Sterling Bank MD - Yemi Adeola Receives Banker of the Year Award

The Managing Director and Chief Executive of Sterling Bank Plc, Mr. Yemi Adeola, at the weekend received the Sun Banker of The Year Award for 2015.

The Award presentation which held at the EXPO Convention Centre, Eko Hotels and Suites, Victoria Island, was chaired by the former Nigerian Permanent Representative to the United Nations, Sir Arthur Mbanefo.
Other prominent Nigerians that also won awards include Asiwaju Bola Ahmed Tinubu; former Governor of Lagos State (The Sun Man of the Year); Governor Willie Obiano of Anambra State (Governor of the Year); Hajia Nana Shettima (Most Supportive First Lady); Dr. Uche Ogah, President, Master Energy Oil & Gas Limited (Investor of the Year); Dr. Obiora Chukwuka (Businessman of the Year); Mrs. Chinelo Anohu-Amazu, Director-General of the Nigerian Pension Commission (Public Service Award); Mr. Amaju Pinnick (Sports Person of the Year); and Mr. Harrison Okiri (Creative Person of the Year).

Winners of The Sun Awards 2015 were unveiled on November 15, 2015 after a two-day deliberation of the Board of Editors, chaired by the Managing Director/Editor-in-Chief, The Sun Publishing Limited, Mr. Eric Osagie. The Sun Awards are given to encourage and appreciate individuals in various sectors of the economy who are doing things right for the development of humanity and the economy as a whole.

In an earlier statement, The Managing Director and Editor-in-Chief of The Sun Publishing Company Limited, Mr. Eric Osagie, stated that the Sterling Bank boss was chosen for the Award based on the transformation he had brought to the Bank by increasing its total assets from a mere N110 billion in 2006 to over N800 billion in 2015 and increasing its market share to 3 percent measured by assets from less than 1 percent in just 10 years. Sterling Bank has also grown to become one of the 30 most capitalised companies listed on the Nigerian Stock Exchange (NSE).

Mr. Adeola started his career in the banking sector at Citibank Nigeria Limited where he worked between August 1988 and June 2003 in various capacities including Chief Legal Counsel and Executive Director, Commercial Banking, Public Sector and Infrastructure. He later moved to Trust Bank of Africa Limited where he served as Deputy Managing Director between June 2003 and December 2005. Following the merger of Trust Bank with four other banks to form Sterling Bank, he became the Executive Director, Corporate and Commercial Banking in January 2006.

The Sterling Bank boss holds a Bachelor of Law (LLB) degree from the University of Ife and Master of Law (LLM) degree (with specialisation in Law of Secured Credit Transactions, Comparative Company Law and International Economics Law) from the University of Lagos. He is an alumnus of the Harvard Business School, Stanford Business School, Said Business School, Oxford University and Wharton School, University of Pennsylvania. He is also a John F. Kennedy Scholar.

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