Monday, 25 May 2020

CBN DEPUTY GOVERNOR, DR. KINGSLEY OBIORA, BECOMES THE CHAIRMAN OF NEXIM BANK

Dr. Kingsley Obiora
The Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN), Dr. Kingsley Obiora, has been appointed as the Chairman of the Board of Directors of the Nigerian Export-Import Bank (NEXIM Bank).

Hmmm!!! Folks, let us say the truth and shame the devil. Many Nigerian non-oil products exporters have been defrauded of huge amount of money in the process of exporting agricultural commodities and solid minerals to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, would you like to keep on being scammed? Why don’t you get a practical manual that explains the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers? It explains export operations, export management, export documentations and methods of payment in export trade? Yes, it is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

He replaced Dr. Joseph Nnanna, who retired from NEXIM Bank board in February, 2020. A statement from the bank, signed by Tayo Omidiji, Head, Strategy & Corporate Communications, says that with this appointment, Dr. Kingsley Obiora will provide leadership to a multidisciplinary team of professionals that constitute the board of the bank, towards ensuring that the bank achieves its mandate of promoting economic diversification and development of the Nigerian non-oil export sector. 

The statement reads further that Dr. Obiora will bring to bear on NEXIM Bank his wealth of experience as a seasoned economist and technocrat, having joined the International Monetary Fund (IMF) through the globally-competitive “Economist Program” in 2007 and worked in both the European Department as well as the Strategy, Policy and Review Department of the Fund. 

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While on leave from the IMF, Dr. Obiora served as Special Assistant to President Goodluck Jonathan’s Chief Economic Adviser, from October 2011 to May 2014, and was also the Special Adviser on Economic Matters to the CBN Governor, Godwin Emefiele, from June 2014 to July 2018.

Dr. Obiora is a graduate of Economics from the University of Benin, Nigeria and also holds Masters and Doctorate degrees in Economics from the University of Ibadan, Nigeria.

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