By Aduragbemi Omiyale
The erstwhile chief executive of Airtel Africa Plc, Mr Segun Ogunsanya, has been inaugurated as the new chairman of the Nigeria Sovereign Investment Authority (NSIA) board.
Mr Ogunsanya was installed into the position at a ceremony performed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Thursday in Abuja.
The event, Business Post gathered, took place at the headquarters of the Ministry of Finance.
Reflecting on the NSIA’s 11-year journey since its inception, the Minister praised the institution’s outstanding progress in achieving its mandate, describing the NSIA as “an essential institution for our nation’s economic stability and growth.”
Mr Edun also inaugurated other members of the board, including the chief executive of NSIA, Mr Aminu Umar-Sadiq.
The others are Prof. Fabian Ajogwu, Mr Abdullahi Mahmud Gaya, Mr Ahmed Goniri, Ms Ada Osakwe, Dr Suleyman Ndanusa, Ms Ijeoma Taylaur, and Mr Kola Owodunni.
Their installation followed the approval of the appointments by President Bola Tinubu after recommendations from the Executive Nominations Committee and the endorsement of the Vice President, Mr Kashim Shettima, who is the chairman of the National Economic Council (NEC).
In his inaugural remarks, Mr Ogunsanya affirmed his commitment to fostering a prosperous future for the next generation. He also highlighted the board’s ambition to grow the fund significantly under its management.
“Our mandate is clear—we are here to enhance the wealth of our nation and ensure that future generations do not face the spectre of poverty,” the former Airtel Africa chief stated.