Wednesday, February 17, 2021 / 5:17PM / by InfraCredit / Header Image Credit: Thebizhub
InfraCredit, a 'AAA' rated
specialised infrastructure credit guarantee institution, backed by the Nigerian
Sovereign Investment Authority ("NSIA"), Private Infrastructure Development
Group companies GuarantCo and InfraCo Africa, KfW Development Bank, Africa
Finance Corporation and African Development Bank, is pleased to announce the
appointment of Ms. Vivien Shobo to its Board of Directors as an Independent
Non-Executive Director, effective 29 January 2021.
Vivien was the Chairperson of
the Association of Credit Rating Agencies of Nigeria from inception in 2010 to
December 2019. In September 2020, Vivien Shobo was chosen by the African Banker
Awards Committee, as the winner of the African Banker Icon Award, in
recognition of her exemplary career and work at the helm of Agusto & Co,
which was described as "truly pioneering and has helped transform capital
markets in Nigeria and beyond". Vivien has a B.sc (Hons) from the University of
Benin, Nigeria, and an MBA (Finance) from the Manchester Business School, UK.
She is also a Fellow of the Institute of Chartered Accountants of Nigeria
(ICAN) and is a frequent speaker at domestic and global African capital market conferences.
Speaking on Vivien's
appointment, Mr. Uche Orji, Chairman, Board of Directors, InfraCredit said; "After a diligent search and rigorous process, on behalf of fellow directors, I
am excited to welcome Ms. Vivien Shobo to the Board of InfraCredit as an
Independent Non-Executive Director. Vivien is a renowned risk management and
capital market professional, with over three decades hands-on experience in
credit risk management, financial advisory and assurance. Her strong knowledge
of the Nigerian markets and governance practices would be invaluable to
InfraCredit as we grow the business and deepen our mission of unlocking long
term capital for infrastructure development in Nigeria".
Mr. Chinua Azubike, the Chief Executive of InfraCredit, noted; "Ms. Shobo comes with a rich experience in risk management and corporate governance, having worked successfully with large and mid-cap corporates across varying sectors. She brings on-board her independence and complementary skills, which should strengthen our Board's oversight, as we diligently execute our strategies to create value for all stakeholders."
"Given its prominent role in Nigeria's infrastructural development, I am extremely delighted to join the InfraCredit's Board and contribute my own quota to nation building", said Ms. Vivien Shobo.
Related to InfraCredit
1. Infraco Africa Executives Join the Board of Directors of
InfraCredit
2. InfraCredit's
Guarantee Supports TSL's Issuance of a N12bn 10-Year Series 1 Infrastructure
Bonds
3. InfraCredit
Completes Drawdown of AfDB USD$ 10 million Subordinated Unsecured 10-year
Facility
4. TSL SPV Plc - Up to
N12bn Series 1 Infrastructure Bonds Guaranteed by InfraCredit Now Open
5. Agusto and GCR
Affirm ''AAA'' Long Term Credit Rating of InfraCredit With Stable Outlook
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