FirstBank Group has appointed Olukorede Adenowo as the new Managing Director/Chief Executive Officer of its UK subsidiary. This key appointment takes effect from November 16, 2023, pending regulatory clearances.
Adenowo brings to FirstBank UK a wealth of experience and a track record of success in the banking sector across various countries. He is known for his exceptional leadership, strategic vision, and comprehensive understanding of the global financial landscape.
Adenowo’s banking career includes a significant tenure as Chief Executive Officer of Standard Chartered Bank Nigeria. He joined the bank in 1999, focusing on Corporate Banking. His career progressed through several high-profile roles, including as MD/CEO of SCB Gambia, Deputy MD/CEO of SCB Cameroon, and as Managing Director of Corporate Commercial and Institutional Banking for SCB Nigeria and West Africa.
Adenowo’s experience extends to over 13 years as a Non-Executive Director within the Chartered Bank Group, including roles with SCB Gambia and SCB Sierra Leone. His extensive board experience will be invaluable in his new role at FirstBank UK.
Dr. Adesola Adeduntan, CEO of FirstBank Group, welcomed Adenowo to the role. “We are thrilled to have Olukorede Adenowo lead FirstBank UK. His depth of experience positions him perfectly to drive the next phase of growth and development for the bank,” Dr. Adeduntan stated.
Adenowo began his career at Deloitte Nigeria, becoming a Chartered Accountant in 1991. He attained Fellowship of the Institute of Chartered Accountants of Nigeria in 2003 and received a Distinguished Alumnus award from Deloitte Nigeria in 2015. He is an alumnus of INSEAD and Said Business School, Oxford University, and holds an MBA from Lagos Business School.
With Adenowo at the helm, FirstBank UK is poised for strategic growth and innovation. His appointment reflects FirstBank Group’s commitment to expanding its global footprint and delivering excellence in banking services.
Adenowo’s leadership is expected to fortify FirstBank UK’s position in the international banking sector, enhancing its services and strengthening ties with global markets.
Under Adenowo’s direction, FirstBank UK aims to elevate customer service levels and embrace innovative banking solutions to meet the evolving needs of its clientele.
Adenowo’s stewardship is set to usher in a new era for FirstBank UK, focusing on sustainable growth, customer-centric services, and operational excellence.
