Yinka Sanni is a Nigerian banker and Pastor. He assumed the role of the Chief Executive of Stanbic IBTC Holdings Plc in 2017. Prior to that, he was the Chief Executive at Stanbic IBTC Bank and had led in other subsidiaries of the group.
He has extensive experience in credit and marketing, asset management and corporate finance, e.t.c. In 2018, he ranked as one of the top 25 CEOs of the year in the Business Day banking Awards.
Also, Yinka is a pastor at the Redeemed Christian Church of God.
Yinka Sanni Background
Yinka lived the first 16 years of his life in Ibadan with his parents and siblings. Then, he went on to the University of Nigeria, Nsukka and bagged a Bachelor’s degree (B.Agric), in Agricultural Economics from 1984 -1987. After, he attended Obafemi Awolowo University and earned a Masters in Business Administration (MBA).
Also, he went through an Advanced Management Programme (AMP) from the Harvard Business School, The Global CEO Program (GCP) at the China Europe International Business School (CEIBS). He also attended the IESE Business School and The Wharton School.
Besides that, he is a fellow of the Chartered Institute of Stockbrokers of Nigeria.
Yinka Sanni Early Career
After his education at the Obafemi Awolowo University, Ile-Ife, Yinka moved to Lagos. In Lagos, he joined the Investment Banking & Trust Company Limited (IBTC) in 1990.
Then, in 1994, he became the pioneer Chief Executive at Stanbic IBTC Asset Management Limited and served there for 10 years.
Next, in 2004, he also served as the Pioneer Chief Executive at Stanbic IBTC Pension Managers Limited. In 2008, he was appointed Executive Director, Head of Corporate & Investment Banking till 2011. Subsequently, he moved to the position of Deputy Chief Executive at Stanbic Bank Plc until Nov. 2012.
Thereafter, he was promoted to the position of Chief Executive of the bank. Also, in 2017, he assumed the position of Chief Executive Officer at Stanbic IBTC Holding Company Plc. The position he holds till date.
Ultimately, Yinka has over two decades of banking experience. He has been involved in corporate finance, stockbroking and done sizable numbers of capital market transactions.
Yinka Sanni Personal Life
Yinka is a pastor at the Redeemed Christian Church of God. He got married to Foluke Sanni (nee Banwo) on October 21, 1995, and they are blessed with children.
Stanbic IBTC Holding Plc
Stanbic IBTC Holding Plc is a financial institution in Nigeria. It is a member of Standard Bank Group, a full financial services giant in South Africa with presence in Africa, and some international countries. Standard Bank Group is the largest African bank by assets and earnings.
Stanbic IBTC Holdings was born from the merger between the Stanbic Bank Nigeria Limited, and IBTC Chartered Bank. On August 21, 2007, Standard Bank Group acquired controlling interest in IBTC. This merger brought about the huge presence of the brand in the Nigerian Market.
However, it adopted a holding company structure in 2012 in order to comply with the revised regulatory framework of CBN. Since then, Stanbic IBTC holdings have continued to wax strong with services that cut across different sectors like: banking, pensions, asset management, stockbroking, capital and trustees.
The Stanbic IBTC Bank is a commercial bank with about 180 branches in Nigeria. It focuses on three main business pillars; corporate and investment banking, personal and business banking and wealth management. The bank cater for individuals and businesses through carefully designed retail and business ranking products.
The group is led by Mr Basil Omiyi (Chairman), Yinka Sanni (Chief Executive), Adekunle Adedeji (Executive Director) and other Non-Executive Directors.
Apart from being the Chief Executive of the group, he also serve in different capacities. Yinka is,
- Director, The Nigerian Economic Summit Group
- Director, Stanbic IBTC Stockbrokers Ltd
- Non- Executive Director, Stanbic IBTC Bank Plc.
- Director, Stanbic IBTC Trustee Ltd
- Director, People Affairs
- Associate Member, Chartered Institute of Stockbrokers.
Yinka Sanni Quotes
“We must integrate the benefits of sound ethics and the need to obey the laws and regulations of countries in the on-boarding and training of young leaders and entrepreneurs in order to ensure that ethics are the foundation upon which we build these young leaders.”
“Stanbic IBTC can be regarded as a talent factory.”
“Do more than you are paid for. Don’t just put up an average performance at work when you can actually do more.”
“As you work, make sure you specialise and become an expert in a specific field. This gives you the edge and also gives you the opportunity to assume leadership roles”
“For a prospective employee to succeed in our company, such a person needs to imbibe the core values of the organisation.”
“At Stanbic IBTC, we focus on three areas to help our communities. We focus on health, education, and economic empowerment.”
“I believe that no matter how busy we are…, we can always find time for what we consider important responsibilities in our lives.”
“Over the past years, we are less patients, we want things to happen quicker. You will always need hard work to succeed.”
“..We have always insisted on equal opportunity. We have also continued to lead the charge in empowering women.”
“For me, family and relationships are such important responsibilities.”
Entrepreneurial Lessons From The Life Of Yinka Sanni
With Sanni, there are many grounds yet to be covered in Stanbic IBTC Holdings. In an interview he said “We have not arrived yet, we are going to be there for ever, we are building a solid foundation.” He believe you must be determined to succeed in every of your approach to business and your best can still be better.
He opines that if you want to succeed, you must be a great fan of excellence and must have some core values you hold dear.
Basically, having good principles is important in your life journey.
Photo Credit: enewnigeria.com, Chronicle.ng, Instagram