Stanbic IBTC appoints Babatunde Omotowa as Independent Non-Executive Director

Stanbic IBTC Holdings PLC has announced the appointment of Mr. Babatunde (Babs) Omotowa as an Independent Non-Executive Director, following the receipt of all required regulatory approvals.

Mr Omotowa is an international leader in the Energy industry across Europe, Africa, the United States of America, Asia, and the Middle East, in organization leadership, commercial, strategy and operational roles spanning over 26 years.

Mr. Omotowa was the Managing Director/CEO of Nigeria LNG Limited (“Nigeria LNG”) for almost 5 years from December 2011 to September 2016. Prior to joining Nigeria LNG, he served in different capacities including as a Vice-President Shell Sub-Saharan Africa, Director at Shell Petroleum Development Company, a Non-Executive Director of West Africa Gas Pipeline Company, amongst others. Subsequent to his role as MD, NNLG, he served as Vice President of Shell Global Upstream E&P and later as Special Adviser to Shell Global Upstream. He is the Chairman of the Advisory Board of Montserrado Oil and Gas B.V, an Independent Director on the Board of Pearlhill Technology USA, and President of the Nigerian University of Technology and Management.

He holds a B.Sc. in Industrial Chemistry, two Masters in Business Administration in Operations Research and Strategic Supply, and an Honorary Doctor of Science. He is currently undertaking a DBA at Herriot Watts University, Edinburgh, and has attended several Leadership programs, at Harvard, INSEAD and IMD. His professional leadership includes being the Global President for the Chartered Institute of Procurement and Supply, based in London, UK, and with over 100,000 members globally.

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