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Trump Formally Unveils Bayo Ogunlesi as Strategic and Policy Forum Adviser

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  • Trump Formally Unveils Bayo Ogunlesi as Strategic and Policy Forum Adviser

U.S. President-elect Donald Trump yesterday formally unveiled Nigerian-born, U.S.-based Bayo Ogunlesi as a member of his Strategic and Policy Forum charged with advising the president on economic matters.

According to AFP, Trump’s Transition Team, in a statement yesterday, said the president-elect also announced three additional members to join the forum.

“Earlier this month, President-elect Trump established the President’s Strategic and Policy Forum and announced an initial round of 16 members.

“The Forum is composed of some of America’s most highly respected and successful business leaders.

“They will be called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his economic agenda.

“The Forum will be chaired by Stephen A. Schwarzman, the Chairman, CEO, and Co-Founder of Blackstone.

“America has the most innovative and vibrant companies in the world, and the pioneering CEOs joining this Forum today are at the top of their fields,” the Trump team said.

According to Trump, “My administration is going to work together with the private sector to improve the business climate and make it attractive for firms to create new jobs across the United States from Silicon Valley to the heartland.”

Members of the Forum will provide their individual views to the president, informed by their unique vantage points in the private sector on how government policy impacts economic growth, job creation and productivity.

The Forum is designed to provide direct input to the president from many of the best and brightest in the business world in a frank, non-bureaucratic and non-partisan manner.

With yesterday’s announcement of three additional members, the individuals on the Forum now include: Adebayo “Bayo” Ogunlesi, Chairman and Managing Partner, Global Infrastructure Partners.

The others are Stephen A. Schwarzman (Forum Chairman), Chairman, CEO, and Co-Founder of Blackstone; Paul Atkins, CEO, Patomak Global Partners, LLC, former Commissioner for the Securities and Exchange Commission; and Mary Barra, Chairman and CEO, General Motors.

Toby Cosgrove, CEO, Cleveland Clinic; Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co; Larry Fink, Chairman and CEO, BlackRock; Travis Kalanick, CEO and Co-founder, Uber Technologies.

Also in the Forum are Bob Iger, Chairman and CEO, The Walt Disney Company; Rich Lesser, President and CEO, Boston Consulting Group; Doug McMillon, President and CEO, Wal-Mart Stores, Inc.; Jim McNerney, former Chairman, President, and CEO, Boeing; Elon Musk, Chairman and CEO, SpaceX and Tesla; and Indra Nooyi, Chairman and CEO of PepsiCo.

The list also includes Ginni Rometty, Chairman, President, and CEO, IBM; Kevin Warsh, Shepard Family Distinguished Visiting Fellow in Economics, Hoover Institute, and former Member of the Board of Governors of the Federal Reserve System; and Mark Weinberger, Global Chairman and CEO, EY; Jack Welch, former Chairman and CEO, General Electric; and Daniel Yergin, Pulitzer Prize-winner, Vice Chairman of IHS Markit.

Through Global Infrastructure Partners, Ogunlesi has a majority stake in London Gatwick Airport. His company acquired the stake at the airport in 2009 in a £1.455 billion deal.

Global Infrastructure Partners is a joint venture whose initial investors included Credit Suisse and General Electric.

Ogunlesi is also an independent director of Goldman Sachs Group, Inc. He serves on the boards of Callaway Golf Co. and Kosmos Energy Ltd.

He is the chairman of Africa Finance Corporation, where the Nigerian government holds the majority state, and serves on the boards of various non-profits ranging from New York Presbyterian Hospital to the NAACP Legal Defense and Educational Fund, Inc.

Ogunlesi is from Sagamu, Ogun State. His father, Theophilus Ogunlesi, was Nigeria’s first professor of medicine.

He attended Kings College, Lagos, before proceeding to Oxford University, where he graduated with a First Class honours in Philosophy, Politics and Economics.

He also graduated from Harvard Law School in 1979 and later got an MBA from Harvard Business School.

Ogunlesi had a banking career with Credit Suisse First Boston (CSFB) from 1983 and rose to become its executive vice chairman.

During his stint at Credit Suisse, he advised clients on transactions and corporate finance in North and South America, the Caribbean, Europe, the Middle East, Africa and Asia.

Before joining Credit Suisse, Ogunlesi was an attorney in the corporate practice group of the New York law firm, Cravath, Swaine & Moore.

From 1980-81 he served as a law clerk to Associate Justice Thurgood Marshall of the United States Supreme Court.

He was a lecturer at Harvard Law School and the Yale School of Organisation and Management, where he taught a course on transnational investment projects in emerging countries.

Ogunlesi has served as an adviser, though informally, to Nigerian governments. He was an informal adviser to former President Olusegun Obasanjo on privatisation.

Despite having lived in the US for decades, he still maintains ties with his homeland.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Government

University Of Ibadan (UI) Goes Digital, Releases Timetable for Virtual Academic Session

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University Of Ibadan (UI) Goes Digital, Releases Timetable for Virtual Academic Session

University of Ibadan (UI) on Friday announced it is going ahead with resumption on February 20 despite the second wave of COVID-19.

In a statement released by the school, the First Semester of the 2020/2021 academic session will commence virtually on February 20, 2021.

The virtual academic session will last for 13 straight weeks and end on Friday May 12, 2021, while the matriculation ceremony will hold on Tuesday March 16, 2021.

The University of Ibadan also scheduled one week for the Finalization of Continuous Assessment, to begin from Mon. 17 May and ends Friday 21 May.

The rising number of COVID-19 cases has compelled the Senate to approve the virtual academic session in an effort to ensure the tertiary institution abides by the protocols established by the Federal Government to curb the spread of the pandemic.

“It, therefore, agreed that the 2020/2021 First Semester lectures will be delivered online. In this regard, students will not be accommodated on campus,” a statement from the school said.

“Senate also approved the cancellation of the 2019/2020 session. The next session is, therefore, renamed 2020/2021 Academic Session. Consequently, students who have been admitted for the 2019/2020 session will now be regarded as the 2020/2021 intakes.

“Kindly note that online opening of Registration Portal and Orientation Programme for the 2020/2021 intakes may commence ahead of the Sat 20/02/21 date indicated above,” the statement said.

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House of Representatives Impeached Trump Over Capitol Invasion

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House of Representatives Impeached Trump Over Capitol Invasion

The United States House of Representatives on Wednesday impeached President Trump for the second time after instigating the US Capitol invasion.

Led by Speaker of the House, Nancy Pelosi, 232 representatives, including 10 Republicans, voted to impeach the outgoing president against 197 that voted for him to remain in the office for the next six days when he would handover to the president-elect, Joe Biden.

The ten Republicans were Representatives Liz Cheney of Wyoming, the party’s No. 3 leader in the House; Jaime Herrera Beutler of Washington; John Katko of New York; Adam Kinzinger of Illinois; Fred Upton of Michigan; Dan Newhouse of Washington; Peter Meijer of Michigan; Anthony Gonzalez of Ohio; David Valadao of California; and Tom Rice of South Carolina.

Speaking before the vote, Pelosi said “a constitutional remedy that will ensure that the Republic will be safe from this man who is so resolutely determined to tear down the things that we hold dear and that hold us together.”

“He must go. He is a clear and present danger to the nation that we all love,” she said, adding later, “It gives me no pleasure to say this — it breaks my heart.

Republicans, who unanimously stood behind president Trump in 2019 during his first impeachment, were divided this time over the attack on Capitol.

A Republican representative from California, Kevin McCarthy, said “The president bears responsibility for Wednesday’s attack on Congress by mob rioters,” Mr. McCarthy said. “He should have immediately denounced the mob when he saw what was unfolding.”

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US Congress Declares Joe Biden as The 46th President of The United States After Trump Mob Left

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Joe Biden Economic Impliccations on Nigeria

US Congress Declares Joe Biden as The 46th President of The United States After Trump Mob Left

The joint congress of the United States on Thursday, January 7, 2021 certified Joe Biden as the 46th President of the United States following President Trump’s mob action that disrupted the congress joint proceeding on Wednesday.

After ordering his followers to disrupt proceedings on Wednesday, President Trump later announced that there will be an orderly transition on January 20.

Even though I totally disagree with the outcome of the election, and the facts bear me out, nevertheless there will be an orderly transition on January 20th,” Trump said in a statement issued by White House Deputy Chief of Staff Dan Scavino.

“I have always said we would continue our fight to ensure that only legal votes were counted. While this represents the end of the greatest first term in presidential history, it’s only the beginning of our fight to Make America Great Again!” Trump added.

While the certification was just a mere formality as Biden had secured enough electoral college votes (270) required to clinch the world’s most powerful seat, the refusal of Donald Trump to accept the results of the November 2020 election made the session a keenly watched, especially after Trump mob disrupted a joint session of the Senate.

Also read Facebook, Twitter, Instagram Lock President Trump Out of Their Platforms Following Insurrection

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