New Leadership Unveiled for Nigeria’s Sovereign Investment Authority

Mary Nnah

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has officially inaugurated the new Board of the Nigeria Sovereign Investment Authority at the Ministry of Finance Headquarters.

This newly appointed Board comprises distinguished professionals from various sectors, carefully selected through deliberations and recommendations made by the Executive Nominations Committee. The President, H.E. Bola Ahmed Tinubu, GCFR, gave the final approval, following endorsement by the Vice President, H.E. Senator Kashim Shettima, GCON, who serves as the Chairman of the National Economic Council (NEC).

The new Board members include Mr. Segun Ogunsanya – Chairman; Mr Aminu Umar-Sadiq – MD/CEO; Prof. Fabian Ajogwu; Mr. Abdullahi Mahmud Gaya; Mr. Ahmed Goniri; Ms Ada Osakwe; Dr. Suleyman Ndanusa; Ms Ijeoma Taylaur and Mr Kola Owodunni

In his inaugural remarks, Mr. Segun Ogunsanya, the newly appointed Chairman of the Board, affirmed his commitment to fostering a prosperous future for the next generation. “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,” he stated. Mr Ogunsanya also highlighted the Board’s ambition to significantly grow the fund under its management.

Reflecting on the NSIA’s 11-year journey since its inception, the Honourable Minister, praised the institution’s outstanding progress in achieving its mandate. He described the NSIA as “essential for our nation’s economic stability and growth.”