Banking Finance

NEXIM bank gets new Chairman — Official

The Nigerian Export-Import Bank (NEXIM) on Wednesday received a new Chairman of the Board of Directors of the bank,  Dr Kinsley Obiora.

A statement issued by Mr Tayo Omidiji, Head, Strategy and Corporate Communications of NEXIM, said that Obiora replaced Dr Joseph Nnanna, who retired from NEXIM Board in February.

Omidiji said with the appointment, Obiora would provide leadership to a multidisciplinary team of professionals of NEXIM board toward achieving the bank’s mandate.

He listed NEXIM mandate to include promoting economic diversification and development of the Nigerian non-oil export sector.

He said: Obiora would bring to bear his wealth of experience as a seasoned economist and technocrat, having joined the International Monetary Fund (IMF) through the globally-competitive ‘Economist Programme’ in 2007.

“He worked in both the European Department as well as the Strategy, Policy and Review Department of the Fund.

“The Managing Director/Chief Executive of NEXIM Bank, Mr Abba Bello, welcomes him on behalf of the Board and the entire management of the bank, and wishes him a successful tenure in office.”

Obiora is currently the Deputy Governor (Economic Policy) of the Central Bank of Nigeria (CBN), a position he occupied in March, following his appointment by the President Muhammad’s Buhari.

He is a graduate of Economics from the University of Benin, Nigeria and also holds Masters and Doctorate degrees in Economics from the University of Ibadan, Nigeria.


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