standard chartered bank zambia appoints andrew okai as new chief executive officer

Standard Chartered has appointed Mr. Andrew Okai as CEO of Standard Chartered Bank in Zambia. 

Mr okai is currently Head of Consumer Banking at Standard Chartered Bank in Ghana, where he led a significant improvement in business performance, doubling the consumer bank’s operating profit and winning the Bank’s Global Consumer Banking Award for Best Business Performance in 2012.

Mr okai brings valuable expertise from both wholesale and consumer banking, having worked in Ghana, South Africa and Hong Kong. 

Prior to running consumer banking in Ghana, Andrew was Regional Head of Banks for Transaction Banking, Africa, based in Johannesburg, where he oversaw the successful integration of Standard Chartered’s acquisition of American Express Bank. 

Before this, mr okai was in Hong Kong, where he coordinated the Bank’s “Out serve” Programme, which led to significant improvements in service delivery and secured the Hong Kong Industry Awards for Service Excellence. 

Mr okai’s outstanding talent was identified early on in his banking career, when he was appointed a member of the ‘Emerging Leaders’ campaign sponsored by Standard Chartered’s Group Chief Executive. 

he also chairs the Board of the Donewell Life Company Limited, a life insurance company in Ghana. 

Mr okai holds Masters degrees in Business Administration and Food Processing Technology and is also a Full Member of The Chartered Institute of Bankers in Scotland.

Mr. Okai will take up his new role on 1 September and will only be permanently based in Zambia once the work permit has been issued.

Commenting on the appointment, Michael Mundashi SC, Chairman of Standard Chartered Bank Zambia said:  “I am delighted to announce Mr. Andrew Okai’s appointment as the new CEO of Standard Chartered Bank Zambia. 

Mr okai is a very talented individual with extensive experience in the banking sector.

Having worked for Standard Chartered Bank for over 15 years, Andrew brings a vast amount of knowledge to our great local team - we are looking forward to him leading the Bank to even greater heights”.