Reports online
indicate that Arunma Oteh, the lady who sanitised SEC under Jonathan has
been appointed World Bank VP and Treasurer.
Reportedly under the recommendation of Aunty Ngozi.. Arunma Oteh is of Nigerian/ British
nationality. She is from Abia State. She studied at the University of
Nigeria in Nsukka, Nigeria, earning a first class honors degree in
Computer Science. She went on to the Harvard Business School where she
obtained a Masters Degree in Business Administration
I am pleased to announce the appointment of Arunma Oteh as VP and Treasurer of the World Bank.
Arunma, a Nigerian national, was most recently the Director General of
the Securities and Exchange Commission of Nigeria. Appointed to a
five-year term by the President of Nigeria in 2010, she led the
transformation of the country’s capital markets industry into a major
global presence. She was a member of the Board of the International
Organization of Securities Commissions (IOSCO) and the Chairperson of
the Africa Middle East Regional Committee of IOSCO.
Prior to
joining the Securities and Exchange Commission (SEC) of Nigeria, Arunma
was Group Vice President, Corporate Services, at the African Development
Bank Group (AfDB). In this role she oversaw a number of departments,
including human resources, information and communications technology,
and institutional procurement. From 2001 to 2006 she held the role of
AfDB Group Treasurer, where she led AfDB’s fundraising and capital
market activities across the world. Earlier roles at the AfDB, which she
joined in 1992, included trading room management, investment portfolio
coverage, and public sector lending. She also held other positions in
capital markets and lending during the course of her career at the AfDB.
Arunma began her career in 1985 at Centre Point, where she executed
debt and equity offerings in the Nigerian capital markets.
She
earned her Bachelor of Science in Computer Science from the University
of Nigeria and her Masters of Business Administration from Harvard
University.
As VP and Treasurer, Arunma will manage and
lead a large and diverse team responsible for managing more than $150
billion in assets. Her top priorities will be to: (i) maintain the World
Bank’s global reputation as a prudent and innovative borrower, investor
and risk manager; (ii) manage an extensive client advisory, transaction
and asset management business for the Bank; (iii) engage, in her
capacity as one of the World Bank’s key representatives ,
with outside stakeholders including global private sector financial
institutions, the financial media and the sovereign debt and reserve
managers in client countries, as well as ratings agencies; and (iv)
collaborate extensively with the Finance Partners throughout the WBG,
including with IFC and MIGA, expanding shared approaches, in particular
around innovative financing for development and for key new projects.
Ms. Oteh was selected to this position through an international competitive search. Her appointment is effective on September 28, 2015.
Jim Yong Kim
President
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Dosomething Fatherfather and 19 others like this.
Loveday Emeka Okwara
congrats...
Emillia Ojemudia
I've always admired this woman. Congratulations !!! Keep flying the Nigerian flag. @ least they gave us this as they didn't allow aunty Ngozi to become President...
Dunks Chuks
One
of the main reasons Nigerian women are emerging as world bank vise
president is a way to attract the big belled Nigeria political thieves
to invest their stolen billions in the bank that is why whenever a rogue
politician in Nigeria is caught they always have billions in world
bank.
Kolawole Olaniyi Sanya
Congrats