Stanbic IBTC: Atedo Peterside to Step Aside

Stanbic IBTC Holdings has announced that its chairman of board, Atedo Peterside, will be resigning from board of Stanbic IBTC Holdings with effect from March 31.

According to Reuters report, Peterside will however remain non-executive director on boards of both Standard Bank Group Ltd and The Standard Bank of South Africa Ltd.

The company’s board of directors will appoint a new chairman at its meeting scheduled to hold in April 2017.