Board of Directors

Mr. Foluso Olajide Phillips was appointed to the Board of Directors of Standard Chartered Bank Nigeria Limited as an Independent Non-Executive Director in April 2022 and was elected Chairman of the Bank’s Board of Directors, effective 21^st May 2022.

Mr. Phillips is a qualified industrial economist a Fellow of the Chartered Institute of Management Accountants of the United Kingdom and a Fellow of the Institute of Chartered Accountants of Nigeria. He has over 45 years’ experience in financial and cost management, industrial and operations management, Human Capital Management, Information Technology systems implementation and Business Management consulting.

He is a private sector leader with experience in consulting, advising, guiding, and mentoring organisations in the private and the public sectors. He has worked with and advised government and its many agencies, at national and state level in his professional capacity as a management consultant, a one-time leader and current Director of the Nigerian Economic Summit Group (NESG) and member of other professional bodies and institutions. He continues to play a major role in the private sector through the firm of Phillips Consulting Limited and its affiliate companies – Phillips Outsourcing Limited and Phillips HMO where he serves as Executive Chairman.

He is committed to African Renaissance and is active in supporting Pan-African initiatives in different areas of endeavour. He is also a public speaker who has been actively involved in many international seminars and conferences across Africa, Europe and the United States of America.

Mr. Phillips is married with children and grandchildren.

Olukorede Adenowo (K.O) is currently Chief Executive Officer of Standard Chartered Bank Nigeria

He previously served as Executive Director of Standard Chartered Bank Nigeria responsible for the Corporate, Commercial and Institutional Banking business in Nigeria and West Africa. He also previously served as Chief Executive Officer for Standard Chartered Bank (SCB) Gambia with dual responsibility for SCBs business in Senegal and Deputy Chief Executive Officer for Standard Chartered Bank Cameroon.

He is currently a Non-Executive Director of Standard Chartered Bank Gambia and has also been a Non-Executive Director of SCB Sierra Leone from 2014 till 2020.

K.O has a total of 35 years post-university experience in Banking, Finance and Consulting.

In his penultimate role as Africa Co-Head Financial Institutions and Public Sector business for SCB, K.O 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 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 has served as Managing Director, Origination and Client Corporates for Standard Chartered Bank, West and Central Africa and Director in Wholesale Banking in Standard Chartered Bank Nigeria.

He was appointed the first Regional Head of Global Corporates for Standard Chartered Africa where he led the Africa Multinational business. He is a founding staff of SCB Nigeria and has held other positions in Standard Chartered Bank Group in the last 23 years. He has worked in Societe Generale Bank Nigeria and Deloitte Nigeria, where he qualified as a Chartered Accountant in 1990.

An Economist turned Chartered Accountant; he 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.

He is married to Olajumoke and both have two children.

Mr. Bukar is currently an Independent Non-Executive Director of Standard Chartered Bank Nigeria Limited.

In his capacity as Managing Director/CEO of ValuCard Nigeria (now Unified Payments Limited), he promoted the deployment and adoption of Visa products in Nigeria. Prior to this period, he served as Executive Director, E-Banking, Information Technology and Operations in FSB International Bank Plc (now Fidelity Bank Plc).

He has also held several roles such as Manager, Technical Marketing, Senior IT Consultant, Marketing Program Manager etc within the Hewlett-Packard Group in the USA.

Until recently, Mr. Bukar was the Managing Director/CEO of Central Securities Clearing System Plc, Lagos, where he has been credited with the transformation of the company to an efficient and resourceful organization. He is currently the Chairman of the Nigeria Economic Summit Group (NESG).

He is married with children.

Adiba Ighodaro was appointed to the Board of Directors of Standard Chartered Bank Nigeria Limited as an Independent Non-Executive Director in April 2021.

Prior to her appointment, she was a Partner in Actis, a Global Private Equity Firm, where she still serves as an advisor for one of the firm’s real estate funds. Adiba has a strong track record in emerging markets with over 30 years’ experience in legal structuring, development finance, private equity origination and investment. She received the 2019 Private Equity Africa special recognition award for being one of the top women deal makers and fundraisers in the industry, recognising leadership over the past decade and positive impact on women. Adiba is an advocate for diversity and inclusion (D&I). During her time in Actis, she initiated the firm’s D&I agenda and was a founding member of Actis’ D&I committee. Adiba also established and chaired the Actis Female Network with membership across geographies and sectors. Adiba also sits as a member of the Board of Trustees of the English National Opera. She holds a Bachelor of Laws degree from King’s College, London and a Diploma in Accounting & Finance from the ACCA. She is also called to the Nigerian Bar and the English Bar (Gray’s Inn). Adiba speaks both English and French.

Adiba is married with 2 children.

Mr. Etemesi is currently a Non-Executive Director of Standard Chartered Bank Nigeria Limited.

He has about 24 years banking experience with the Group in various capacities. He was CEO, South and Southern Africa; CEO, Kenya and East Africa; CEO, Uganda; and Vice Chairman, Africa. He also served as Chief Finance Officer and Director of Strategy in East Africa and held several other roles within the Group in Zambia, Kenya, UK, and Singapore – dealing mainly with the establishment and development of corporate banking relationships.

He has been responsible for the growth and development of the Bank’s business in all the regions where he has served as CEO, and has discharged himself creditably in the respective capacities. Specifically, he has effectively coordinated the delivery of strategic and operating plans, and has further superintended the governance of the Group’s activities in these regions.

Mr. Etemesi has also served as Financial Management Consultant with Coopers & Lybrand Associates, Kenya. He holds degrees in Finance and Accounting from the University of Strathclyde, Glasgow, UK and University of Nairobi, Kenya respectively.

He is married with 4 children.

Emmanuel (Manu) De Groote joined the Board of Standard Chartered Bank Nigeria Limited in December 2017. He is currently the Non-Executive Director, with responsibility for Country, Business as well as the Financial Crime Compliance teams within the Africa & Middle East region. He is also a member of the Africa & Middle East Regional Management Team and the Region’s Compliance Management team.

Manu joined the Standard Chartered Bank Group in 2011 as Head of Regional Initiatives for Legal and Compliance, MEPA and South Asia. In this role, He was actively involved in a wide range of legal and compliance issues across the Middle East, Pakistan, Africa and South Asia. Prior to his current role, Manu was the Regional Head of Legal and Compliance for Africa.

He is currently tasked with leading the Standard Chartered Group Compliance agenda in the Africa & Middle East region.

Prior to joining the SCB Group, Manu worked for more than 10 years at Euroclear, the clearing and settlement bank in Brussels, as Chief Compliance Officer, and Group Head of Legal respectively.

He is married with two children and lives in Dubai.

Ian has been the Regional Chief Risk Officer for Africa & Middle East based in Dubai since November 2015. He is currently a member of the Board of Directors at Standard Chartered Bank Kenya Limited and Standard Chartered Bank Angola Limited.

He was previously the Chief Risk Officer, South Asia and the Country Chief Risk Officer, India, based in Mumbai with overall responsibility for implementing and monitoring the Risk Governance Framework in South Asia. He was also an Alternate Director on the Standard Chartered Nepal Board for four years.

Prior to February 2013, Ian was the Regional Credit Officer for South Asia overseeing the credit risk of the Wholesale Bank portfolios for India, Bangladesh, Sri Lanka and Nepal. He has worked at Standard Chartered for 23 years based in Hong Kong, Dubai and London. His Risk roles have included Chief Credit Officer, Hong Kong & Japan; Regional Credit Officer, Africa; and Regional Credit Officer, UK & Europe. During his time as the Regional Credit Officer, Africa, he also served on the Board of Standard Chartered Mauritius. He joined the bank as a Corporate Banking Relationship Manager and had a number of roles in the business before moving to Risk.

Before joining Standard Chartered, Ian worked at Chase Manhattan Bank and Bear Stearns in various Corporate and Investment Banking roles. He also served in the British Army for 5 years after leaving Oxford University where he studied Law.

Ian is married and has two daughters. His hobbies include travel and trekking.

Bisi Lamikanra was appointed as a Non-Executive Director of Standard Chartered Bank Nigeria Limited in March 2021.

Prior to her appointment, Bisi was a Partner and Head of Advisory Services in KPMG Nigeria, with responsibility for the Advisory Practice in Africa. She has over 36 years of professional experience, providing advisory services to various public and private sector clients including consumer/industrial markets, manufacturing, energy and natural resources, technology and financial services within Nigeria and across Africa. During her time with KPMG Nigeria, she pioneered and built several new service lines such as payment services, data analytics, digital transformation, customer solutions, amongst others.

Bisi is passionate about developing people and recently established a Non- Governmental Organisation focused on providing employability training to recent graduates. She studied Economics at the University of Lagos and is a Fellow of the Institute of Chartered Accountants of Nigeria.

Bisi is married with 1 child and is based in Lagos, Nigeria.

Dayo Omolokun is the Executive Director and Chief Financial Officer, responsible for leading the Finance function in Nigeria. As an organisational leader and key member of senior management, he balances the responsibilities of stewardship with business partnership; constantly improving shareholder value through strategy execution and business risks mitigation. He also manages investor and key regulatory relationships.

Dayo is a seasoned finance and banking professional with over two decades of multi-functional and international experience in Africa, Middle East and UK markets. In his immediate past role as Director of Financial Integration and Change Management at Atlas Mara, Dayo managed aspects of the organisation’s strategy to achieve growth through mergers and acquisitions. Prior to this, he worked for Standard Chartered in various roles in Nigeria, UK, Botswana and Ghana, during which he made specific contributions to the growth of the business as Country Chief Financial Officer and executed a global acquisition and integration project at the Group Head Office. He has also been an Independent Consultant to African Development Bank on Non-Sovereign Operations (private sector investments). He trained with Arthur Andersen Nigeria (now KPMG Professional Services) rising to the position of Audit and Business Advisory Manager.

Dayo earned an Executive MBA from Cass Business School, City, University of London (UK), and holds a Bachelor’s degree in Chemical Engineering from Obafemi Awolowo University, Ile-Ife (Nigeria). He possesses chartered accounting and tax qualifications. He is married with children.

‘Siji Adeyinka is the Executive Director and Head, Conduct, Financial Crime and Compliance  for Standard Chartered Bank Nigeria Limited (SCBN). He was appointed to the Board of Directors in April 2021.

Before joining the Bank, Siji was the Group Head of Internal Control and Compliance/ Chief Compliance Officer in First City Monument Bank (FCMB). Prior to that, he worked in various senior roles in Operations (Trade Services, Domestic Operations and Funds Transfer) at FCMB before becoming the Group Head of Operations and Technology. He also worked in Citibank Nigeria in the Financial Control Department where he commenced his banking career. Before banking, he started his career in PricewaterhouseCoopers as an external auditor and rose to the position of an Audit Senior.

In SCBN, he is responsible for managing Regulatory and Compliance risk. As Head, Conduct, Financial Crime and Compliance, he also is responsible for managing the Financial Crimes risk (Anti-Money Laundering/Combating the financing of terrorism, Anti-Bribery and corruption and also Sanctions risks).

Siji is a graduate of Economics from the University of Wolverhampton, UK and has 25 years banking experience. He is a Fellow, Institute of Chartered Accountants of Nigeria (ICAN) and an Associate member of the Chartered Institute of Taxation of Nigeria (CITN) and a Fellow of the Compliance Institute of Nigeria (CIN). He is also an Honorary senior member of the Chartered Institute of Bankers in Nigeria (HCIB).

He was Vice Chairman of the Committee of Chief Compliance Officers of Banks in Nigeria (CCCOBIN) a body responsible for promoting interface and cooperation between banks and regulators.

Sola Mabadeje is Head, Legal and Company Secretary for Standard Chartered Bank Nigeria Limited.

In her role as Head, Legal, she is responsible for the strategic identification, mitigation and management of legal risks for the Bank. As Company Secretary, she is responsible for ensuring that proper corporate governance structures are in place and that the Bank complies with statutory and regulatory requirements in Nigeria.

She is a seasoned legal professional with over 20 years’ experience and has advised financial institutions and large corporations on complex legal matters, commercial and capital market transactions and corporate governance issues. Prior to joining Standard Chartered Bank Nigeria Limited in 2018, Sola was the Corporate Governance Executive at Old Mutual Nigeria, where she led the Legal, Compliance and Company Secretarial teams from 2014 to 2017. Her career within the financial services industry started in 2002 when she joined Ecobank Nigeria Limited. She later moved to Standard Chartered Bank Nigeria Limited in 2009, where she rose to deputise for and acted as Head, Legal and Company Secretariat before her departure in 2014.

Sola holds a Law degree from the University of Buckingham, a Master’s degree from the University of London and is called to the Nigerian Bar. She is an Associate of the Institute of Chartered Secretaries and Administrators and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria.