Saturday 25 July 2015

World Bank Appoints Nigerian Woman As Vice President & Treasurer


News of this class reigned last when Ngozi Okonjo-Iweala was appointedManaging Director of the World BankFrom 2007-2011 and since then only few Nigerians have been appointed for delicate positions as this.

July 23rd saw the immediate past Director General of Nigeria’s Securities and Exchange Commission, Arunma Oteh, appointed as Vice President and Treasurer of the World Bank.

According to Wikipedia
Arunma Oteh is of Nigerian/British nationality. She is from Abia State. She studied at the University of Nigeria in Nsukka, Nigeria, earning a first class honors degree in Computer Science. She went on to the Harvard Business School where she obtained a Masters Degree in Business Administration. She co-edited the book, African Voices African Visions.

Oteh worked for various institutions including the Harvard Institute for International Development and Centre Point Investments Limited of Nigeria in corporate finance, consulting, teaching and research. She joined the African Development Bank (ADB) in 1992. She was a Senior Investment Officer/Senior Capital Markets Officer from 1993 to 1997, then Division Manager Investments and Trading Room from 1997 to 2001 when she was appointed the Bank’s Group Treasurer responsible for fund raising and investments in major international capital markets. Oteh was appointed Vice-President for Corporate Management at the ADB in March 2006, responsible for Language Services, General Services and Procurement, Human Resources, and Information Management and Methods.


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