On the 1st of June 2018, Ben was appointed to the JSE Board.

He is a member of the Institute of Chartered Accountants of South Africa and the Institute of Directors. Ben also served on the Board of The International Institute of Finance.

Yinka Sanni

Yinka Sanni: Non-Executive Director
Appointed 2016

Yinka Sanni serves as Chief Executive of Stanbic IBTC Holdings and previously served as the Chief Executive at Stanbic IBTC Bank and IBTC Pension Managers Limited (IBTC Pensions). He has extensive experience in credit and marketing, corporate finance, asset management and stockbroking and has been involved in a number of landmark capital market transactions.

He is also a Fellow of the Chartered Institute of Stockbrokers of Nigeria.

Yinka has a B.Agric. (Hons.), Agricultural Economics from the University of Nigeria, Nsukka; an MBA from the Obafemi Awolowo University and has gone through the Harvard Business School's Advanced Management Programme.

Demola Sogunle (Chief Executive)

Demola Sogunle
B.Sc, M.Sc, Ph.D., MBA
Appointed 2017

Dr. Demola Sogunle served as Deputy Chief Executive of Stanbic IBTC Bank; Chief Executive of Stanbic IBTC Pension Managers and as the Head of Treasury amongst other roles in the Stanbic IBTC group.

Demola holds a First Class Honours degree in Agricultural Science and a Ph.D. in Land Resource Evaluation and Management, both from the University of Ibadan, Nigeria. He also holds an MBA in Banking and Finance from ESUT Business School, Nigeria and a Treasury Dealership Certificate from the Chartered Institute of Bankers of Nigeria (CIBN). He is a member of the Global Association of Risk Professionals.

Wole Adeniyi (Deputy Chief Executive)

Wole Adeniyi: Deputy Chief Executive
B.Sc. (Bus.Admin)
Appointed 2012

Wole Adeniyi serves as the Deputy Chief Executive for Stanbic IBTC Bank PLC.

Wole is a First Class graduate of Business Administration from the University of Benin, Edo State. He has an MBA from the Manchester Business School of The University of Manchester UK.

He is also a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), and a Certified Information Systems Auditor (CISA).

Andrew Mashanda (Executive Director, Corporate & Transactional Banking)

Andrew Mashanda: Executive Director

BCompt, PGD

Appointed 2017


Andrew Mashanda currently serves as an Executive Director of Corporate and Transactional Banking and has held several Executive Management positions. He was previously the Chief Executive for Standard Bank Malawi for four (4) years prior to his secondment in Nigeria.

Prior to joining the Standard Bank Group, Andrew held several executive management positions in the banking, mining and media industries in South Africa. Andrew has lived and worked in five (5) African countries.
Andrew holds a Baccalaureus Computationis in Accounting Science from the University of South Africa, and a PGD in Global Management at University of Salford, United Kingdom.

Bunmi Dayo-Olagunju (Executive Director, Operations)

Mrs. Dayo-Olagunju joined Investment Banking & Trust Company Limited (now Stanbic IBTC Bank PLC) in 2000 and has over 20 years of working experience which cuts across Banking, Stockbroking, Asset Management and Pension Fund Management. She is currently the Executive Director, Operations of the Bank.

Preceding her appointment as the Executive Director, Operations, Mrs. Dayo-Olagunju served as the Chief Executive, Stanbic IBTC Asset Management Ltd. Prior to this, she worked as Executive Director, Operations, Stanbic IBTC Asset management Ltd., Head, Benefit Management and Client Services, Stanbic IBTC Pension Managers Ltd., Head, Business Operations Division, Stanbic IBTC Pension Managers Ltd., Head, Fund Administration, Stanbic IBTC Pension Managers Ltd. She also worked as Chief Operating Officer, Stanbic IBTC Asset Management Ltd., Group Head, Budgets, Budgetary Controls & Planning, IBTC Chartered Bank Plc., Group Financial Controller, Investment Banking & Trust Company Plc (“IBTC”), as well as Financial Control Officer, Investment Banking & Trust Company Plc (“IBTC”).

With about 20 years post-graduate experience, Mrs. Dayo-Olagunju holds a Bachelor of Science Degree in Accounting from the University of Lagos (1998) and she is a Fellow of the Institute of Chartered Accountants of Nigeria

Zweli Manyathi (Non - Executive Director)

Zweli Manyathi: Non-Executive Director
BCom (Hons)
Appointed 2014

Zweli Manyathi is currently the CEO, Personal & Business Banking, Africa Regions at Standard Bank Group. A position he has held since August 2013.

Zweli holds a Bachelor of Commerce (Financial Management) from the University of South Africa. He also holds a Professional Development Programme certificate from City University of New York as well as Senior Executive Programme, Wits and Harvard Business Schools.

He has experience in different roles at the First National Bank and Barclays Africa.

Miannaya Essien SAN (Independent Non - Executive Director)

Independent Non-Executive Director


Appointed 2017


Mrs. Miannaya is a Senior Advocate of Nigeria and the Managing Partner of Principles Law Partnership. She is a Notary Public of the Federal Republic of Nigeria; Chartered Arbitrator and Fellow of the Chartered Institute of Arbitrators (UK); Registered Capital Market Consultant with the Securities and Exchange Commission. Mrs. Miannaya Essien SAN lectures at the Nigerian Law School, Abuja, Nigeria where she is a member of the adjunct faculty and is also an approved tutor of the Chartered Institute of Arbitrators.

Rabi Isma - (Independent Non - Executive Director)

Ms. Isma holds a Master of Science (M.Sc.) Degree in International Development from the University of Birmingham, United Kingdom; PD Certificate in Peace Studies and Conflict Resolution from Chulalongkorn University, Bangkok Thailand; Master of Science (M.Sc.) Economics, Management of Information Services, University of Wales, Aberystwyth; Master of International Affairs and Diplomacy (MIAD), Ahmadu Bello University, Zaria; Post Graduate Diploma in Management (PGDM), Ahmadu Bello University, Zaria; Bachelor of Science (B.Sc.) in Computer Science and Economics, Obafemi Awolowo University, Ile-Ife. Ms. Isma has also attended several executive programmes including General Management Program (GMP21) at Harvard and Advanced Human Resources Executive Program at the Michigan Ross Business School, Michigan USA.

Ms. Rabi Isma was Director, Leadership and Organisation Development at 9 Mobile (Former Etisalat Nigeria), where she was responsible for interventions that further the development of talent, and for the design, implementation and monitoring of learning and development and performance management strategies.

Prior to joining Etisalat, she was a Special Adviser to the Executive Governor of Kano State (2011-2013), member of the State’s Steering Committee for Policy Framework for Investment, and the State’s Governance Technical Reform Advisory Committee. She worked with British Council for several years as Centre Services Manager, Director Support Services and Director Marketing (Nigeria). Ms. Isma started her career as an Assistant Banking Officer at Guaranty Trust Bank PLC in 1996 and had risen to the cadre of Assistant Manager in 2002 when she left the Bank.

Simon Ridley (Non-Executive Director)

Mr. Ridley only recently retired from Standard Bank Group, where he served as Group Financial Director. In this capacity, he was a member, respectively of the Standard Bank Group Executive Committee, Group Risk Oversight Committee, CIB and PBB Credit Committees; Chairman, Group Capital Management Committee as well as Group Asset & Liability Committee. He was responsible for financial controls, mergers and acquisitions, and treasury and capital management.

Mr. Ridley also served on the Boards of Standard Bank Group Limited; Standard Bank of South Africa Limited; Stanbic Africa Holdings Limited; Standard Bank London Holdings Limited; Standard Advisory London Limited; Standard Bank Tutuwa Foundation NPC.

Mr. Ridley holds a Bachelor of Commerce (B.Comm) as well as Diploma in Accounting (Dip.Acc.) from the University of Natal, South Africa. He is a Chartered Accountant and had also attended the Advanced Management Programme at Oxford University.


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