Board of Directors
The Board of Directors (“Board”) of the Nigeria Sovereign Investment Authority (“NSIA”) has been established to attain the objectives of the NSIA, as set out in the Act.
Board Director of First Bank of Nigeria Plc was born in Katsina in 1951. He attended Ahmadu Bello University Zaria, School of Basic Studies between 1973 and 1974, and between 1974 and 1977 he obtained a B.Sc. degree in Economics from the same University. He started his career in the New Nigeria Development Company (NNDC) Kaduna as an Investment Executive (1978 – 1980) and rose to the level of Principal Investment Executive between 1983 and 1985.
He served as Director on the Boards of Nidogas Ltd, Lagos, Nigeria, Ceramic Manufacturers Ltd, Kano, Nigeria; Cotton Agricultural Processors Ltd, Zaria, Nigeria; Dorman Long Amalgamated Engineering Co. Ltd. Lagos, Nigeria; Cement Company of Northern Nigeria Ltd, Sokoto; and Kano citizens Trading Co., Kano (a Textile Company).He was Assistant Director, Foreign Operations Department of the Central Bank of Nigeria (CBN) between 1985 – 1987.
He was a Deputy Governor, Central Bank of Nigeria in 1999. He was Chairman, Nigeria Security Printing and Minting Plc 2003. Member, Board of Directors, British – American Insurance Company Ltd, 1984 -1986; Member, FGN Budget Review Committee (1991 – 94); and Nigerian Government Representative in Liquefied Natural Gas (NLNG) project.
Uche Orji is the Managing Director/CEO of the Nigeria Sovereign Investment Authority. He brings a wealth of global experience in the financial services sector in his role as MD/CEO.
He joined the NSIA as CEO on October 2nd 2012, from Switzerland’s largest bank, UBS Securities, where he was Managing Director in the New York branch of its Equities division. Prior to his experience at UBS Securities, Uche Orji had also spent 6 years at JP Morgan Securities in London, from 2001-2006, rising from the post of Vice President to Managing Director within the Equities division. Prior to JP Morgan, Uche Orji was at Goldman Sachs Asset Management, London from 1998-2001, as analyst/portfolio manager. Uche Orji studied Chemical Engineering at the University of Port Harcourt, Nigeria, graduating in 1990, and also obtained an MBA from Harvard Business School in 1998. Prior to his Harvard MBA program, Uche Orji worked at Diamond Bank Plc., Lagos Nigeria and Arthur Andersen & Co. He also embarked on his National Youth Service Corp program in Bauchi, in 1991
Jide J. Zeitlin is an investor with interests in Asia, the Middle East, and Africa. He was a Partner at The Goldman Sachs Group, Inc., where he held a number of senior management positions in the investment banking division, including that of global chief operating officer. Mr. Zeitlin also served in the firm’s executive office. Mr. Zeitlin joined Goldman Sachs in 1987, became a Partner in 1996 and retired from the firm in December 2005.
Mr. Zeitlin is Chairman Emeritus of Amherst College and serves on the Board of Directors of Affiliated Managers Group, Inc. (controlling over $500 billion in assets under management) and Coach, Inc. (where he is lead independent director). He is or has been, a member of the boards of Milton Academy, the Harvard Business School Board of Dean's Advisors, Teach for America, Doris Duke Charitable Foundation, Montefiore Medical Center, Playwrights Horizons, Saint Ann’s School, and Common Ground Community.
Mr. Zeitlin holds an A.B. degree, magna cum laude, in Economics and English from Amherst College and an M.B.A. degree from Harvard University. Jide was nominated by the Obama White House to represent the U.S.A. on financial reforms at the United Nations.
Arnold Ekpe, 59, has deep experience and proven track record of banking, finance and investments in Africa.
He has served as Chief Executive of Ecobank and UBA, two of Africa’s leading financial institutions. He had previously established and headed Citibank’s Structured and Corporate Finance business in Sub-Sahara-Africa and was a partner at Capital Alliance, the leading private equity firm in West Africa.
During his career, Arnold, has led several landmark initiatives and transactions including leading Euromarket financings for leading South African banks and assisting African companies and governments in accessing financing on the Euromarkets.
As a two-time and longest–serving CEO of Ecobank, he was responsible for the transformation of the group from a West African bank to the first truly pan-African banking group. In between, he was responsible for turning around UBA in the early 2000s. He is acknowledged at being particularly effective at executing strategy.
Arnold holds a first class honours degree in Mechanical Engineering from Manchester University and an MBA from Manchester Business School and had previously worked in the oil and aluminum industries. He is a dual Nigerian and British national and is married with 3 children.
Mrs. Ibukun is currently the chairman of Intermarc Consulting Limited. She is the Founder ad Chairman of The Chair Centre Ltd, a market leader in the office furniture and banking security industries. She worked with Akintola Williams & Co. before establishing Qubees Limited in 1989 and The Chair Centre in 1997. Ibukun independently established an ultra-modern furniture facility - Furniture Manufacturers' Mart in Ikeja, Lagos in the latter part of 2006.
Recent additions to her entrepreneurial exploits are the expansion of The Chair Centre Ltd by opening outlets offices in Accra, Tinapa and Calabar. She is the host of a telecast, Business - His Way, where she shares ethical business values and principles, distilled from the word of God, with business people and professionals in Nigeria and neighboring countries. She recently bagged the International Women Entrepreneurial Challenges Award, courtesy of Manhattan Chambers of Commerce and the United States Government. She is married with three children
Hassan is the Managing Director and Chief Executive Officer, ASO Savings and Loans Limited. Prior to becoming CEO of ASO, Hassan served as Executive Director (Investments) at Abuja Investment and Property Development Company Ltd., the Federal Capital Territory’s premier development agency. He has also headed key units of the Bureau of Public Enterprises, including Petrochemicals and Gas, Transport Sector Reform and Telecommunications.
He worked with Citibank and the Financial Markets Division of Arthur Andersen S.C. London. He has served on the boards of major corporations, including NITEL.
Mrs. Ojekwe-Onyejeli joins the NSIA following a distinguished tenure as Director and Head of Operational Risk & Control at Barclays covering Emerging Markets and Africa. Prior to that, Mrs. Ojekwe-Onyejeli served as Vice President & Head of Quality Assurance, Africa at Citibank with direct oversight of the risk and control environment in 14 countries across Africa following a decade long career with Arthur Andersen & KPMG in South Africa and Nigeria.
A Federal Government of Nigeria Scholar and Institute of Chartered Accountants of Nigeria Prize Winner, she is a qualified Chartered Financial and Tax Accountant, who holds a first degree in Chemistry from the University of Lagos and a Masters Degree in Business Administration obtained from Cranfield School of Management in the UK
Olabisi Soyebo is a Partner in the law firm of Abdullahi Ibrahim & Co where she heads its Abuja office.
She attended the College of St. Elizabeth New Jersey USA from where she obtained a B.A (Hons) in Sociology in 1985. She subsequently proceeded to the University of Buckingham, Buckingham, England where she graduated with an LL.B (Hons) in Law in 1987. She was called to the Nigerian Bar in 1988 and has since been in active legal practice with Abdullahi Ibrahim& Co. She focuses her practice on complex civil/criminal appellate litigation and advises on commercial transactions including conveyance, corporate finance, capital markets, banking, labour, employment, and oil and gas. She was appointed a Notary Public in 1998 and was admitted to the Inner Bar as a Senior Advocate of Nigeria (SAN), (equivalent of a QC in England) in 2008.
Mrs. Soyebo is a Securities and Exchange Commission (SEC) approved capital market consultant. She is also a member of the Chartered Institute of Arbitration (UK).
Mr. Ackermann is the Chief Investment Officer of the Nigeria Sovereign Investment Authority. Until recently, he was an Assistant General Manager with Samba Capital in Riyadh, Kingdom of Saudi Arabia where he functioned as Chief Investment Officer and Head of Asset Management. In this regard, he was responsible for managing an asset pool of approximately US$10 billion invested across multiple asset classes.
Prior to Samba, he was co-founder and Principal of Monteverdi International Management LLC, in New York, USA. Previously, he was President and Managing Director of Deutsche Bank Investment Management Inc. in New York and was CIO and also responsible for several closed-end mutual funds listed at the New York Stock Exchange. Mr. Ackermann also served as President and Managing Partner of Eiger Asset Management and before that was CIO & Senior Portfolio Manager of Swiss Bank Corporation (UBS) in New York. Mr. Ackermann began his career abroad with Banque de L’Indochine et Suez in Paris, France.
Mr. Ackermann holds a B.S. in Business Administration from the Handelsschule Kaufmaennischer Verein in Basel, Switzerland. Mr. Ackermann is also a Chartered Financial Analyst (CFA)