SUN, JAN 19 2020-theG&BJournal- Sun Trust Bank has appointed Mrs Halima Buba as its Managing Director/Chief Executive Officer.
The Central Bank of Nigeria (CBN) gave nod to this appointment via a letter signed by the bank’s director, Banking Supervision, Mr. Ahmed Abdullahi.
The letter noted that Mrs Buba will take over from Mr. Ayo Babatunde.
Her appointment was premised on her years of experience as a financial expert and a seasoned banker with over 20 years of experience in both the private and public sector with recognizable and impressive strides.
Buba who hails from Adamawa is a cofounder of TAJ consortium a group of young dynamic technocrats, cum financial advisory experts, who specialise in trade finance, project and export development finance, syndication and specialised finance.
She is currently sitting on the board of Nigerian Sovereign Investment Authority (NSIA) as a non-executive director and participate amongst other key stakeholders in making critical decisions to ensure that the nation’s wealth is being channeled to optimum use for the future generations of Nigerian.
The new CEO of Sun Trust Bank rose to the rank of deputy general manager in Ecobank Nigeria, in charge of FCT and the North, where she demonstrated exceptional leadership qualities in building cross-functional teams and focused on business development and market expansion.
She is an alumnus of the prestigious Lagos Business School (LBS) Senior Management Programme in Nigeria and also holds an MBA from the University of Maiduguri and a BSc in Business Management from the University of Maiduguri. She has attended several courses both at home and abroad.
She is an honorary senior member of the Chartered Institute of Bankers (CIB) and a Fellow Institute of Management consultant and not afraid to explore new things.
She brings to his job strategic thinking, inspirational leadership, energetic and entrepreneurial skills.
Responding to her appointment, she said: “These are interesting times for us as a country. The economy is still in its post-recession phase and the prospects of sustained growth are encouraging.
“Being appointed to take over the helms of SunTrust Bank at such a time is both humbling and challenging.
“I commend the good work my predecessors have done to establish, grow and stabilise a relatively young Bank. I plan to build on the foundation they have laid by propelling SunTrust to greater heights. “The idea is to position the bank as a financial institution of choice by consolidating and accelerating its growth, corporate reputation and service quality.”
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