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Bola Adesola

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Nigerian businesswoman

Harriet-Ann Omobolanle (Bola) Adesola is the senior vice-chairman at Standard Chartered Bank Group where she was previously the CEO of Standard Chartered Bank for Nigeria and West Africa. Adesola has over 33 years of experience in the banking sector.

Education and career

Bola Adesola commenced her banking career with Prime Merchant Bank, where she served as Treasury Officer before moving to Citibank in 1990. While at Citibank she held several Treasury roles in, including Country Treasurer for Citibank Tanzania between 1995 and 1997. Her nine years with Citi included other senior management roles for nine (9) years in Nigeria.

In 1999, Bola was headhunted and appointed Managing Director/Chief Executive Officer of Kakawa Discount House Limited, a securities trading and asset management firm owned by a consortium of the biggest banks in Nigeria at that time.

Bola was approached to join the board of Nigeria’s premier bank, First Bank of Nigeria Plc, in 2005 and was appointed Executive Director, Corporate Banking Thereafter she became Executive Director, Lagos Directorate for the bank. She also served as Director on the boards of FBN Capital Limited, and FBN Trustees Limited.

In 2011, Standard Chartered Bank Nigeria Limited appointed Bola as the first Nigerian, and first female CEO. Bola’s portfolio for Standard Chartered Bank was expanded in 2015 to include the Group’s business in West Africa. She also served on the boards of Standard Chartered Bank in Ghana, Cameroun, Cote D’Ivoire, respectively, and Bola was Chairman of Standard Chartered Bank, Mauritius.

After 8 years of firmly embedding sustainable profitability for the bank, and championing the growth and development of African talent for the bank, Bola was appointed Senior vice-Chairman, Africa for Standard Chartered Bank. In May 2021, Mrs Adesola retired from Standard Chartered Bank after 10 years of impactful service.

In July 2021, Mrs Adesola was appointed to the board of Ecobank Nigeria Limited as Chairman. She has also been Chairman, Lagos State Employment Trust Fund (LSETF) since July 2020. As board member of Imperial Logistics Plc, a shipper listed on the Johannesburg Stock Exchange, Bola also serves on the Board Social, Ethics & Sustainability Committee.

She is an alumnus of Harvard Business School and Lagos Business School, where she is the immediate past-President of the Alumni Association. Bola holds a Law degree from the University of Buckingham, UK and is an Associate of the Chartered Institute of Arbitrators, U.K. and Nigeria.

She is an Honorary Fellow and former Council Member of the Chartered Institute of Bankers Nigeria, a founding Trustee of Financial Markets Dealers Association, and has served on the boards of Nigeria Interbank Settlement Systems Plc and the Financial Institutions Training Centre. Bola is also past Chair of the Bankers’ Committee sub-Committee on Economic Development, Sustainability and Gender (Nigeria). She is also a member of the Institute of Directors and of Women Corporate Directors.

Bola’s keen interest in FinTech led to her appointment on the Board of Trustees of the FinTech Association of Nigeria. In 2001, Bola co-founded Women in Management, Business and Public service (WIMBIZ) and she currently serves on the WIMBIZ Board of Trustees.

In 2015 she was appointed to the United Nations Global Compact (UNGC) Board by the UN Secretary General, Ban Ki Moon and as Co Vice-Chair of the Board in February 2018. Bola is married and is the proud mother of twin girls. She is an avid reader, extensively travelled, and an art enthusiast.

Honors and activities

Financial Markets Dealers Association - Trustee and Executive Board Member Central Bank of Nigeria Bankers’ Committee on Economic Development, Sustainability and Gender - Chairperson United Nations Global Compact – Member, 2018 United Nations - Director, 2015 Nigeria National Competitiveness Council - Executive Member, 2013 Lagos Business School Alumni Association (LBSAA) - Vice President, Fate Foundation - Board Member Women in Business and Management (WIMBIZ) - Co-founder and Former Chairperson, 2001

References

  1. "Standard Chartered appoints Bola Adesola as Senior Vice Chairman, Africa". 11 January 2019. Archived from the original on 29 March 2019. Retrieved 8 March 2019.
  2. "Standard Chartered Bank appoints Nigeria CEO". 27 December 2018. Archived from the original on 31 May 2019. Retrieved 31 May 2019.
  3. "Annual Report INNER 16" (PDF). Retrieved 2019-05-31.
  4. "Ms. Bola Adesola of Nigeria - Vice Chair of the Board of the United Nations Global Compact". United Nations Secretary-General. 20 April 2018. Archived from the original on 25 July 2018. Retrieved 11 March 2019.
  5. "Standard Chartered MD, Bola Adesola joins UN Global Compact Board". 20 July 2015. Archived from the original on 26 October 2017. Retrieved 11 March 2019.
  6. "This website is currently unavailable". host424.hostmonster.com. Archived from the original on 2019-06-25. Retrieved 2019-05-31.
  7. "You searched for bola adesola". Archived from the original on 2019-05-31. Retrieved 2019-05-31.
  8. Onukwuba, Henry O. (7 June 2018). Alumni Leadership and University Excellence in Africa: The Case of Lagos Business School. Springer. ISBN 9783319782898 – via Google Books.
  9. "Bola Adesola - - FATE Foundation".
  10. "Bola Adesola - WIMBIZ". Archived from the original on 2019-03-29. Retrieved 2019-03-11.
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