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Bulgarian Economist Kristalina Georgieva Becomes New IMF Chief

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By Adedapo Adesanya

The International Monetary Fund (IMF) has confirmed Bulgarian economist, Kristalina Georgieva, as its new head and managing director. She succeeds Christine Lagarde, who resigned to become the head of the European Central Bank (ECB).

Ms Georgieva was previously the second in command at the World Bank after she was put forward as Europe’s sole candidate, becoming the first person from an emerging economy to lead the organization since its establishment in 1944.

After her appointment, she said, “It is a huge responsibility to be at the helm of the IMF at a time when global economic growth continues to disappoint, trade tensions persist, and debt is at historically high levels.”

Ms Georgieva said that the IMF’s immediate priority was to help countries minimize risk and be ready to cope with downturns while supporting long-term economic stability.

“We should not lose sight of our long-term objective – to support sound monetary, fiscal and structural policies to build stronger economies and improve people’s lives. This means also dealing with issues like inequalities, climate risks and rapid technological change,” she said.

The 66-year old Bulgarian was backed by French President Emmanuel Macron and won support last month from the rest of the European Union, as well as the tacit backing of the United States.

Ms Georgieva holds a PhD in Economic Science and an M.A. in Political Economy and Sociology from the University of National and World Economy in Bulgaria, where she also taught from 1977 to 1991.

In 2010, she was at the European Commission, serving as commissioner for international cooperation, humanitarian aid and crisis response, then as vice president for budget and human resources.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Access ARM Pensions Appoints Sa’adu Jijji as Chief Executive

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Sa’adu Jijji

By Adedapo Adesanya

Access Holdings Plc appointed Mr Sa’adu Jijji as the new chief executive of Access ARM Pensions Limited, its pension subsidiary.

The appointment has received all necessary regulatory approvals, including the board of Access ARM Pensions, reflecting the group’s continued focus on deepening leadership capacity across its subsidiaries and reinforcing its position in Nigeria’s pension industry.

Mr Jijji obtained a Master of Business Administration (MBA) from the Saïd Business School, University of Oxford and a bachelor’s degree in Business Administration.

He is a seasoned executive with over two decades of experience in the financial services sector, spanning pension fund administration, investment management, actuarial consulting, and corporate strategy.

Mr Jijji has held senior leadership roles at Premium Pension Limited, Alexander Forbes Consulting Actuaries Nigeria and Pension Alliance Limited (PAL Pensions), where he served as acting managing director.

Also, his appointment underscores Access Holdings’ commitment to delivering long-term value to retirement savings account holders and other stakeholders, while advancing its broader strategy of building globally competitive financial services businesses.

In 2024, Access Pensions Limited acquired a majority stake in ARM Pensions Managers Limited to create Nigeria’s second-largest Pension Fund Administrator by Assets Under Management.

At the time, the then-Group Chief Executive, Access Holdings, Mr Herbert Wigwe, said, “We are pleased to have reached this transformative milestone in our pension fund administration journey. The proposed combination of ARM Pension with Access Pensions will not only create sustainable stakeholder value but will also contribute positively to the growth and development of the pension industry.”

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CSP Anietie Iniedu Replaces DCP Anthony Placid as Police Spokesman

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CSP Anietie Iniedu

By Aduragbemi Omiyale

The Nigeria Police Force (NPF) has a new spokesman: Mr Anietie Okokon Edem Iniedu, a Chief Superintendent of Police (CSP).

He is to replace Mr Anthony Okon Placid, a Deputy Commissioner of Police (DCP).

The change of guard was approved by the Inspector General of Police (IGP), Mr Tunji Disu.

In a statement on Friday, it was disclosed that the new Force Public Relations Officer of the police has extensive experience in public communication, operational policing, intelligence management, institutional accountability, and administration.

The IGP expressed confidence in his capacity to lead the Force Public Relations Department, noting that his experience and professional background will further enhance the agency’s strategic communication efforts and strengthen public engagement in support of ongoing policing reforms and operational successes.

A native of Etinan Local Government Area of Akwa Ibom State, he holds a Bachelor of Science (B.Sc.) degree in Pure Chemistry from the University of Uyo and has undergone several professional trainings in investigative interviewing, crime scene management, human rights-based policing, strategic communication, and intelligence analysis.

Prior to his appointment, he served as Head of the Complaint Response Unit (CRU), Force Headquarters, Abuja, where he coordinated public complaint management and championed initiatives aimed at strengthening transparency, accountability, and public trust in the Nigeria Police Force. He also previously served as Public Relations Officer of the Police College of Information Technology, Kobape, Ogun State, among several operational and administrative appointments across the country.

CSP Iniedu has held key positions including Operations Officer, Maisandari Division, Yobe State Command; Area Crime Officer, Umuahia Area Command, Abia State; Staff Officer, IGP Secretariat, Force Headquarters; Second-in-Command, 50 Police Mobile Force Squadron, Kubwa; and Officer-in-Charge of the Force Headquarters Situation Room, where he supervised the coordination and dissemination of crime and security information nationwide.

He can be reached via 08128526154, and X (Formerly Twitter): @cspiniedu.

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Tinubu Extends Customs CG Adeniyi Tenure by Six Months

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adewale adeniyi customs

By Modupe Gbadeyanka

The tenure of the Comptroller General of the Nigeria Customs Service, Mr Adewale Adeniyi, has been extended by six months.

This is the second time the tenure of Mr Adeniyi is being extended by President Bola Tinubu.

A statement on Friday night by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that the customs chief is getting extra time in office to enable him to consolidate the implementation of the National Single Window and ensure an orderly succession in the service.

The tenure of the first extension is expected to end on August 1, 2026, but with the fresh tenure elongation, Mr Adeniyi is scheduled to bow out of service in February 2027.

“During the transition period, Adeniyi, working with the Nigeria Customs Service (NCS) Board, will ensure the promotion of eligible officers to the rank of Comptroller of Customs and the compulsory retirement of officers who have attained 60 years of age or have served 35 years,” a part of the statement said.

Mr Adeniyi joined customs after graduating from Obafemi Awolowo University (OAU), Ile-Ife, Osun State, in the late 80s.

He rose through the ranks, becoming deputy comptroller in 2012, comptroller in 2017, assistant comptroller general in 2020, acting deputy comptroller-general in January 2023, before his appointment by President Tinubu in June 2023 as the Comptroller General.

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