Obiora Appointed New Chairman Of NEXIM Board

Oru Leonard

Kingsley Obiora, deputy governor, Central Bank of Nigeria, CBN, has been appointed the chairman of the Board of Directors of the Nigerian Export-Import Bank (NEXIM), to replace Joseph Nnanna, who retired from NEXIM Board in February 2020.

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

Kingsley became deputy governor in charge of Economic Policy in CBN in March 2020, having been appointed by the president and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria.

He had before now 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.

The appointment of Mr Obiora will add to the existing professionalism in NEXIM bank towards ensuring that the bank achieves its mandate of promoting economic diversification and development of the Nigerian non-oil export sector.

Mr Obiora’s wealth of experience as a seasoned economist and technocrat is also expected to increase the performance and profile of NEXIM having been with 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.

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