FirstBank Group announces Adenewo as MD, UK subsidiary

Date:

November 30, 2023.

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Azonuchechi Chukwu.

The FirstBank Group has announced the appointment of Olukorede Adenewo as the Managing Director/Chief Executive Officer of its UK subsidiary, FirstBank UK.

According to a statement issued on Wednesday, the appointment became effective from November 16, 2023, subject to regulatory approvals.

The lender said that Adenewo, “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.”

Prior to his appointment, Adenewo was 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. He also served as a Non-Executive Director of SCB Gambia and SCB Sierra Leone, accumulating over 13 years of invaluable experience as a Board member within the Chartered Bank Group.

Expressing confidence in Adenewo, the CEO of FirstBank Group, Dr Adesola Adeduntan, said, “On behalf of the Board, Management, and staff of FirstBank Group, we are excited to welcome Olukorede Adenewo 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.”

Adenewo started his career at Deloitte Nigeria, qualifying as a Chartered Accountant in 1991. He became a Fellow 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, where he underwent management training in Leadership.

He holds an MBA from Lagos Business School.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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