COMMENDATIONS from shareholders trailed the improved performance of Sterling Bank Plc at its 56th Annual General Meeting (AGM) in Lagos on Thursday, as they applaud the 20.2 percent rise in shareholders’ funds from N85.7 billion in 2016 to N102.9 billion in 2017. According to Mr Akinlade, the bank’s performance is very encouraging; which makes it easy for shareholders to unanimously support the mid and long-term management strategies put in place by the Board and Management. Earlier in his address, Mr Asue Ighodalo, Chairman, Sterling Bank Plc, told shareholders that the bank would continue to navigate its growth by innovative means. Also speaking at the AGM, the bank’s Chief Executive Officer, Abubakar Suleiman, explained that the bank’s 2017 financial year performance highlights its underlying institutional strength despite delicate operating conditions. “We have aligned the bank’s business model to offer financial and non-financial solutions to key areas which are at the HEART of Sterling Bank – Health, Education, Agriculture, Renewable Energy, and Transportation.

Source: Nigerian Tribune May 17, 2018 17:48 UTC