Standard Chartered Bank Nigeria Limited has announced that Olukorede Adenowo aka K.O. has been appointed as its chief executive officer (CEO).
According to a statement on Wednesday, this development followed his recent appointment as executive director of corporate, commercial 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 the latest appointment, he was the chief executive officer for Standard Chartered Bank, The Gambia with dual responsibility for managing the bank’s business interest in Senegal.
He was a non-executive director of the bank in Sierra Leone and also was a non-executive director on the board of Standard Chartered Gambia.
“K.O has a total of 35 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 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,” the statement said.
“He was also appointed the first Regional Head of Global Corporates for Standard Chartered Africa where he led the Africa Multinational business,” it added.
Prior to joining the bank, he worked at Societe Generale Bank Nigeria and Deloitte Nigeria where he qualified as a chartered accountant in 1990.
He is married to Olajumoke and both have two children.
“Korede takes over as CEO from Lamin Manjang. After 24 years of service providing strategic direction in various capacities across seven markets in Africa and Middle East, including CEO for Kenya and East Africa, Oman, Uganda and Sierra Leone, Lamin has been promoted to Vice Chairman for Africa and will be based in Nigeria,” the statement said.