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Untold Story Of How Former Bank MD, Yemi Adeola Handed Over To His Protege - Business - Nairaland

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Untold Story Of How Former Bank MD, Yemi Adeola Handed Over To His Protege by Walecoy(m): 10:44am On Dec 13, 2019
If Yemi Adeola wanted to prolong as the MD/CEO of Sterling Bank, he had no shortage of sit-tight leaders in the political arena and world of business to emulate.

But unlike those fatuous Emperors for life who have turned whole countries and organizations into their personal kingdoms, Yemi knows that maintaining the status quo for too long will lead to stagnation.

After 14 years of service as a founding director and 10 years as substantive chief executive officer of Sterling Bank, Yemi felt the time was right to move on to other adventures.

But unlike the situation with some other banks where the replacement of a CEO led to civil war among senior management, the process with Sterling Bank was smooth and gradual.

The net was cast wide in search of suitable candidates to replace the indefatigable Adeola, at the end of which Abubakar Suleiman emerged as the chosen one.

Rather than thrust him abruptly into the financial sector pond where he would be at risk of being eaten by sharks, Suleiman was gradually groomed into the role.

Yemi, no doubt, has made so much money for himself as the bank MD. While too many of his peers, gained from their wealth only the fear of losing it, Yemi gained from his wealth, comfort, contentment and a deep sense of purpose.

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