Sterling Bank plc on Friday May 10th, 2019 appointed Mr Femi Jaiyeola as the Chief Compliance Officer to the Company. This was contained in a release of notification sent by the Bank to the the Nigerian Stock Exchange (NSE) and and investing Public as follows:
“We wish to notify The Nigerian Stock Exchange and the Investing Public of the appointment of Mr. Femi Jaiyeola as the Chief Compliance Officer of Sterling Bank Plc. The appointment has been approved by the Central Bank of Nigeria (CBN)”.
Femi Jaiyeola is a seasoned professional with over 20 years’ experience in the Financial Services Industry. Prior to joining the Sterling team in April, 2019. Femi was a General Manager and the Group Chief Compliance Officer of Diamond Bank Plc. He brings to the Sterling team, the knowledge, skills and extensive experience that he has garnered both locally and internationally across Europe, Africa and Middle East in Risk Management, Banking Operations, Business Advisory, Internal Audit, External Audit and Compliance.
He was previously the Head of Audit, Nigeria and West Africa Cluster at Standard Chartered Bank. His international experiences include; Six (6) years with UK Financial Service Industry as Vice President in Internal Audit and as an Internal Auditor in Citigroup and Barclays Bank respectively. He also worked at Bond Bank, Nigeria and Arthur Andersen (now KPMG).
He holds a bachelor’s degree in Accounting from the University of Ilorin and a Master’s degree in Finance and Investment from the University of Edinburgh, Scotland. He is a Fellow of the Institute of Chartered Accountants of Nigeria, a Certified Information System Auditor and a member of the Board of Audit, Investigations and Forensic Accounting.