The Board and Management of Standard Chartered Bank are pleased to announce the appointment of Bola Adesola as Senior Vice-Chairman, Africa effective immediately following Statutory and Regulatory approvals. In this new capacity, Bola will be responsible for supporting the execution of the Bank’s strategic intent within the Africa region, including representing Standard Chartered Bank on various Boards in Africa. She will also lead as the Group’s Senior Banker on key relationships and transactions. Bola joined the Bank in March 2011 as the CEO OF Nigeria and subsequently became the CEO for Nigeria and West Africa in 2015. Prior to joining the bank, Bola was Executive Director, Corporate Banking in First Bank of Nigeria Plc, Nigeria’s biggest bank, and she also had oversight of the retail and commercial banking business in Lagos. Previously, she was CEO of Kakawa Discount House, Nigeria, a securities trading company where she drove record business performance. She also worked in Citibank for nine years in senior leadership roles in Nigeria and Tanzania.
Called to the Nigerian Bar in 1985, Bola has over 30 years of banking experience and expertise. Bola is an Honorary Fellow of the Chartered Institute of Bankers Nigeria (CIBN), sits on the board of the Nigerian Interbank Settlement Systems Plc, and also chairs the Central Bank of Nigeria Bankers’ Sub-Committee on Economic Development, Sustainability and Gender. She was appointed to the Board of the United Nations Global Compact in 2015 and appointed as the Co Vice-Chair of the Board in 2018. In Standard Chartered, Bola is a member of the Global Diversity and Inclusion Council, and is actively involved with women’s networks across the bank. She also sits on the boards of Standard Chartered in Ghana and Cote D’Ivoire respectively.
Bola will be succeeded by Lamin Manjang as Chief Executive Officer (CEO) Nigeria and West Africa, subject to Statutory and Regulatory approvals. Lamin joined the Bank in 1999 and has over the past 19 years, built up extensive experience including Cluster CEO for Kenya and East Africa, and CEO in Oman, Uganda and Sierra Leone. Kariuki Ngari replaces Lamin as the Chief Executive Officer (CEO) Kenya, subject to Statutory and Regulatory approvals. Kariuki brings 23 years of banking experience, having served more recently as Group Head, Service Quality in Group Retail Banking. Prior to this, he was Global Head, Retail Distribution, Head of Consumer Banking Kenya and East Africa, and Regional Head, Retail Banking, Africa. The appointment of Cluster CEO, East Africa will be announced in due course.
Sunil Kaushal, Regional CEO, Africa and Middle East, Standard Chartered Bank said: “In Africa and Middle East we have made investments in our people both in their career and personal development, and continue to support our People Strategy to build a high-performance culture through an integrated approach to talent and succession planning. These changes ensure a smooth and orderly succession which will allow us to continue our unrelenting focus on delivering our strategy and capturing opportunities across the region
Liverpool Football Club and Standard Chartered Bank are pleased to announce a four-year extension to their main sponsor agreement, taking the Bank’s partnership with the Club through to the end of the 2022/23 season. The Bank first signed up as the Club’s main sponsor in July 2010, and the agreement was extended in 2013 and again in 2015. Financial terms of the agreement remain confidential. Liverpool FC has a large number of fans across Standard Chartered’s core markets in Asia, Africa and the Middle East and the sponsorship provides the Bank with an opportunity to accelerate visibility of its brand, improving recognition across key markets around the world.
Additionally, over the last eight years Standard Chartered and Liverpool FC have used their partnership to support a number of the Bank’s sustainability and community investment programmes. The annual ‘Perfect Match’ game – where LFC players swap the Standard Chartered logo on their shirts for the Seeing is Believing logo – has raised more than USD480,000 to tackle avoidable blindness. Billy Hogan, Managing Director and Chief Commercial Officer, Liverpool Football Club said: “As a Club we’re very proud to have Standard Chartered renew their relationship for another four years. Our connection runs deep, it means more than just sponsorship, from the outset it has been about working together with the Club and our communities and supporters around the world. “Importantly, it also means we are able to support our ambitions on the pitch and compete with the best in the world. We have enjoyed many highlights of this relationship so far and I look forward to many more.”
Bill Winters, Group Chief Executive, Standard Chartered, said: “Liverpool FC is one of the world’s best-known football clubs and we are proud to be associated with them. It is a fantastic club that shares many of our values and is hugely popular across our global footprint. Our partnership has provided valuable support to the charitable initiatives close to our hearts and has helped us to further engage with our clients and staff as well as with LFC fans. We are excited to be able to continue this partnership, and look forward to building on our successful relationship.”
UN Secretary-General appoints Bola Adesola, CEO, Standard Chartered Bank Nigeria, as new UN Global Compact Board Vice-Chairs
(New York, 20 April 2018) – UN Secretary-General António Guterres announced the appointment of Bola Adesola to serve as a new Vice-Chair of the Board of the United Nations Global Compact. She will co-Vice Chair with Paul Polman
Bola Adesola succeeds the out-going Vice-Chair of the UN Global Compact Board, Sir Mark Moody-Stuart, former Chairman of Royal Dutch/Shell Group of Companies and of Anglo American plc.
Adesola and Polman previously served on the UN Global Compact Board, and bring significant expertise to the role from their wealth of experience in the private sector, the corporate sustainability space and specifically with the UN Global Compact itself.
Adesola is the Chief Executive Officer and Managing Director of Standard Chartered Bank Nigeria Ltd , a role she has held since 2011. She has over 25 years of banking experience, having held various leadership positions in First Bank of Nigeria, Citibank and Kakawa Discount House. Adesola is an alumnus of Harvard Business School and Lagos Business School, and she also holds a Law degree from the University of Buckingham.
Adesola and Polman have been long-standing supporters of the UN Global Compact, and were both featured at UN Global Compact events held during the 72nd Regular Session of the UN General Assembly in 2017.
In her address to the United Nations Private Sector Forum on 18 September, Adesola said,
“I urge the companies present here to look at your businesses, map them to the SDGs, and then see how you can enhance those activities and play to your strengths, because, I think, it’s all about impact, and everything we do counts — whether it’s paper, whether it’s light — they all count.”
The UN Global Compact Board has a vital role to play in shaping the strategy and policy of the initiative, which acts as the United Nations flagship for responsible business action. Designed as a multi-stakeholder body, the Board provides ongoing strategic and policy advice for the initiative. Board members are considered champions who are willing and able to advance the mission of the UN Global Compact to mobilize a global movement of sustainable companies and stakeholders to create the world we want. They act in a personal, honorary and unpaid capacity.
Secretary-General António Guterres serves as Chair of the UN Global Compact Board, having assumed the role in conjunction with his appointment as Secretary-General in 2017 following the tenure of Ban Ki-moon. Going forward, he will work closely with Adesola and Polman, along with UN Global Compact CEO & Executive Director Lise Kingo, as they lead the UN Global Compact — the entry point for business within the broader United Nations system and the largest corporate sustainability initiative in the world.
To commemorate Liverpool Football Club’s 125th anniversary, Principal Club Sponsor Standard Chartered is today launching a season-long digital campaign which celebrates the power of numbers. The bank will take Liverpool FC fans on a journey to understand the meaning of significant numbers in LFC’s history. This will be told through a series of films as well as a unique 360° audio match-day experience. It will also feature interviews with Reds Manager Jürgen Klopp as well as LFC Legends, current First Team players and fans from around the globe.
Beginning with Number 8, ‘The Captains’, this video will look at the significance of captaincy and how leadership makes a lasting impact, with a specific focus on Steven Gerrard and the impact he had as LFC Captain. Karen Fawcett, CEO, Retail Banking and Group Head of Brand & Marketing at Standard Chartered, said, “Liverpool FC have had some phenomenal players and moments during their 125 year history that have contributed to them becoming one of the most successful English football clubs of all time. This special anniversary is a great opportunity for us to celebrate that success with them.
With the launch of our #8 video, we want to highlight the power of leadership, showcasing how one person can make a positive impact on the people around them, and then go on to achieve success together as a team.”
Billy Hogan, Chief Commercial Officer and Managing Director at Liverpool Football Club, added, “This is a fantastic campaign that uses some really great content. Standard Chartered have really created something our fans will love and won’t have seen before, and we thank the bank for helping us celebrate our 125th birthday in such an exciting and innovative way.”
- #8 The Captains video: https://www.youtube.com/watch?v=URpbQJ4W8bA
- 125 Numbers Campaign trailer: https://www.youtube.com/watch?v=PjwGyu0AtMY
- 125 Numbers Campaign website: sc.com/lfc125
Nigeria is to be represented at the regional circuit of the ongoing Standard Chartered Bank’s Road to Anfield five-a-side competition by Super Seven FC.
Super Seven bagged the ticket to the regional final in Accra, Ghana after defeating Dobber FC 6-5 in a penalty shoot-out at the Astro Turf ground in Lekki, Lagos. Neither of the two sides could end the scoreless deadlock at regulation time. Also to join Nigeria and host Ghana at the Accra soccer fiesta is The Ghana. The three are to battle for the West African ticket to Anfield in the UK where the winners of the East and Southern African regions will also play.
According to the Sub-Regional Head, Brands & Marketing, West Africa of Standard Chartered Bank, Diran Olojo, the ‘Standard Chartered Trophy’ is an international five-a-side football tournament organised by the bank in partnership with Liverpool FC.
“It offers football fans a once in a life time, money can’t buy, opportunity of playing at an English Premier League football pitch as well as been coached by Liverpool FC’s Manager, Brenda Rodgers,” observed Olojo at the trophy presentation at the weekend.
Standard Chartered’s global footprints will compete for the ultimate trophy on May 7 and 8, 2015. The winners of the ‘Finals’ will be crowned overall champions of the ‘Standard Chartered Trophy 2015’.
Also speaking at the end of the national final last Sunday, Country Head, Corporate Affairs, Standard Chartered Bank, Nigeria, Dayo Aderugbo, expressed her happiness at the level of performance of the players and the huge turnout of football fans.
“I am so excited with the level of performance. We have a huge turnout. 36 teams registered and contested in the championship. So, regardless of the club you support, it’s a chance to come together and win together and go and play in Anfield, the home of Liverpool FC,” she noted with excitement.