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businesspost - 8 days ago

Atedo Peterside Exits Stanbic IBTC Board After 35 Years

By Adedapo Adesanya Mr Atedo Peterside has resigned from the board of Stanbic IBTC after serving in various capacities, including as chief executive officer (CEO), chairman and bank director for the past 35 years. The banker at 68 years old is bidding farewell as Director, two years earlier than the retirement age of 70 years old. “Today was the Annual General Meeting of Standard Bank Group Limited and I opted not to be re-elected as a Director. The retirement age is actually 70, but I believe 35 years is enough and the succession plans have worked well,” Mr Peterside announced


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