Alayande Appointed as GLEIF Non-Executive Director

Sunday Okobi

The Global Legal Entity Identifier Foundation (GLEIF) has announced significant developments within its board of directors(BoD) including the appointment of an international development economist, technology investor and financial services executive,  Dr. Folarin Alayande,  as a non-executive director.

It stated that these developments  align with GLEIF’s strategic priority of enabling digital trust for enterprises worldwide.

The statement issued and made available to journalists  by the Group Principal Consultant, ADSTRAT BMC Limited, Dr. Charles O’Tudor, said with a track record spanning over two decades, Alayande will bring a wealth of expertise in corporate transformation, digital technologies, and finance to the board.

Commenting,  Chair of GLEIF BoD,  T. Dessa Glasser, said:  “In addition to Dr. Folarin Alayande’s appointment, GLEIF has made three additional appointments to its BoD.

“These new members bring diverse expertise from various sectors and markets, further enriching the strategic vision and governance of the organisation.

“We warmly welcome the talent and experience that these new members bring to the organisation.”

According to the statement,  GLEIF remains dedicated to expanding the Global Legal Entity Identifier (LEI) system and its digital engagement initiatives.

“Recent developments include the launch of the verifiable LEI (vLEI), a digitally verifiable counterpart to the LEI. Furthermore, GLEIF has extended its presence beyond Europe with the opening of offices in North America, Japan, and Singapore.

“Alayande is an international development economist, technology investor, and financial services executive. With a track record of over two decades in corporate transformation, he has advised and worked with global and emerging market corporations at the intersection of digital technologies and finance.

“He was educated at The London School of Economics in Finance and Accounting. Dr. Alayande has held leadership roles at Accenture and served as the Chief Strategy Officer of FBN Holdings Plc.

“He has also served in the presidency of the Federal Republic of Nigeria as a Senior Special Assistant to the President on Economic Recovery and the coordinator of the Economic Plan Implementation Unit.

“He is currently the vice president, Public Sector, Eastern Europe, Middle East and Africa at Mastercard,” it added.