Sterling Financial Holdings Company Plc has appointed Ms. Olubisi Makoju as an Independent Non-Executive Director of the holding company and Mr. Olayinka Oni as a Non-Executive Director of Sterling Bank Limited.
The appointments were disclosed in a corporate filing dated July 9, 2026, signed by the Company Secretary, Sunny Kanabe.
According to the company, the appointments have received regulatory approval from the Central Bank of Nigeria (CBN).
Sterling HoldCo said the appointments are aimed at strengthening governance and strategic oversight across the group as it continues to expand its operations and digital capabilities.
Makoju joins the board with more than 25 years of experience across the oil and gas, consulting, information technology and financial services sectors. She currently serves as Chief Financial Officer of Smart Grid Development Limited and is the founder of Earthwise Capital Limited.
She previously served as Executive Director and Chief Operating Officer of the Nigeria Sovereign Investment Authority (NSIA), where she led strategic and corporate initiatives and managed cross-functional teams.
Makoju holds a degree in Accounting from Obafemi Awolowo University and an MBA from the University of Warwick. She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an Associate of the Chartered Institute of Management Accountants (CIMA), United Kingdom.
Meanwhile, Oni currently serves as an Executive Director at Sterling Financial Holdings and previously held the position of Chief Digital Officer at Sterling Bank, where he spearheaded the bank’s digital transformation strategy.
Before joining Sterling, he served as Chief Technology Officer at Microsoft Nigeria and also held senior positions at Wema Bank Plc, including Chief Information Officer and General Manager, IT and Operations. He also worked with Accenture Nigeria and was a co-convener of CIO Nexus, a forum for Chief Information Officers in Nigeria.
Oni holds a degree in Agricultural Economics from the University of Ilorin and a Master’s degree in Management from McGill University, Canada. He is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria.
The appointments come amid strong financial performance by Sterling Financial Holdings. In its audited results for the year ended December 31, 2025, the group reported an 89.19 per cent increase in profit before tax to N86.78 billion, from N45.86 billion in 2024.
Gross earnings rose by 44.37 per cent to N486.80 billion, while profit after tax increased by 74.74 per cent to N76.33 billion, reflecting continued earnings growth across the group despite higher operating costs and loan impairment charges.
