Dr. Fred Olayele’s diverse career spans academia, banking, government, management consulting, and international development. A distinguished economist and public policy expert, he has consulted widely and advised many public and private organizations in Canada, United States, and Africa. His research and practice focus on trade policy, innovation, FDI, urban policy, and inclusive development. He has published and shared best practices in these areas at numerous conferences and institutions around the world. As Chief Economist with the New York Economic Development Corporation, he oversees economic research and policy initiatives aimed at making New York the global model for inclusive growth and innovation. His work cuts across the public, private, philanthropic, and academic sectors.
Professor Olayele has taught several graduate and undergraduate courses in strategy, public policy, theoretical economics, and applied economics at Carleton University and the University of Regina, both in Canada. He is a Visiting Professor of Trade and Development at the University of Las Palmas de Gran Canaria in Spain. He was a Visiting Scholar at the World Trade Institute in Bern, Switzerland; he has served as a visiting professor and guest speaker at many universities and academic institutions abroad.
Prior to academia, he held several economic policy positions and advised the Canadian provincial governments of British Columbia and Saskatchewan in the FDI, economic development, and energy policy domains. He also consulted and oversaw the design and implementation of a Canada-wide market entry strategy and export readiness validation to help Canadian firms’ internationalization efforts. Earlier in his career, he was a Global Trade Analyst with Citigroup.
A results-oriented leader, he serves on various non-profit boards and supports many social causes. He is the President of Ottawa-based Economic Innovation Institute for Africa; he sits on the International Advisory Board of the International Economic Development Council in Washington, D.C.