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Former Airtel Africa boss appointed new chairman of Nigeria Sovereign Investment Authority

Mr. Segun Ogunsanya, the former CEO of Airtel Africa, has been appointed as the new Chairman of the Nigeria Sovereign Investment Authority (NSIA). This significant move, aimed at bolstering the nation’s economic stability, was officially announced by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, at the Ministry of Finance Headquarters.

The newly appointed Board comprises distinguished professionals from various sectors, carefully selected through deliberations and recommendations made by the Executive Nominations Committee. The final approval was given by President H.E. Bola Ahmed Tinubu, GCFR, following endorsement by 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
  • Mr. Kola Owodunni

In his inaugural remarks, Mr. Ogunsanya, who was instrumental in driving Airtel Africa’s growth and expansion across the continent, 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 specter of poverty,” he stated. Mr. Ogunsanya also highlighted the Board’s ambition to significantly grow the fund under its management.

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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 “an essential institution for our nation’s economic stability and growth.”

The new leadership is expected to bring fresh perspectives and innovative strategies to the NSIA, ensuring that it continues to play a pivotal role in Nigeria’s economic development.

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