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IFC Picks Dahlia Khalifa as Regional Director for Nigeria, Others

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Dahlia Khalifa

By Adedapo Adesanya

The International Finance Corporation (IFC) has announced the appointment of Ms Dahlia Khalifa as its Regional Director for Central Africa, Liberia, Nigeria, and Sierra Leone.

In her new role, she will drive IFC’s strategy to create a more resilient and sustainable private sector to support the development and job creation in the region.

Ms Khalifa will lead IFC’s investment and advisory teams in Cameroon, the Central African Republic, Chad, the Republic of Congo, Equatorial Guinea, Gabon, Liberia, Nigeria, Sao Tome and Principe, and Sierra Leone. While these countries face challenges such as rising inflation and the effects of climate change, a young, vibrant, and entrepreneurial population presents opportunities for a more dynamic private sector.

In a statement made available to Business Post, it was revealed that the new regional head would be based in Lagos, Nigeria.

Speaking on her appointment, Mr Sérgio Pimenta, IFC Vice President for Africa, said, “I look forward to working with Dahlia and her team to deliver on new opportunities in the years to come, such as empowering more of the region’s entrepreneurs.”

On her part, the appointee said, “We are stepping up our work to empower the private sector and to work jointly with government and development partners to deliver greener, more inclusive, and sustainable growth in the region. I  commit to further strengthening IFC’s work so that together we can build the strong foundations for private and public sector partnerships.”

Ms Khalifa, an Egyptian and American national, was most recently the Senior Manager for IFC’s Creating Markets Advisory program in the Middle East, Central Asia, Türkiye, Pakistan, and Afghanistan region, where she and her team supported the removal of barriers to investment to strengthen the private sector and boost economic development.

Before joining the World Bank Group, she founded and managed financial services companies providing brokerage, corporate finance, private equity investing, and management consulting services in the Middle East and Africa.

As of September 30, IFC had an investment and advisory portfolio in Central Africa and Nigeria of more than $2.53 billion across financial services, infrastructure, and agribusiness and is continuing to grow its portfolio in health, manufacturing, and value chain development.

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.

Jobs/Appointments

Senate to Screen Ahmad, Adamu as CBN Deputy Governors

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Aishah Ahmad

By Modupe Gbadeyanka

The Senate will screen the Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Financial System Stability, Mrs Aisha Ahmad, and her counterpart in charge of Corporate Services, Mr Edward Lametek Adamu, for a second term in office.

This followed their nominations for the positions by President Muhammadu Buhari in a letter sent to the Senate and read before the upper chamber of the National Assembly.

Mrs Ahmad was first nominated for the role by Mr Buhari in October 2017, while Mr Adamu was nominated in February 2018 by the President.

Mrs Ahmad is a Chartered Financial Analyst (CFA) charter-holder, and in her role, she has ensured a safe and sound financial system in Nigeria, a core mandate of the CBN.

With over 25 years of policy and financial industry experience, she holds an MSc in Finance & Management from Cranfield University UK, MBA (Finance) from the University of Lagos and a second-class upper Bachelor’s degree in Accounting from the University of Abuja.

She has been credited with bringing dynamism and a strong combination of academic qualifications and private-sector experience to her role as deputy governor of FSS.

On his part, Mr Adamu, a quantity surveyor by training, has a 25-year career culminating in his role as HR Director at the CBN.

He is a graduate of Ahmadu Bello University, Zaria Kaduna and a fellow of the Nigerian Institute of Quantity Surveyors and the Institute of Credit Administration. He began his career with the Unified Public Service in 1983.

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Sanwo-Olu Appoints Folasade Coker as Executive Secretary of LJLA

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Folasade Coker

By Adedapo Adesanya

The Governor of Lagos State, Mr Babajide Sanwo-Olu, has appointed Ms Folasade Coker as the Executive Secretary of the Lateef Jakande Leadership Academy (LJLA).

The initiative is a leadership and mentorship programme of the state government, with the vision to develop tomorrow’s leaders today for public service and governance in Africa.

According to a statement made available to Business Post, she was appointed based on her impressive track record and demonstrated successes on various leadership assignments.

Ms Coker has worked across numerous leadership roles in both the public and private sectors in a career spanning over 30 years to date.

She is the Visionaire and Chief Executive Officer of Coker & Castle Nigeria Ltd, a management consulting and coaching firm, which she co-founded with Derek Castle in 2003. She has a wealth of experience in delivering training on communication/interpersonal skills, team building, leadership and management, marketing and providing bespoke solutions.

Her role as the Executive Secretary of LJLA will include program planning and proactively monitoring its progress, and organisational and budget planning.

She will be responsible for administering the business affairs of the Leadership Academy.

Ms Coker will also be in charge of the total welfare of the fellows and to achieve their objectives of being part of the fellowship, and build an all-round leader mentally, emotionally and physically.

The objective is to support the LJLA vision to develop future leaders by equipping them with the requisite skills to positively influence public service and instil in them the ethics and values of purposeful leadership through direct mentorship and on-the-job training whilst ensuring the efficient management of the academy in all aspects.

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ICPC Busts Job Racketeering Syndicate in Sting Operation

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job racketeering syndicate

By Modupe Gbadeyanka

A job racketeering syndicate has been busted in a sting operation carried out by operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

In a statement issued on Monday, the agency said it was able to apprehend the prime suspect of the team, which specialises in defrauding unsuspecting job seekers through offers of non-existing employment.

According to the disclosure, four applicants were also arrested in the sting operation, which is part of an ongoing crackdown on employment syndicates by the commission in collaboration with the Office of the Head of Civil Service of the Federation (OHCSF) and intelligence arising therefrom regarding a replacement exercise in a federal government agency.

The statement noted that efforts are in place to find other suspects related to the case, as the arrested persons are being interviewed and are giving the commission useful information.

The syndicate’s mode of operation, according to the ICPC, is hoodwinking their victims into believing that they have a strong connection with the OHCSF and can use such influence to secure employment for them.

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