Stanbic IBTC Holdings Plc has notified The Exchange of the resignation of Mrs. Maryam Uwais, MFR as an Independent Non-Executive Director from its Board. Her resignation was effective 30th November, 2015. Stanbic IBTC states that Mrs. Uwais was appointed to its Board in November 2012 and has since lent her wealth of experience to the Board. Mrs. Uwais’ resignation came as a result of her taking up an appointment with the Federal Government as Special Adviser to the President on Social Investments.

The Board of Directors of Stanbic IBTC will formally accept the resignation and consider the proposals to appoint a new Independent Non-Executive Director to replace her at its meeting schedule to hold in February 2016.