The current Head of corporate and Institutional Banking business in Nigeria at Standard Chartered Nigeria, Mr. Olukorede Adenowo, has been promoted to the position of the executive director at the bank, earning double promotion in 2020.
Adenowo appointment as ED follows his recent elevation earlier in the year as Head of Corporate and Institutional Banking business in Nigeria where he is responsible for driving and implementing the Bank’s business strategy for its corporate clients.
Prior to his appointment, Adenowo was the Chief Executive Officer for Standard Chartered Bank (SCB) The Gambia with dual responsibility of managing the Bank’s business interest in Senegal.
He has been a Non-Executive Director of SCB Sierra Leone from 2014 and also currently serves as a Non-Executive Director on the Board of Standard Chartered Bank Gambia.
Adenowo has a total of 33 years 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 21 years.
Adenowo has served as Head of Origination and Client Corporate for Standard Chartered Bank, West Africa; Deputy Managing Director of Standard Chartered Bank Cameroon and a senior management executive in the Wholesale Bank in Standard Chartered Bank Nigeria.
In his penultimate role as Africa Co-Head Financial Institutions and Public Sector business for SCB, he has 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 such as Cameroon, Gabon, Senegal, Ghana, and most recently Nigeria in advising them on accessing international capital markets and ultimately improving the banks visibility in Public Sector for business success and growth in an increasingly stringent regulatory environment.
He was appointed the first Regional Head of Global Corporates for Standard Chartered Africa where he led the Africa Multinational business. Adenowo had worked with defunct Societe Generale Bank and Deloitte Nigeria, where he qualified as a chartered accountant in 1990 before joining Standard Chartered Bank.
An Economist cum Chartered Accountant; Adenowo was appointed Fellow of the Institute of Chartered Institute Accountants of Nigeria in 2000.
He is an alumnus of INSEAD and Said Business School of Oxford University where he had management training in Leadership and holds an MBA from the Lagos Business School.