President Muhammadu Buhari has approved the appointment of two Executive Directors to the Nigerian Sovereign Investment Authority (NSIA) Board.
Mrs. Stella Ojekwe-Onyejeli has been reappointed as Executive Director for a second term. She is also the Chief Operating officer of NSIA. Mr. Aminu Umar-Sadiq, who is NSIA’s Deputy Head of Direct Investments, has been appointed, for the first time, as Executive Director.
A statement from The NSIA on Wednesday announced that the appointments “followed the realignment in 2018 of NSIA’s strategy with a pivot towards domestic infrastructure, as reflected in the allocation of 50% of future contributions to infrastructure investments.”
Mr. Jide Zeitlin, Chairman, NSIA Board of Directors said “these appointments strengthen the Authority’s executive team and are consistent with our focus on maintaining a broadly representative leadership team and workforce so as to ensure that the institution remains a key participant in Nigeria’s economic transformation.”
He added that, “both appointees are committed professionals who, along with other talented colleagues, have been instrumental in NSIA’s development.”