Kingsley Obiora named NEXIM Bank chairman

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Kingsley Obiora named NEXIM Bank chairman
Kingsley Obiora named NEXIM Bank chairman

The federal government has appointed Kingsley Obiora as the Chairman of the Board of Directors of the Nigerian Export-Import Bank (NEXIM).

Obiora replaces Joseph Nnanna, who retired from NEXIM Board in February 2020.

Tayo Omidiji, NEXIM Head of Corporate Communications, made the announcement in a statement.

Obiora is expected to ensure that the bank achieves its mandate of promoting economic diversification and development of the Nigerian non-oil export sector.

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He had worked with the International Monetary Fund (IMF) in both the European Department as well as the Strategy, Policy and Review Departments.

Obiora served as Special Assistant to President Goodluck Jonathan’s Chief Economic Adviser from October 2011 to May 2014.

He was the Special Adviser on Economic Matters to the Governor of the Central Bank of Nigeria (CBN) from June 2014 to July 2018.

Obiora is currently the Deputy Governor (Economic Policy), of the Central Bank of Nigeria, a position he occupied in March 2020.

A graduate of Economics from the University of Benin, Obiora holds Masters and Doctorate degrees in Economics from the University of Ibadan.

In his remarks, the Managing Director of NEXIM Bank, Abba Bello, wished the board chairman a successful tenure in office.

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