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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 Korean Peninsula and shares borders with China and Russia to the north, at the Yalu (Amnok) and T ...
for two decades from 1995.


Early life

He was educated at the
University of Edinburgh The University of Edinburgh ( sco, University o Edinburgh, gd, Oilthigh Dhùn Èideann; abbreviated as ''Edin.'' in post-nominals) is a public research university based in Edinburgh, Scotland. Granted a royal charter by King James VI in 15 ...
.


Career

He worked for
Hongkong and Shanghai Banking Corporation The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong K ...
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 Pyongyang (, , ) is the capital and largest city of North Korea, where it is known as the "Capital of the Revolution". Pyon ...
, 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 Expatriates in North Korea