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Korede Adedayo: A Leader Par Excellence
If there is one word that best fits the description of Korede Adedayo, it is “performer.” And this attribute has stuck with him from his early days in the corporate world enabling him to rise to the highest corporate ladder in the financial services industry.

Korede Adedayo is currently the Managing Director/Chief Executive Officer of FirstTrust Mortgage Bank Plc. He did not attain this enviable height by a stroke of luck rather by dint of hard work, resilience, and dedication to duty. FirstTrust had emerged from the merger of two big mortgage banks - First Mortgages Limited (formerly FBN Mortgages Limited) and TrustBond Mortgage Bank Plc in September 2019 to become the largest mortgage bank in Nigeria today.

He started his career with the West African Examination Council (WAEC) in 1990 in the Computer Service Department. In his pursuit for excellence, he moved to the banking sector as a member of staff of the Card Marketing Unit of EIB International Bank (now Polaris Bank Limited) in 1997. He progressed to Indo-Nig Bank Limited (Now Sterling Bank Plc) where he headed the Product Development Unit in 2001. His contributions led to his transfer to the Business Development Unit as a Branch Manager. He was appointed the pioneer Chairman, General Awareness Generation and Marketing Committee (Smartcard Society of Nigeria) in 2003.

Adedayo was also in United Bank for Africa (UBA) and Keystone Bank (Bank PHB) as the Profit Center Manager and Team Lead, Commercial Banking Group, respectively. He subsequently moved to First Bank of Nigeria Limited in 2009 where he served as a Group Head, carrying out various managerial and leadership roles. Korede played a major role in building the Private Banking suite of the bank. He was also a pioneer member of the team that birthed Providus Bank.

As a seasoned banker with over two decades of managerial experience that cuts across notable banks in Nigeria, he has built versatility and core competences across Retail Banking, Credit Analysis, Consumer Banking, Wealth Creation and Management.

Following the divestment by FirstBank of Nigeria Limited from FBN Mortgages Limited, Korede was appointed the Managing Director/Chief Executive Officer of the mortgage bank in 2018. He also played a lead role in the successful merger between the erstwhile First Mortgages Limited and TrustBond Mortgage Bank Plc which resulted in the emergence of FirstTrust Mortgage Bank Plc where he currently serves as the Managing Director/Chief Executive Officer.

Adedayo is a graduate of Accounting from the Lagos State University. He is a member of the Institute of Directors (IODs); an Honorary Chartered Institute of Bankers of Nigeria (HCIBN). He is also sitting on the board of Mortgage Banking Association of Nigeria (MBAN) as a National Executive member. He is also sitting on the board of CIBN Press to mention a few. He has attended several executive trainings within and outside Nigeria including the renowned global business schools - INSEAD Business School, France and The Wharton School of the University of Pennsylvania, Philadelphia, USA.

He has also received many notable awards among which are the House of Representative Committee on Police Affairs “Ambassador for Peace and Unity Award”; Merit Award by his Community for his contribution to community development; Meritorious Service Award by Confluence New Watch, Kogi State; Okun Youth Ambassador of the Year by Okun Youth Association; 2nd ECWA Main Choir Egbe for his contribution to the choir development.

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