Nigeria: Standard Chartered Bank Appoints New Chief Executive Officer

By InstinctBusiness May 5, 2023 0

One of the leading Banks in Nigeria that offers a wide range of banking services, Standard Chartered Bank has appointed Olukorede Adenowo as its new Chief Executive Officer, CEO.

The appointment which followed his recent promotion as Executive Director of Corporate, Commercial, and Institutional Banking business in Nigeria was announced in a statement by the bank.

Prior to the appointment, Adenowo was the Chief Executive Officer of Standard Chartered Bank, The Gambia, with dual responsibility for managing the Bank’s business interest in Senegal.

He has been a Non-Executive Director of the Bank in Sierra Leone and also served as a Non-Executive Director on the Board of Standard Chartered Gambia.

Adenowo has a total of 35 years of post-university experience in banking, finance, and consulting.

He was a founding staff of Standard Chartered Bank in Nigeria and has held various senior positions in Standard Chartered Bank Group in the last 24 years.

He has served as Head of Origination and Client Corporates for Standard Chartered, West Africa; Deputy Managing Director of Standard Chartered Bank Cameroon and a senior management executive in the Wholesale Bank in Standard Chartered Nigeria.

In his penultimate role as Africa Co-Head of Financial Institutions and Public Sector business for SCB, Adenowo provided strong leadership in building and managing key strategic FI relationships across West Africa.

He worked closely with several Banks and Governments across the region i.e. Cameroon, Gabon, Senegal, Ghana, and most recently Nigeria in advising them on accessing international capital markets and ultimately improving the bank’s visibility in Public Sector for business success and growth in an increasingly stringent regulatory environment. He was also appointed the first Regional Head of Global Corporates for Standard Chartered Africa where he led the Africa Multinational business.

Before joining the Bank, Adenowo worked at Société Générale Bank Nigeria and Deloitte Nigeria, where he qualified as a Chartered Accountant in 1990.