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Asset Management
20 Feb 2024

Stanbic IBTC Bank to Hold Forum to Unlock Growth Opportunities in Health Sector

Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC Holdings PLC, has concluded plans to hold an exclusive healthcare breakfast session which will be held in Lagos on Thursday, 22 February 2024. The event aims to convene industry leaders to foster insightful dialogues and forge innovative partnerships, with the collective goal of catalysing positive transformation within Nigeria’s healthcare sector.

The primary objective of the event is to explore and discuss various opportunities and solutions that can propel the advancement of Nigeria’s healthcare landscape. Participants will have the option to attend either in person or virtually, ensuring maximum engagement and participation.

Centered around the theme “The Business of Healthcare: Challenges and Opportunities,” the session will feature a distinguished panel discussion and a keynote address by Mrs. Clare Omatseye, CEO of JNC International Limited. Professor Akin Abayomi, the Honourable Commissioner for Health, Lagos State, will be special guest of honor at the prestigious gathering.

The expert panel will comprise of prominent industry personalities that include Mrs. Fola Laoye, CEO of Iwosan Investments Limited; Mr. Charles Ogunwuyi, CEO of Sygen Pharmaceuticals Limited; Dr. Abayomi Sule, Founder and Managing Director of Tillit MSME Microservices, Nigeria; and Pham. (Mrs.) Mary Ogangwu, COO of Codix Pharma Limited.

During the session, Stanbic IBTC Bank’s tailored solutions for the healthcare sector will be spotlighted, with the aim of empowering private sector players to drive structured improvement through strategic capital injections. These initiatives are poised to enhance primary care capabilities, mitigate service delivery challenges, and modernize equipment to align with evolving demands.

In addition to addressing prevalent challenges such as import dependency and inadequate technical expertise, the session will delve into critical issues such as the proliferation of medical tourism, escalating medication costs, and the brain drain of skilled health workers. By fostering meaningful discussions, actionable solutions to tackle these pressing challenges head-on will be identified.

Wole Adeniyi, Chief Executive of Stanbic IBTC Bank, expressed his enthusiasm for the event’s potential to drive impactful change within the healthcare sector. He underscored the Bank’s commitment to facilitating innovative partnerships and financing models that can unlock the sector’s immense potential.

As a leading financial institution in Nigeria and a trusted thought leader in the healthcare domain, Stanbic IBTC Bank offers unparalleled expertise and bespoke solutions tailored to the unique needs of the healthcare sector and its value chain.

The Bank’s healthcare solutions encompass a range of robust and flexible funding options, designed to support the growth and development of healthcare businesses and providers. Moreover, the Bank has forged strategic partnerships with various health agencies, commissions, and non-profit organizations to promote accessible and high-quality healthcare initiatives nationwide.

The hybrid nature of this event presents a prime opportunity for networking and collaboration, enabling stakeholders to forge mutually beneficial relationships and explore avenues for expanding quality care delivery.

This event is tailored for healthcare business owners and providers, including hospitals, laboratories, diagnostic centers, dispensing pharmacies, as well as distributors and suppliers of medical equipment and products.