Secretary-General of The United Nations, Ban Ki-moon has announced the appointment of Bola Adesola as a member of the board of the United Nations Global Compact.
Launched in July 2000, the United Nations Global Compact (UNGC) is a leadership platform for the development, implementation and disclosure of responsible and sustainable corporate policies and practices.
The UNGC works to align business operations and strategies everywhere with 10 universally accepted principles in the areas of human rights, labour, environment and anti-corruption. With over 8,000 corporate participants in more than 150 countries, the UNGC is the world’s largest voluntary corporate sustainability initiative.
Bola Adesola is the only Nigerian and one of two Africans on the board. Other board members include Marilyn Carlson-Nelson, CEO Carlson Holdings, owners of the Radisson Hotels brand, Paul Polman, Group CEO, Unilever and Colbus De Swardt, CEO, Transparency International.
Bola worked in corporate legal practice after she graduated from Buckingham University with a degree in Law in 1984, then began her banking career at Citibank Nigeria in 1990, and grew into different management positions including Country Treasurer of Citibank Tanzania. She is an alumni of the Harvard Business School and Lagos Business School.
She served for five years as Executive Director of First Bank and as Managing Director of Kakawa Discount House Nigeria from 1999. She has been the Chief Executive of Standard Chartered Bank Nigeria Limited since March, 2011, a position she occupies as the first female MD/CEO . She is a Trustee of Nigeria’s Financial Markets Dealers Association
She serves on the board of Fate Foundation, Nigeria’s leading not-for-profit SME incubator and is a member of the Nigeria National Competitiveness Council, a private-public effort aimed at enhancing the productivity of businesses operating in Nigeria supported by the Federal Government. She is a co-founder of Women in Business and Management (WIMBIZ), Nigeria’s foremost women-oriented network in addition to chairing the Central Bank of Nigeria’s committee on Economic Development, Sustainability and Gender.