Nigel Cowie
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Nigel Cowie is a British banker, who lived in
North Korea North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and borders China and Russia to the north at the Yalu River, Yalu (Amnok) an ...
for two decades from 1995.


Early life

He was educated at the
University of Edinburgh The University of Edinburgh (, ; abbreviated as ''Edin.'' in Post-nominal letters, post-nominals) is a Public university, public research university based in Edinburgh, Scotland. Founded by the City of Edinburgh Council, town council under th ...
.


Career

He worked for
Hongkong and Shanghai Banking Corporation HSBC Holdings plc ( zh, t_hk=滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business li ...
before moving to North Korea. North Korean official,
Kim Chol-sam Kim Chol-sam (born 11 March 1971) is a North Korean banker, the treasurer of Daedong Credit Bank (DCB). Kim Chol-Sam and British banker Nigel Cowie created a shell company called "DCB Finance" to circumvent sanctions, help sell arms, and expand ...
and Cowie created a shell company called "DCB Finance" to circumvent sanctions, help sell arms, and expand its nuclear weapons programme. Cowie was also CEO of
Daedong Credit Bank Daedong Credit Bank (DCB; ) is a North Korean bank, established in 1995, and based in the country's capital, Pyongyang. DCB has been on the US Treasury sanctions list since June 2013, for "its role in supporting Pyongyang's weapons of mass dest ...
, which was placed under sanctions. Cowie is a director of Phoenix Commercial Ventures Limited, a North Korean project finance company.


References

{{DEFAULTSORT:Cowie, Nigel British bankers Living people Year of birth missing (living people) Alumni of the University of Edinburgh British expatriates in North Korea