Sola David-Borha
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Olusola "Sola" Adejoke David-Borha, is the chief executive (CEO) of Africa Regions at the
Standard Bank Group Standard Bank Group Limited is a major South African bank and financial services group. It is Africa's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg. History ...
since January 2017. She was the CEO of
Stanbic IBTC Holdings Stanbic IBTC Holdings, commonly referred to as Stanbic IBTC, is a financial service holding company in Nigeria with subsidiaries iBankingNigerian Economic Summit Group The Nigerian Economic Summit Group (NESG) is a private sector-led think-tank and policy advocacy group based in Nigeria. The NESG promotes sustainable growth and the development of the Nigerian economy. It is a non profit, non-partisan and apoliti ...
since 2015. She joined the board of IBTC in July 1994. She has been a non-executive director of
Coca-Cola HBC AG Coca-Cola HBC AG also known as Coca-Cola Hellenic Bottling Company or just Coca-Cola Hellenic is the world's third-largest Coca-Cola anchor bottler in terms of volume with sales of more than 2 billion unit cases. Coca-Cola HBC's shares are primari ...
since June 2015. She was a director at Stanbic IBTC Holdings PLC from 1994 to March 2017. She is a member of the governing council of the
Redeemer's University Redeemer's University is a private university in Ede, Osun, off Ibadan-Oshogbo Road, Osun State, Nigeria. Established in 2005, the university is owned by the Redeemed Christian Church of God. History and governance The university was founded ...
.


Early life and education

David-Borha was born in
Accra Accra (; tw, Nkran; dag, Ankara; gaa, Ga or ''Gaga'') is the capital and largest city of Ghana, located on the southern coast at the Gulf of Guinea, which is part of the Atlantic Ocean. As of 2021 census, the Accra Metropolitan District, , ...
,
Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and To ...
to a diplomat father, which meant the family travelled a lot. The family returned to
Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...
when she was about 10 years old. Sola undertook her primary and secondary education in Nigeria before completing her studies at the
University of Ibadan The University of Ibadan (UI) is a public research university in Ibadan, Nigeria. The university was founded in 1948 as University College Ibadan, one of many colleges within the University of London. It became an independent university in 196 ...
, Nigeria with a bachelor's degree in economics in 1981. She then proceeded to pursue an MBA from the Manchester Business School in 1991. Her executive education includes the Advanced Management Program at
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
and the Global CEO Program jointly offered by
Wharton Wharton may refer to: Academic institutions * Wharton School of the University of Pennsylvania * Wharton County Junior College * Paul R. Wharton High School * Wharton Center for Performing Arts, at Michigan State University Places * Wharton, Ch ...
, IESE and CEIBS. She is an honorary fellow of the Chartered Institute of Bankers of Nigeria (CIBN).


Career

David-Borha began her career at NAL Merchant Bank (now Sterling Bank), then affiliated with
American Express American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was found ...
from 1984 to 1989, before joining a boutique investment banking firm, IBTC, which was merged with two commercial banks to become IBTC Chartered in 2005. In 2007,
Standard Bank Group Standard Bank Group Limited is a major South African bank and financial services group. It is Africa's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg. History ...
acquired IBTC and became known as
Stanbic IBTC Holdings Stanbic IBTC Holdings, commonly referred to as Stanbic IBTC, is a financial service holding company in Nigeria with subsidiaries iBankingchief executive of the
Standard Bank Group Standard Bank Group Limited is a major South African bank and financial services group. It is Africa's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg. History ...
. She is a non-executive director of CR Services Credit Bureau PLC and the University of Ibadan Business School. She joined the board of IBTC in July 1994. She has been a non-executive director of
Coca-Cola HBC AG Coca-Cola HBC AG also known as Coca-Cola Hellenic Bottling Company or just Coca-Cola Hellenic is the world's third-largest Coca-Cola anchor bottler in terms of volume with sales of more than 2 billion unit cases. Coca-Cola HBC's shares are primari ...
since June 2015. She is a director of Fate Foundation,
Redeemer's International Secondary School The Redeemer's International Secondary School is a co-educational private secondary school located in Maryland, Lagos, Nigeria. It was founded in 1997. It is part of the Christ the Redeemer's School Movement (CRSM). The current principal is Mrs. ...
. She is a member of the governing council of the
Redeemer's University Redeemer's University is a private university in Ede, Osun, off Ibadan-Oshogbo Road, Osun State, Nigeria. Established in 2005, the university is owned by the Redeemed Christian Church of God. History and governance The university was founded ...
. In September 2020, Stanbic IBTC Holdings appointed David-Borha as a non-executive director. On 15 April 2021, David-Borha retired after 31 years at Stanbic IBTC, and was replaced as CEO Standard Bank Africa Regions, by
Yinka Sanni Yinka Sanni, is the chief executive officer (CEO) of Africa Regions at the Standard Bank Group since April 2021. Immediately before his present position, he served as the chief executive officer at Stanbic IBTC Holdings Plc., from 2017 until ...
, hitherto the CEO of Stanbic IBTC Holdings Plc.


Awards and recognitions

She was named Business Woman of the Year for the West Africa region in 2016 at the All Africa Business Leaders Awards. She was also named Business Woman of the Year for Africa.


Personal life

David-Borha is a devout Christian and a pastor at the
Redeemed Christian Church of God The Redeemed Christian Church of God (RCCG) is a Pentecostal megachurch and denomination founded in Lagos, Nigeria. The General overseer (most senior pastor) is Enoch Adeboye, ordained in 1981. The church in Lagos had an average church attendanc ...
- City of David in
Lagos Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national ca ...
, Nigeria. She is married to Mr David-Borha and a mother of three children.


References

{{DEFAULTSORT:David-Borha, Sola Living people University of Ibadan alumni University of Ibadan people Nigerian women business executives 21st-century South African businesswomen 21st-century South African businesspeople Year of birth missing (living people) People from Accra Nigerian investment bankers Nigerian Christians Alumni of the Manchester Business School 20th-century births Redeemer's University Nigeria people Nigerian Christian clergy Women Christian clergy Nigerian corporate directors Women corporate directors Nigerian women chief executives Ghanaian emigrants to Nigeria Standard Bank people