Jobs/Appointments
Ayodeji Adelagun to Lead Standard Chartered Operations in Nigeria
By Adedapo Adesanya
Top financial institution, Standard Chartered, has announced the appointment of Mr Ayodeji Adelagun as the Acting chief executive of its operations in Nigeria.
According to a statement, the appointment of Mr Adelagun is is a testament to the lender’s established culture of promoting excellence and leadership continuity whilst reinforcing the confidence of its esteemed stakeholders in the Nigerian financial industry.
The seasoned banker has been with the company for over 19 years and has over 26 years experience in the financial services sector spanning financial markets, banking operations, securities trading, foreign exchange trading, asset & liability management, commercial banking, risk management and credit.
He takes over from Mr Dalu Ajene, who was recently appointed as Africa CEO and Head of Coverage at Standard Chartered Bank.
Speaking on his appointment, Mr Ajene said, “We are pleased to announce the appointment of Ayodeji ‘Deji’ Adelagun as the Acting Chief Executive Officer of Standard Chartered Bank Nigeria Limited. Deji brings a strong track record of leadership, deep market insight and a clear vision for growth. With an extensive background in banking and finance, he brings a wealth of experience and expertise to lead our operations in Nigeria.”
“Standard Chartered remains committed to driving economic growth and supporting our clients in Nigeria. We are confident that under his leadership, the Bank will further deepen its impact in Nigeria and continue delivering exceptional service and innovative solutions to our clients,” Mr Ajene added.
Until his appointment, the appointee was the bank’s Executive Director for Financial Markets, and was credited with driving enhanced trading liquidity and good risk management practices for the bank. He was also actively involved in the development of both local and regional markets.
Speaking on his appointment, Mr Adelagun said, “I am deeply honoured to assume the responsibility of leading the bank’s strategic agenda in Nigeria at this pivotal time. Nigeria remains a priority market for the bank, and our recent recapitalisation, together with a refreshed strategy, clearly underscores this commitment. We will continue to support the country by facilitating foreign portfolio flows to help strengthen the economy, we intend to sustain our leading position in unlocking flows into the country.
“As a bank, the voice of our customers has always been central to how we operate, and we remain firmly focused on consistently exceeding the expectations of our diverse client base. Our distinctive strengths in cross-border transactions, alongside our Wealth and Affluent focus, remains central to our strategy.
“These areas give us a clear competitive advantage, and we will continue to grow the business by delivering differentiated solutions that meet our clients’ evolving needs.”
Mr Adelagun joined Standard Chartered in August 2007 as Head, Rates & Credit Trading and was tasked with the responsibility of setting up the Rates & Credit desk.
His experience prior to joining Standard Chartered, includes the banking operations, commercial banking and treasury departments of Access Bank Plc. He had previously worked with First Securities Discount House Limited (FSDH) now FSDH Merchant bank in 2003 where he was the pioneer bond dealer and was responsible for setting up and running the bond trading desk.
Speaking of taking the mantle from his predecessor, the new Acting CEO Nigeria added, “I have had the privilege of working closely with Dalu Ajene, who recently transitioned from the role of CEO Nigeria to lead our strategic agenda across Africa as the CEO of the Africa Cluster. This ensures a seamless continuation of our business momentum in Nigeria. Our Board is both strong and uniquely diversified, and I will continue to rely on their invaluable guidance and support to deliver on our priorities.’’
The acting CEO is a graduate of Economics from University of Ilorin, Nigeria. He holds an MBA from the prestigious Lagos Business School (LBS) and is an Alumnus of IESE Business School, Executive Management Programme. He has also attended executive management training at INSEAD. He is a honorary senior member of the Chartered Institute of Bankers of Nigeria (CIBN) and ACI Financial Markets Association and has various executive management and leadership certifications, including the Executive Management Training at INSEAD.
By Modupe Gbadeyanka
Mr Abel Olumuyiwa Enitan has been appointed by President Bola Tinubu as the new Head of the Civil Service of the Federation, effective August 27, 2026.
A statement issued by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, on Wednesday disclosed that Mr Enitan replaces Mrs Didi Esther Walson-Jack, who will retire soon from the Federal Civil Service upon attaining the statutory retirement age of 60.
Mr Tinubu thanked Mrs Walson-Jack for her distinguished service to the nation and for the reforms, impact and innovations witnessed in the civil service during her tenure.
He also wished her a fulfilling and successful life after service and conveyed the nation’s gratitude for her years of dedicated and impactful public service.
As for Mr Enitan, the President charged him to consolidate on the reforms and innovations already underway, deepen professionalism and efficiency across the service, and build a more effective and responsive civil service.
He further urged him to lead a civil service that is professional, merit-driven, accountable, innovative, and responsive to Nigerians’ needs and aspirations.
Mr Enitan, from Osun State, is the most senior Permanent Secretary in the Federal Civil Service. He has served as Permanent Secretary for seven years and seven months, working at the Ministry of Police Affairs, the Ministry of Humanitarian Affairs, and the Office of the Vice President. He is currently the Permanent Secretary in the Federal Ministry of Education.
He brings considerable institutional experience and a deep understanding of how the Federal Civil Service works to his new responsibility.
Mr Enitan was born on December 12, 1966. He had his secondary education at Ajibode Grammar School, Ibadan and the College of Arts and Science, Ile-Ife. He later attended the University of Lagos and graduated in 1988 with a BSc in Finance and Banking. In 2015, he obtained an MSc in Public Policy Analysis from Nasarawa State University, Keffi.
By Aduragbemi Omiyale
The board of FTN Cocoa Processors Plc has appointed Mr Wale Jubril as its interim chairman following the death of the former occupier of the position, Mr S.O. Oguntimehin, in March 2026.
The appointment of Mr Jubril was decided at the company’s board meeting held in July 2026, a statement from the organisation disclosed.
He will pilot the affairs of the organisation pending the appointment of a substantive chairman, a part of the notice submitted to the Nigerian Exchange (NGX) Limited stated.
The interim chairman of FTN Cocoa is a seasoned banker, chartered stockbroker and corporate executive with over three decades of professional experience spanning banking, capital markets, finance and corporate governance.
The Ijebu-Ode, Ogun State-born financial expert holds a Bachelor’s Degree in Industrial Relations from the University of Lagos, obtained in 1988, and three Master’s Degrees from the same institution in Marketing (1993), International Law and Diplomacy (1998), and Economics (1999).
He qualified as an Authorised Dealing Clerk of the Nigerian Stock Exchange in 1992 and became a chartered stockbroker in the same year. He subsequently built a career in banking and the capital market before joining Paints and Coatings Manufacturers Nigeria Plc in 2009 as Executive Director, Finance. In that capacity, he provided leadership in financial planning, project appraisal, pricing and negotiations, particularly in relation to major oil and gas projects and engagements involving Chevron, NLNG, Total and other industry participants.
Mr Jubril also contributed to the development of the company’s financial sustainability through strategic planning, policy development, departmental restructuring and financial management, and served on the company’s Planning and Policy-Making Committee of the Board.
In 2021, he joined Float Securities Limited, where he currently serves as the chief executive. He has also served as a non-executive director of FTN Cocoa since 2015.
In recognition of his extensive experience in the private and public sectors, he was appointed an independent non-executive director of Gateway Mortgage Bank, a mortgage bank wholly owned by the Ogun State Government, in November 2022.
By Aduragbemi Omiyale
Geregu Power Plc has sought the approval of the Nigerian Electricity Regulatory Commission (NERC) for the appointment of its acting chief executive, Mr Mohammed Sani Jaoji.
Mr Jaoji was selected by the board to lead the affairs of the organisation in an acting capacity with effect from Monday, August 17, 2026.
In a notice to the Nigerian Exchange (NGX) Limited, Geregu Power, which was recently in the news over a bond coupon payment default, noted that the appointment of an acting CEO followed the non-renewal of the term of the interim CEO, Mr Sean Manley, which ended on August 14, 2026.
The board expressed confidence that the appointment of Mr Jaoji will strengthen the governance structure and strategic direction of the company pending the appointment of a substantive CEO.
The board thanked Mr Manley for his service and contributions to the energy firm during his tenure and wished him success in his future endeavours.
Mr Jaoji holds a Bachelor of Engineering degree in Mechanical Engineering from Ahmadu Bello University, Zaria, and is a registered member of the Council for the Regulation of Engineering in Nigeria (COREN).
He brings over three decades of experience in the power sector, spanning technical and leadership roles at the National Electric Power Authority (NEPA) and Geregu Power Plc, where he served as Head, Maintenance Planning and Performance between 2007 and 2019. He subsequently served as Technical Assistant to the Minister of Power between 2019 and 2023, before returning to Geregu Power.
