The African Development Bank Group is pleased to announce the appointment of Dr. Beth Dunford as Vice President, Agriculture, Human and Social Development, effective 1st July 2021.
Dr. Dunford, a national of the United States of America, brings extensive experience to this role. She has held senior level leadership positions in the US government, where she managed large and complex programs, working with the private sector, civil society, and multilateral and bilateral institutions, as well as with African governments, to deliver agricultural, social and human development impact at scale.
Prior to her appointment, Dunford worked as the Assistant to the Administrator in the U.S. Agency for International Development’s (USAID’s) Bureau for Resilience and Food Security, as well as the Deputy Coordinator for Development for Feed the Future, the U.S. government’s global hunger and food security initiative. In this dual role, she coordinated Feed the Future across multiple U.S. government agencies, oversaw a $1 billion annual budget and leveraged millions of direct private sector investment annually. In this capacity, she also coordinated a $2.3 billion Feed the Future presidential initiative across 11 U.S. government agencies and forged partnerships within the private sector and civil society targeted at reducing hunger and poverty. She also led USAID’s technical and regional expertise focused on improving agriculture-led growth, resilience, nutrition and water security, sanitation and hygiene.
A career member of the senior foreign service at USAID, Dunford previously served as Director of USAID’s Mission in Nepal, leading the U.S. government’s health, education, agriculture and environment programs as well as its contribution to Nepal’s massive earthquake recovery and reconstruction effort. She also worked in Afghanistan as Agriculture and Alternative Livelihoods Program Director, USAID/Afghanistan, where she directed agriculture, resilience and emergency food assistance programs.
Dunford has also served in Ethiopia as Director, Office of Assets and Livelihoods, USAID/Ethiopia, where she led government officials, scholars, donors and NGOs, to craft the program, now a model used worldwide to map how emergency and development operations can collaborate to build communities’ resilience to recurrent crises.Dunford also held a number of roles in Washington, including Deputy Assistant to the Administrator in the Bureau for Food Security and Senior Development Advisor to the Secretary of State’s Special Representative to Afghanistan and Pakistan. Dr. Dunford also worked as Senior Policy Advisor, Office of the Chief Operating Officer and as Regional Development Advisor, East Africa, USAID/Washington.
Commenting on her appointment, Dunford said: “I am excited to join the African Development Bank Group and be part of the senior management team. I am passionate about the Bank’s development agenda that has attracted global attention as bold and innovative for accelerating Africa’s development. I am honored to be part of the team to further achieve social and economic transformation on the continent”.
President of the African Development Bank, Dr. Akinwumi A. Adesina said, “I am delighted to appoint Dr. Beth Dunford as Vice President to lead the Bank’s work on Agriculture, Human and Social Development. Beth is a strategic and effective leader with deep knowledge and impressive track record in designing and delivering highly impactful large-scale programs that have helped in lifting 27 million people out of poverty in 36 countries. With over 20 years experience working and delivering programs globally with a focus in Africa, she brings hands-on leadership and drive that will further accelerate our work to deliver greater development impacts”.
Seplat Energy Appoints Dr. Emma FitzGerald as an Independent Non-Executive Director
Seplat Energy Plc has appointed Dr. Emma FitzGerald as an Independent Non-Executive Director of the Company, the company disclosed on Thursday.
Dr. FitzGerald will replace Lord Mark Malloch-Brown who retired from the Board of the Company on 1st August 2021.
Dr. Emma FitzGerald Profile
Dr. FitzGerald is a seasoned executive in Energy & Water, with hands-on experience in transformation through her many years of working at Shell, ranging from building its lubricants business in China to running its Global Retail network.
From 2007-2010, she was accountable for Shell’s Downstream strategy and played a key role in reshaping Shell’s renewables strategy including the creation of Raizen, a game changing biofuels JV with Cosan. From 2013 to 2018 she ran gas distribution and water & waste networks for National Grid and Severn Trent where she successfully
positioned them as sustainability thought leaders in their Industries.
Most recently Dr. FitzGerald served as CEO of Puma Energy International, a global energy company owned by Trafigura and Sonangol, which is focused on high potential developing markets in Africa, Asia and Central America. In 2020 she set up Puma’s Future Energies division to play a critical role in helping customers and communities find the right energy solutions to support the energy transition. Over the last 10 years she has served on various Boards in executive and non-executive capacities and currently sits on the board of UPM Kymmene, an international paper & biomaterials business focused on innovating for a future beyond fossil fuels.
Commenting on the appointment, Dr. A. B. C. Orjiako, Chairman of SEPLAT Energy said: “The Board of SEPLAT Energy is indeed delighted to have Dr. Emma Fitzgerald on board as she brings vast knowledge in important areas such as the energy sector, renewables and sustainability. SEPLAT Energy has a great future ahead and looks forward to the enormous contribution she will make towards its continuing global success.”
Wema Bank Announces Prince Olusegun Adesegun and Mr. Adeyemi Adefarakan as Non-Executive Directors
Wema Bank Plc has announced the appointments of Prince Olusegun Adesegun and Mr. Adeyemi Adefarakan as Non-Executive Directors of the Bank, effective July 19, 2021.
The announcement was after the Central Bank of Nigeria had approved both appointments, the lender disclosed in a statement signed by Johnson lebile, Company Secretary and Legal Adviser, Wema Bank Plc.
Prince Olusegun Adesegun Background
Prince Olusegun Adesegun is a Psychologist with a Masters’ Degree in Industrial Psychology from the University of Ibadan. He served and worked in Pyramid Products Limited as Manager in Training and rose to become the General Manager of the then Eastern Zone in 1988.
He retired and engaged in private business and has overtime garnered experience in marketing administration, management, and supply chain logistics solutions. He eventually became the CEO of Pecol Ventures Limited – a cash crop export and paper products company where he transformed the company from a small producer to a large, world-class Agric-Export firm.
He combined his private business with public service to become Commissioner for Works and Housing in Ogun State twice, and later served as the Deputy Governor of Ogun State between 2011-2015.
He currently serves as a Career Counsellor and Consultant for high quality investment decisions.
Adeyemi Adefarakan Profile
Adeyemi Adefarakan is a seasoned executive with strong global investment banking, portfolio risk, asset and financial management exposure.
He graduated with a BSc (Hons) in Economics & Accountancy from the prestigious City University, London, and holds a Masters degree in International Securities, Investment & Banking from the acclaimed ICMA Centre at the University of Reading, U.K. He is also an alumnus of the Emerging CFO: Strategic Financial Leadership Programme at Stanford Graduate School of Business, USA, and currently pursuing a Global CEO Africa Programme in the triumvirate of business schools comprising of Lagos Business School, Strathmore Business School (Nairobi, Kenya) and Yale School of Management (Connecticut, USA).
Yemi currently serves as the Group Chief Financial Officer and an Executive Director on the board of CBSL (Continental Broadcasting Service Limited). He holds other boards positions where he continues to create and extract shareholder value through active board engagement.
Prior to joining CBSL, Yemi forged his career on the trading floors of some of London’s financial powerhouses, to wit; State Street Global Markets, DRW Investments, JP Morgan Chase, Deutsche Bank and HSBC Global Asset Management, where he traded both vanilla and complex instruments and riskmanaged multi-billion-dollar multiasset portfolios.
FCMB Limited Announces Appointment of Mrs. Oluwatoyin Olaiya as Executive Director, Risk & Compliance
The Board of Directors of First City Monument Bank Limited (the Bank) have announced the appointment of Mrs. Oluwatoyin Olaiya as Executive Director, Risk & Compliance. This follows the approval of the Central Bank of Nigeria (CBN).
Mrs. Olaiya is a finance and risk management professional with over 30 years of experience. Prior to her appointment, she was the Chief Risk Officer / Divisional Head Risk Management at FCMB, overseeing Enterprise Risk Management, Risk Policy, Credit Administration, Credit Underwriting and Monitoring.
She has been responsible for redefining the Bank’s risk policies, improving risk management culture across the institution, and proactively ensuring the implementation of a cyber security strategy for the Bank.
She started her career as an auditor with KPMG, from where she moved to different roles in domestic operations, internal audit, business development, financial control, compliance and enterprise risk management in the banking industry. She joined FCMB in 2016 from Sterling Bank, where she was the Acting Chief Risk Officer.
Mrs. Olaiya is an Accounting graduate of the University of Ife (now Obafemi Awolowo University), and a fellow of the Institute of Chartered Accountants of Nigeria.
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