The new SunTrust Bank chairman, who retired in 2018, holds a Master of Business Administration degree. He is a Fellow of the Institute of Chartered Accountants of Nigeria , Associate Institute of Chartered Accountants of Nigeria and an Associate Chartered Institute of Taxation, Nigeria.
Shittu’s appointment is part of the efforts by the board to enable the bank play more roles in the Nigerian economy and meet its customer’s satisfaction. A senior executive in the bank, who alluded to this, said: “Over 90 per cent of banking transactions are being transacted electronically worldwide. Banking is no longer where you go to, the financial institutions that can stand in the future are no longer those with physical branches but only by banking services that will be driven by technology and therefore most customers of tomorrow will no longer be interested in going to the banking halls.
Congrats to the new board members
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