Friday, January
18, 2019 02:15 PM / NSE
Ecobank Transnational Incorporated (ETI), parent
company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of
Directors as a Non-Executive Director.
Ms. Oteh recently joined Oxford University as an
Academic Scholar at St. Antony’s College and an Executive-in-Residence at SAID
Business School. Her research areas of focus are capital markets, development
and financial technology. She was Treasurer of the World Bank from 2015 to 2018
where she led a team that managed the World Bank’s $200 billion debt portfolio
as well as an asset portfolio of $200 billion for the World Bank and 65 central
banks and other public sector clients. She was also responsible for an
extensive public sector financial advisory business and back office operations,
administering payments of over $7 trillion.
Prior to joining the World Bank, Ms. Oteh was Director
General of the Securities and Exchange Commission (SEC), Nigeria from 2010 to
2015. During this period, she led the rebuilding of the Nigerian capital
markets after the global financial crisis and served on Nigeria’s Economic
Management team. Previous to SEC Nigeria, she worked at the Africa Development
Bank for 17 years in a variety of roles including Group Vice President,
Corporate Services (2006 to 2009) and Group Treasurer (2001 to 2006). Her
career in Finance started at Centre Point Investments Limited, Nigeria in 1985.
During her stellar 33-year career, Ms. Oteh also served
on several Boards, notably, the International Organization of Securities
Commissions (2010 to 2015), which regulates 95% of the world’s securities
markets and the pioneer Board of the International Financing Facility for
Immunization (2006 to 2011). She also served on the Board of the Nigerian
Pension Commission, the World Economic Forum Agenda Council on Institutional
Governance, and the Africa Advisory Council for World Women’s Banking. In 2011,
in recognition of her contribution to the economic development of Nigeria and
role in transforming the Nigerian capital markets, she was awarded the Officer
of the Order of the Niger (OON) National Honor. In 2014, she was named the
Africa Investor Capital Market Personality of the Year and in 2016 received the
New African Woman Award in Finance and Banking. In 2018, she was honored as the
Ai Global Institutional Investment Personality of the Year.
Ms. Oteh holds a Masters degree in Business
Administration from Harvard Business School and a First Class Honors Bachelor
of Science Degree from the University of Nigeria, Nsukka.
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