Maryam Uwais Resigns as an Independent Non-Executive Director from Stanbic IBTC Board

Proshare

Thursday, February 04, 2016 01:22PM/NSE

 

We hereby notify the Nigerian Stock Exchange of the resignation of Mrs. Maryam Uwais MFR as an Independent Non-Executive Director from the Board of Stanbic IBTC Holdings Plc (“Holdco”). Her resignation is effective from 02 February 2016.

 

Mrs Uwais was appointed to the Board of Holdco in November 2012. She has since lent her wealth of experience to the board and has been an invaluable addition to the organization. Mrs Uwais’ resignation came as a result of her taking up an appointment with the Federal Government which precludes her participation or engagement in the management or running of any private business, trade or profession. The board at its meeting held on 03 February 2016 formally accepted the resignation of Mrs Uwais.

 

We will notify The NSE of the appointment of a new Independent Non-Executive Director to replace Mrs. Uwais upon conclusion of the selection exercise in line with extant regulaltions.

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