The Alternative Bank
Korede Demola-Adeniyi is an experienced banking professional currently serving as a Board Member and Executive Director at The Alternative Bank, focusing on non-interest banking since February 2024. With a career spanning over three decades, Korede has held significant roles at notable organizations, including Old Mutual General Insurance as a Non-Executive Director, and Ecobank, where roles included Head of Consumer Banking and Group Head of Personal Banking. Responsibilities included directing large teams, managing substantial operational budgets, and driving strategic initiatives to enhance performance and product offerings. Korede's educational background includes a Master's degree in Economics from the University of Lagos and a Bachelor's degree in Economics from the University of Benin.
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The Alternative Bank
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We at The Alternative Bank believe that everyone should have a viable and credible alternative to the conventional banking model. Our solutions are borne out of a detailed customer value architecture where we create specific offers to assist with your financial needs. We commenced operation in January 2014 following the granting of Sterling Bank’s license to offer non-interest banking (NIB) services as a window by The Central Bank of Nigeria We are dedicated to ensuring adherence to Non-Interest Banking principles through the appointment of an Advisory Committee of Experts (ACE). The ACE is tasked with the review and approval of all our products and processes after ensuring full compliance with NIB principles. Welcome to the Alternative, where you are not a customer, you are a partner.