May 28, 2022

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Statement to The Nigerian Stock Exchange with respect to the Audited Financial Statements of Stanbic IBTC Holdings PLC for the year ended 31 December 2015

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Statement to The Nigerian Stock Exchange with respect to the  Audited Financial Statements of Stanbic IBTC Holdings PLC for the  year ended 31 December 2015 



StanbicIbtc press release regarding the released of Audited Financial Statement and the lifting of suspension of four members of the Board of Directors of the Bank.

We are pleased to announce the release of the Audited Financial  Statements of Stanbic IBTC Holdings PLC for the year ended 31  December 2015. This release follows our reaching an acceptable  settlement with the Financial Reporting Council (“FRC”), pursuant to  which the FRC has authorized our external auditors, Messrs. KPMG  Professional Services to sign our 2015 Audited Financial Statements.

In the light of the foregoing and having received all required regulatory  approvals, we would be presenting the 2015 Audited Financial Statements  to The NSE through the Issuer Portal for onward transmission to the  market, as well as subsequent publication as required by law.

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In addition to the above, we also confirm that the FRC has lifted the  suspension of the FRC Numbers of the following individuals and further  authorizes them where applicable, to sign our Audited Financial  Statements:

 Mr. Atedo N.A. Peterside CON (Chairman)
 Mrs. Sola David – Borha (Chief Executive)
 Dr. Daru Owei (Chairman, Audit Committee)
 Mr. Arthur Oginga (our erstwhile Chief Financial Officer)

We thank The NSE and other stakeholders for their support and Stanbic  IBTC will continue to abide by all extant Statutes; Rules and Regulations.

Signed:

Chidi Okezie

Company Secretary

21 December 2016

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