Stanbic IBTC upgrades infrastructure of Lagos Primary School


Mrs. Elizabeth Ogunmola Adebola, the Head Teacher, Abaranje Primary School II, expressed gratitude to the management of Stanbic IBTC. She disclosed that the school had been sharing a block of two toilets with another school when its pit toilet got destroyed three years ago.

She said: “We thank the Legal Department of Stanbic IBTC Holdings for bringing this project to this school. In fact, we were at a point where we didn’t know what to do any longer. When members of the Legal Services Department of Stanbic IBTC came, we were very happy when they said that they wanted to build a block of toilets for us. We are thankful for this beautiful toilet facility that has been provided for our pupils so that they can have a taste of good living.”

Stanbic IBTC is a Nigerian company which had its roots in Investment Banking & Trust Company PLC, formed on February 2, 1989 with Atedo Peterside as the first Chief Executive. The company has since evolved into a full-service financial institution with 9 subsidiaries all headed by Nigerians.

Stanbic IBTC Holdings PLC has an estimated staff strength of approximately 5,000, 99.9% of whom are Nigerians. Additionally, eight of Stanbic IBTC Holdings PLC’s ten-member board are Nigeria