New CBN Deputy Governor now NEXIM Bank Chairman

Dr Kingsley Obiora 1
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The Deputy Governor, Economic Policy Directorate, Central Bank of Nigeria (CBN), Dr. Kingsley Obiora has taken over as the Chairman of the Board of Directors of the Nigerian Export-Import Bank (NEXIM). This was disclosed in a statement yesterday, that was signed by the Head, Strategy & Corporate Communications, NEXIM Bank, Mr. Tayo Omidiji.

Obiora replaces Dr. Joseph Nnanna, who retired from the Bank’s board in February 2020.

With this appointment, the new chairman is expected to provide leadership to a multidisciplinary team of professionals that constitute the Board of NEXIM, towards ensuring that the Bank achieves its mandate of promoting economic diversification and development of the Nigerian non-oil export sector.

“Obiora will 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 Program” in 2007 and worked in both the European Department as well as the Strategy, Policy and Review Department of the Fund.

“Dr. Obiora served as Special Assistant to President Jonathan’s Chief Economic Adviser from October, 2011 to May, 2014 and was also the Special Adviser on Economic Matters to the Governor of the Central Bank of Nigeria (CBN) from June, 2014 to July 2018.

“A graduate of Economics from the University of Benin, Nigeria, Obiora also holds Masters and Doctorate degrees in Economics from the University of Ibadan, Nigeria,” the statement added.

The Managing Director/Chief Executive of NEXIM Bank, Abba Bello, welcomed the new chairman on behalf of the Board and the entire Management of the Bank and wished him a successful tenure in office.

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