Adeyemi Adeola, CEO, Sterling Bank

Mr. Adeyemi Adeola currently serves as the Managing Director/Chief Executive Officer of Sterling Bank Plc – a role he has held since December 2007.

Born on 30th January, 1959, Mr Adeola obtained a Bachelor of Law degree from the University of Ife in 1982 and was subsequently called to the Nigerian Bar in 1983. He thereafter obtained a Master of Laws degree specializing in the Law of Secured Credit, Comparative Company Law and International Economic Law from the University of Lagos. He was at various times a University lecturer and a consultant with the firm of Price Waterhouse.

Mr Adeola commenced his banking career with Citibank in 1988 serving as Chief Legal Counsel & Company Secretary; later as Executive Director, Public Sector & Infrastructure Banking; and subsequently the Commercial Banking Segment. He left Citibank in 2003 to pursue the turnaround project of Trust Bank of Africa Limited (TBA), serving as the Deputy Managing Director between 2003 and 2005.

Upon the consolidation of TBA into Sterling Bank in December 2005, Mr Adeola assumed the role of Executive Director, Corporate and Commercial Banking and remained in that capacity until December 2007 when he was appointed as Managing Director/Chief Executive Officer of the Bank.

Mr Adeola is a fellow of the Chartered Institute of Bankers of Nigeria and has undertaken senior management/ executive education programs covering various business areas at leading international institutions like Harvard Business School, Stanford Business School, Oxford University and the Wharton School.


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