Nigeria: FirstBank Group appoints new MD/CEO of UK subsidiary

FirstBank Group has appointed Olukorede Adenowo as Managing Director/Chief Executive Officer of FirstBank UK.

“The appointment is subject to regulatory approvals,” said Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited.

“Olukorede Adenowo who has demonstrated exceptional leadership, strategic vision, and a deep understanding of the global financial landscape, brings a wealth of experience, built by a proven track record of success in the banking industry across several countries” she said.

“Prior to this appointment, Olukorede Adenowo served as the Chief Executive Officer of Standard Chartered Bank Nigeria. He joined the Corporate Banking sector of the Bank in 1999. During his illustrious career, he held key positions, including MD/CEO of SCB Gambia, Deputy MD/CEO of SCB Cameroon and MD of Corporate Commercial and Institutional Banking for SCB Nigeria and West Africa.

The newly appointed CEO has a wealth of experience, having served as a Non-Executive Director of SCB Gambia and SCB Sierra Leone. With over 13 years of invaluable experience as a Board member within the Chartered Bank Group.

“On behalf of the Board, Management, and staff of FirstBank Group, we are excited to welcome Olukorede Adenowo to the FirstBank family. With his wealth of experience, we are confident that he is the perfect fit to lead FirstBank UK into its next phase of growth and development.” said Dr. Adesola Adeduntan, CEO FirstBank Group.

Olukorede Adenowo commenced his career at Deloitte Nigeria, achieving the qualification of a Chartered Accountant in 1991. He became a Fellow of the Institute of Chartered Accountants of Nigeria in 2003, receiving a Distinguished Alumnus award from Deloitte Nigeria in 2015. An alumnus of INSEAD and Said Business School, Oxford University, he underwent leadership management training. Adenowo holds an MBA from Lagos Business School.