Thursday, December 12, 2024
33.7 C
Lagos

Leadway Pensure Chairman, Olusegun Aganga, Joins Board of Technoserve

 The Board Chairman, Leadway Pensure PFA, Nigeria’s foremost Pension Funds Administrator Mr. Olusegun Aganga, has joined the Board of Directors of TechnoServe, a US based non-profit organisation with presence in over 30 countries.

Mr. Olusegun Aganga, a global expert in the finance and business community and an astute technocrat, has cut his teeth in blue-chip private sector corporates and the public sector both in the United Kingdom and Nigeria.

He was previously a Managing Director at Goldman Sachs in London before going into the public sector. He currently serves on a number of Boards including the advisory board of the Queens Commonwealth Trust in the United Kingdom and as Chairman of the Board of Directors of Leadway Pensure PFA Limited. He is also an industry advisor to Time Partners UK, and to governments and businesses in the United States, United Kingdom, and Nigeria.

Speaking on the appointment, the Board Co-Chairs TechnoServe, Rachel Hines and Michael Bush said, “We are delighted to welcome someone of Segun’s stature and reputation to our board of directors. Not only does he bring a wealth of experience and expertise in supporting economic development in Africa and beyond, but he also shares TechnoServe’s vision of a sustainable world where all people in low-income communities have the opportunity to prosper.”

Commenting on his appointment, Mr. Olusegun Aganga stated: “I am delighted to join the Board of Technoserve, whose vision of building a world committed to sustainable and progressive prosperity for low-income communities align with my ethos and convictions. Technoserve are rated no. 1 globally in their sector where they deploy business solutions and private sector discipline to break the cycle of poverty.

We must always remember that overcoming poverty is not a gesture of charity. It is an act of justice, the protection of a fundamental human right to dignity and decent life. While poverty persists, there is no true freedom. All hands must be on the deck” he said.

Aganga previously served as Nigeria’s Minister of Finance and Chairman of the Economic Management Team where he established Nigeria’s Sovereign Wealth Fund. He also served as Minister of Industry, Trade and Investments. He chaired the World Bank and International Monetary Fund and the 8th WTO Ministerial Conference, the highest decision-making body of the World Trade Organization. He is the only African that has chaired these two organisations.

In recognition of these contributions, he was awarded the Commander of the Order of the Niger (CON), one of the country’s highest-ranking national honours.

spot_img
spot_img
spot_img

Hot this week

Polaris Bank Wins Sectoral Award at 2024 NECA Employers’ Excellence Awards

Polaris Bank has achieved yet another milestone by emerging...

Financial Services Innovators Marks 5th Anniversary of Driving Innovation in Tech Ecosystem

  Today, we proudly celebrate five incredible years of driving...

Heirs Insurance Group Launches “Unwrapping Smiles” Campaign to Bring Hope this Festive Season

Heirs Insurance Group, Nigeria's fastest-growing insurance group, has announced...

Stanbic IBTC Bank Nigeria PMI: Inflationary Pressures Remain Elevated in November

Rates of inflation in the Nigerian private sector remained...

Stanbic IBTC Pension Managers’ FUZE 3.0 Festival: Set to Light up Lagos on Dec 21

In a spectacular celebration of Nigerian creativity and innovation,...

Topics

Breaking News: Etisalat Now Open for Foreign Investment

Foreigners can now investment in Etisalat as the UAE government has lifted restrictions which had blocked foreign investors from buying a stake in the country's largest telco, Etisalat. There is however a 20 percent limit on how much of the company can be owned by foreigners. Currently, Etisalat is 60 percent owned by the government, with a 40 percent stake listed, but restricted to UAE nationals. "The federal government decided to lift the restriction of Etisalat stock ownership by local institutions, foreign institutions and expatriate individuals provided that such ownership does not exceed 20 percent," Etisalat said in a statement to Abu Dhabi Securities Exchange. Etisalat added that the Emirates Investment Authority (EIA) does not intend to reduce its 60 percent stake at the moment.

Naira Redesign, Queues and the Quest for a New Nigeria

  By Elvis Eromosele The amount of queueing Nigerians have been...

The Power of Faith to End Extreme Poverty by 2030

Over 30 leaders from major world religions and heads...

Chinese Dominance Worries Nigeria’s Textile Traders

Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy Made-in-China fabric."A piece of high-quality brocade (cloth) costs around 10,000 naira ($50, 47 euros), which is way too expensive for me," he told AFP. "With the same amount of money, I can buy six pieces of cheap Chinese brocade which cost only 1,500 Naira a piece and still keep some change."The proliferation of Chinese-made textiles is a boon for consumers like Nafiu, with Kano and the wider North struggling with unemployment and economic constraints. Click here to make a lazy tweet.

Remittance to Africa Hits $35.2bn in 2015, 3.4% Rise

In 2015, money transfers by African migrants to their...

World Telecom & Information Day Targets ICT Entrepreneurship

The World Telecommunication and Information Society celebrated the fact...

Business Journal Newspaper Public Presentation Set for Sept 16

The public presentation of Business Journal Newspaper will on...

Africa Power Vision Plans to Electrify 80% of Households by 2040

Africa’s electrification recently welcomed a new advocate, Africa Power...
spot_img

Related Articles

Popular Categories

spot_imgspot_img