Jobs/Appointments
Banking, Real Estate Executives Undergo Training
By Roger A. Agana
After decades of efforts, a standard document to regulate the activities of the building and construction industry in Ghana has been instituted.
The comprehensive Building Code, GS1207 of 2018, encompasses requirements and recommendations for efficiency and standards for Residential and Non-Residential buildings and as well cover planning, management and practices in the construction of buildings.
The document also covers the smooth and safe operation of the building and construction industry such as Occupancy Classification and Use, Site Development and Land Use, General Building Heights and Areas. It also includes types of Construction, Fire and Smoke Protection Features, Interior Furnishes, Energy efficiency and Sustainability, Soils and Foundations, Electrical Systems and Allied Installations, Plumbing Systems, Lift and Conveying Systems, Safeguards during Construction and Green Building Requirements.
In the backdrop of setting standards to ensure that Ghana’s building environment is safe and meets international standards, Stanbic Bank has signed an MOU with the International Finance Corporation (IFC), a member of the World Bank Group, to train 18 staff of Stanbic Bank as certified Edge Experts, to support developers to be able to go green.
According to Mr Stanislaus Deh, head of product personal and business banking at Stanbic Bank Ghana, in an interview with Newsghana.com.gh at the training, on Thursday February 28, 2019, at the World Bank Office in Accra, he said, “What we are doing as a bank in spearheading this project is to make sure that every project that we finance, that is building, we go green with the people.”
“And the good thing is that, when you go green, it benefits you, it increases your profile, it prepares you for the regulations that are going to hit us very soon from 2020,” he added.
In an answer to the question, as to whether the people will be willing to adopt green buildings, he said, “For me, a lot of people will be more than willing to adopt it. What we have to do to scale up more now is together with the international community educate people quickly, so they know why we are doing what we are doing now.”
Mr Deh, expatiated that, the Sustainable Principles Committee of Ghana, has for the past three years been developing the sustainable principles for the banks. Saying, “Basically, like we all know that sustainability has got to do with meeting the needs of the present generation without compromising that of the future. So, looking at the fact that, in the past three years we as a world have agreed to deal with climate change. The country as a whole is doing what they can do to deal with mitigation and adoption.”
According to him, one of the low hanging fruits when it comes to climate change has to do with the issue of green buildings and built environments. “So for us in Stanbic Bank, apart from the Ghana Home Loans, we are one of the biggest in terms of providing built environments for the country. So, as the team in Stanbic, we thought that it is time to lead the crusade for green buildings with energy efficiency, water efficiency, and making sure that material embodiments are also good to be yoked with the regulations for the buildings to be certified as green.”
On his part in an interview, Mr Dennis Papa Odenyi Quansah, Program Lead for IFC EDGE Green Building Market Transformation Program in Ghana and Nigeria, explained that, “It is important to invest in green buildings, because it will minimize the use of water and electricity in buildings.
Green building structures are energy efficient, environmentally friendly and use resources wisely as well.”
He said, it wasn’t for nothing that the government of Ghana instituted the Ghana Building Code. That it was set up to champion efficient usage of scarce resources including energy and water
According to him, Green building is a step in the right direction towards conserving global energy because, energy consumption is predicted to grow by 37% by 2035 and 96% of this expected growth will be attributable to developing nations. Mr Quansah said, there is the need for green construction which offers a chance to secure emission cuts at a low cost.
A section of the trainees commended the authorities of Stanbic Bank and IFC, for the great opportunity to train them as certified Edge Experts, to support developers to be able to go green. They however called for more of such trainings in order to get more experts to help in the education.
By Adedapo Adesanya
Nigerian international lawyer and anti-corruption specialist, Mr Ibrahim James Pam, has been appointed Acting Director-General of the World Bank Group’s Compliance Advisor Ombudsman (CAO), a key independent accountability body within the institution.
The appointment, approved by the boards of the World Bank Group, will take effect on August 2, 2026.
Mr Pam, who currently serves as Chair of the World Bank Inspection Panel, will oversee the CAO on an interim basis pending the appointment of a substantive Director-General and Vice President of the World Bank Group Independent Accountability Mechanism.
The development was announced in a statement issued by the Head of Communications of the Compliance Advisor Ombudsman, Emily Horgan, who said the arrangement was designed to ensure continuity during the organisation’s leadership transition.
“In view of the forthcoming leadership transition at the Compliance Advisor Ombudsman (CAO), the World Bank Group Boards have designated Ibrahim Pam, Chair of the Inspection Panel, to concurrently serve as acting CAO Director General, effective August 2, 2026,” the statement said.
“Mr Pam will serve in this role until the new World Bank Group Independent Accountability Mechanism Director General/Vice President is appointed.”
The Compliance Advisor Ombudsman is the independent accountability mechanism for projects financed by the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), both members of the World Bank Group.
Created in 1999, the CAO reports directly to the boards of IFC and MIGA and handles complaints from individuals and communities affected by projects supported by the two institutions, while promoting environmental and social accountability.
Mr Pam, who is married with children and grandchildren, brings extensive experience in international law, anti-corruption, compliance, human rights and criminal investigations to the role.
He is the son of the late Lt. Col. James Pam, a former Adjutant General of the Nigerian Army, and Mrs Ngo Elizabeth Pam, a human rights advocate who served on the Human Rights Violations Investigation Commission, popularly known as the Oputa Panel, as well as the Plateau Peace Conference.
Over the years, Mr Pam has built a distinguished international career investigating human rights violations, financial crimes, fraud, institutional misconduct and mass atrocities across several jurisdictions.
He has served as a member of the World Bank Inspection Panel since January 2023. Prior to that, he was Head ad interim of the Independent Redress Mechanism of the Green Climate Fund in Songdo, South Korea, between August 2022 and March 2023, after leading the Fund’s Independent Integrity Unit from November 2016 to November 2022.
His professional experience also includes roles with the United Nations Office of Internal Oversight Services (OIOS), where he served as Resident Investigator with the UN Mission in South Sudan, the African Development Bank’s Integrity and Anti-Corruption Department, and the Office of the Prosecutor at the International Criminal Court in The Hague.
Earlier in his career, he provided legal support to Nigeria’s Human Rights Violations Investigation Commission (Oputa Panel) between 2000 and 2002.
A graduate of the University of Jos, Mr Pam began his legal career at J.Y. Pam & Co. before working in private legal practice, the banking sector and later the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
While at the ICPC, he received the prestigious Chevening Scholarship, which enabled him to earn a Master’s degree in International Law and Justice Policy from the London School of Economics in 2005
His appointment is expected to strengthen the World Bank Group’s accountability and oversight framework, given his extensive background in governance, integrity, compliance and international justice.
Jobs/Appointments
UNIZIK Appoints Nicholas Okoye Visiting Senior Lecturer, to Strengthen Digital Assets Education
Nnamdi Azikiwe University (UNIZIK) has appointed veteran investment banker and capital markets expert, Nicholas “Nicky” Okoye, as a Visiting Senior Lecturer in a move aimed at strengthening its capital markets and digital assets curriculum amid the growing global adoption of virtual assets and blockchain-based finance.
The appointment, which takes immediate effect, is expected to deepen the university’s capacity to train enterprise executives, entrepreneurs and policymakers in emerging areas such as cryptocurrencies, stablecoins, Central Bank Digital Currencies (CBDCs), tokenisation of real-world assets and other digital financial innovations.
UNIZIK, which hosts one of Africa’s few dedicated Capital Markets faculties, said the appointment aligns with its strategy of equipping students and professionals with the knowledge and practical skills required to navigate the rapidly evolving financial ecosystem.
The university, in its statement, described the appointment as a significant milestone for the institution.
“Securing someone of Nicky Okoye’s calibre is a game-changer. As global finance evolves, we must equip enterprise executives, entrepreneurs and policymakers with the technical knowledge required to build long-term capital formation strategies. His real-world experience is invaluable.”
Okoye brings decades of experience across global and Nigerian financial institutions. His career includes serving as a Financial Consultant at Merrill Lynch in the United States, Chief Strategy Officer at the Nigerian Exchange Group, and Founding Group Executive Director of Operations and Strategy at Transcorp Group Plc, where he led fundraising initiatives that collectively exceeded $1 billion.
He currently leads the Global Investment Advisory Community (GIAC), a coalition of local and international banks, asset managers and fintech firms working to develop a digital assets ecosystem across Africa and the Caribbean.
Beyond the private sector, Okoye has contributed to public policy, providing advisory support to the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on capital market regulatory frameworks.
Stakeholders in the financial services sector have welcomed the appointment, expressing optimism that his academic engagement would help build capacity among investors and professionals as Nigeria expands its digital finance ecosystem.
Okoye also holds an honorary Doctor of Business Administration from Enugu State University of Technology, awarded in recognition of his contributions to enterprise development and business excellence.
He previously served on the Presidential Jobs Board and the National Council of Small and Medium Scale Enterprises, where he provided strategic advice on economic development. Between 2014 and 2018, he advised the Nigeria Content Development and Monitoring Board (NCDMB) on Project Triple E, an initiative designed to strengthen indigenous participation in the upstream oil and gas value chain by integrating community-based contractors.
The appointment comes as Nigeria intensifies efforts to establish a robust regulatory framework for digital assets. The Federal Government recently inaugurated a National Virtual Assets Council to coordinate the oversight and regulation of virtual and digital assets in the country.
The council is chaired by the Central Bank of Nigeria, with support from the Securities and Exchange Commission and the Nigeria Revenue Service, as part of broader efforts to promote innovation while ensuring investor protection and financial system stability.
By Modupe Gbadeyanka
The former Governor of Ekiti State, Mr Ayodele Fayose, has been appointed by President Bola Tinubu as the chairman of the Rural Electrification Agency (REA), with immediate effect.
A statement signed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, on Monday night said Mr Tinubu also made 25 other new appointments into 10 federal government agencies and commissions.
Also appointed was Major General Junaid Bindawa as chairman of the National Salary and Wages Commission.
On the board of REA are Mr Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta as members and non-executive directors. The incumbent DG of the agency, Abba Abubakar Aliyu, and three executive directors previously appointed make up the remaining board members.
President Tinubu made eight other appointments to the Wages Commission, along with Mr Bindawa. Former member of the House of Representatives from Lagos, Olajumoke Okoya-Thomas, is the new secretary of the commission. Dr Ogbole Ene Lilian, Oladele Olatubosun, and Yakubu Umar Barde, representing Benue, Oyo and Kaduna, were appointed as commissioners.
Dr Mai Adamu Yau, from Borno, Ginika Florence Tor (Enugu), Engineer Lawrence Okoh (Edo) and Bello Morenike Iyabode (Kogi) were appointed as members of the commission.
Tosin Johnson Adeyanju, who was previously appointed as the Executive Secretary of the National Lottery Trust Fund (NLTF), has now been moved to the Revenue Mobilisation and Fiscal Commission as Secretary.
Mr Tinubu also appointed Dr Abuh Mohammed as the DG of the National Population Commission, Dr Akinola Odeyemi as Managing Director of the Nigerian Bulk Electricity Trading (NBET), and Dr Anthony Inalegwu Godwin as chairman/CEO of the Nigeria Atomic Energy Commission. Engineer Julius Oloro, a former council chairman, is the new CEO of the Kwara-based National Centre for Agricultural Mechanisation (NCAM), replacing Dr A.R. Kamal, who died last January.
The President constituted the board of the Fiscal Responsibility Commission, with Dr Abdullahi Maikano Saidu as chairman. Members include Mohammed Asmau, Mohammed Aliyu Makama, Dr Suleiman Gidado, Louis O. Ndukwe, Amaechi Ugwele and Olaniyi Idowu Onikola.
Shuni Muhammad Dahiru is the new executive secretary of the National Commission for Mass Literacy, Adult and Non-Formal Education, replacing Professor Shu’aibu Shehu Aliyu, who was reassigned to the Petroleum Trust Development Fund (PTDF) in April.
To replace Mathias Byuan, the former executive director, finance of the Federal Housing Authority, who resigned to contest the governorship election in Benue, President Tinubu named Gisaor Vincent Iorja. The new occupier of the position is an economist, legal scholar, and academic currently serving as the secretary of the Benue State Independent Electoral Commission (BSIEC).
