Just recently, the resignation of Emmanuel Emefienim was made public by the management of Sterling Bank Plc.
The MD/CEO of STERLING BANK, Abubakar Suleiman, who had faced backlash from some of its shareholders for underperformance, made the painful announcement of his resignation.
According to him, "Emmanuel had more than 10 years of a successful career at Sterling.
"A man with deep faith in God, love for family and community, his contribution to what this institution is today is immeasurable.
"As a colleague of many years, I can attest to his business acumen, team spirit, and commitment to the bank."
Emmanuel, who has an outstanding career in the banking sector, started his "banking career" with Oceanic Bank Plc (now Ecobank Nigeria), where he worked from 1992-1997, rising to the position of Head, Credit & Marketing.
He then moved to United Bank for Africa as Manager, Commercial Banking (1997–2000). Emmanuel also worked at Savannah Bank Plc and FSB International (now Fidelity Bank Plc) over a 6-year period before joining Equitorial Trust Bank (ETB) in 2006.
"While in ETB, he excelled and rose to the position of Zonal Business Director.
Following the acquisition of ETB and its consolidation into Sterling Bank in 2011, Emmanuel assumed the position of Regional Business Executive covering the South-South 2 Region, a role in which he excelled, leading to the expansion of his responsibilities to cover the South-South 1 region. "
"Aside from being awarded Best Performing Group Head (Regional Businesses) at various times, Emmanuel ran the most profitable Regional Business bank-wide for 6 consecutive years (2011–2017).
Based on his exceptional performance, he was promoted to the position of General Manager in 2016 and, in 2018, was appointed to the Board of Sterling Bank as Executive Director, Institutional Banking Directorate.
Even with the resignation of Emmanuel Emefienim, the bank was very opportunistic in meeting its revenue targets and surpassing Q2, 2021 performance.
Suleiman thanked Emmanuel for his outstanding service to Sterling Bank and wished him all the best in his new role as MD/CEO of Premium Trust Bank.
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