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Oyebanji Fehintola Joins CFA Board of Governors

CFA appoints Oyebanji Fehintola the first-ever Governor from Africa, and Mei Gao, CFA, from China

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CFA Institute

CFA Institute, the global association of investment professionals, today announces its Board of Governors, effective Sept.1, 2022, the start of the new fiscal year at CFA Institute. This year, the Board of Governors welcomes two first-term Governors, Oyebanji Fehintola, CFA, the first-ever Governor from Africa, and Mei Gao, CFA, from China.

Mark Lazberger, CFA, has been reelected to the role as Chair of the Board of Governors, and Tricia Rothschild, CFA, has also been reelected to the role as Vice Chair of the Board of Governors.

“I am honored to continue as Chair of the Board of Governors of CFA Institute, working alongside my fellow Governors to advance the mission of this organization,” said Mark Lazberger, CFA, Chair of the Board. “We will continue to build a more inclusive organization that reflects the global footprint of our members. We are delighted to welcome our two new board members, Oyebanji Fehintola and Mei Gao, who bring unique perspectives from different parts of the world. Africa is the fastest-growing and youngest continent in the world in terms of population, and we believe that CFA Institute and its growing global membership can play an integral role in fostering more transparent, ethical, purpose-driven financial markets in this region.”

Margaret Franklin, CFA, President and CEO, CFA Institute, comments: “I approach each fiscal year with an acute sense of possibility for all that we can accomplish as an organization in the year ahead, and this year is no exception. Our organization will continue to expand its suite of educational offerings to support new workplace dynamics and professional development needs, evolve the flagship CFA Program to meet the current and future requirements of employers and candidates, and, of course, provide value and community for our membership and global society network – one of our greatest strengths.”

In terms of the new Board members, Fehintola is a Senior Director at the Africa Finance Corporation. He also holds roles on several boards, including the Infrastructure Credit Guarantee Company, Affinity Capital, the Platform for Educational Advancement Ltd/Gte, and the New Frontiers Learning Centre, of which he is also a Co-Founder. Fehintola was a founding board member of CFA Society Nigeria in 2013 and served as society president for four years, from 2017 to 2021.

Gao is a Partner and Portfolio Manager at IDG Capital. She also serves as a director on the boards of Cavamont Holdings, Ltd. and Generation Asia I Acquisition Ltd. Prior to her current role, she served as the President of Fore Research & Management. Gao is an active member of CFA Society Beijing.

Board of Governors Roster

The FY2023 CFA Institute Board of Governors comprises a diverse group of 14 members who reside in nine countries, namely: Australia, Canada, China, Germany, India, Malaysia, Nigeria, United Kingdom, and the United States. CFA Institute membership elects officers for a one-year term and Governors for a three-year term for fiscal years, which run from September 1 to August 31. The full list of Board of Governor members for the new FY2023 term is:

  • Mark Lazberger, CFA, (Australia), Chairman, Omnia Capital Partners
  • Tricia Rothschild, CFA, (United States), Fintech and Global Wealth Management Executive and Independent Director
  • Marshall Bailey, CFA, (United Kingdom) Non-Executive Chairman, MUFG Securities EMEA plc
  • Alexander Birkin, (United Kingdom), Managing Partner, EY
  • Dan Fasciano, CFA, (United States), Director, GW&K Investment Management
  • Oyebanji Fehintola, CFA, (Nigeria), Senior Director, Africa Finance Corporation
  • Margaret Franklin, CFA (Canada), President and CEO, CFA Institute
  • Mei Gao, CFA, (China/United States), Partner, Portfolio Manager, IDG Capital
  • Joanne Hill, PhD, (United States), Chief Advisor, Cboe Vest
  • Heinz Hockmann, PhD, (Germany), Member, Advisory Council, Lovell Minnick Partners LLC.
  • Punita Kumar-Sinha, PhD, CFA, (India/United States), Founder and Managing Partner, Pacific Paradigm Advisors LLC.
  • Yimei Li, CFA (China), CEO, China Asset Management Co. Ltd.
  • Geoffrey Ng, CFA, (Malaysia), Director, Fortress Capital Asset Management
  • Maria Wilton, CFA, (Australia), Director, Victorian Funds Management Corporation

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Appointments

Dame (DR.) Adaora Umeoji Named Zenith Bank GMD/CEO

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Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN).

She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after a very successful tenure.

Dame (Dr.) Adaora Umeoji is the first female GMD/CEO since the inception of the bank, and her appointment is consistent with the bank’s executive transition tradition, succession plan, and strategy of grooming leaders from within.

Prior to this appointment, Dr. Umeoji has been the Deputy Managing Director of the bank since October 28, 2016 and has close to thirty (30) years cognate banking experience of which twenty-six (26) years has been with Zenith Bank.

She is an alumnus of the prestigious Harvard Business School where she attended the Advanced Management Program (AMP) and an alumnus of Columbia Business School with a Certificate in the Global Banking Program.

She holds a Bachelor’s Degree in Sociology from the University of Jos, a Bachelor’s Degree in Accounting and a First-Class honors in Law from Baze University, Abuja.

She holds a Master of Laws from the University of Salford, United Kingdom, a Master in Business Administration (MBA) from the University of Calabar, and also has a doctorate in business administration from Apollos University, USA.

She holds a Certificate in Economics for Business from the prestigious MIT Sloan School of Management, USA, and has attended various management programmes in renowned Universities around the world including the strategic thinking and Management programme at Wharton Business School, USA.

She also attended the executive program in Strategic Management, and has a Certificate in Leading Global Business all from Harvard Business School, USA.

She is a fellow of notable professional bodies including the Chartered Banker Institute, UK, Chartered Institute of Bankers of Nigeria, Nigerian Institute of Management, Institute of Credit Administration, Institute of Certified Public Accountants of Nigeria, Institute of Chartered Mediators and Conciliators, and the Institute of Chartered Secretaries and Administrators of Nigeria among others.

In 2022, the Federal Government of Nigeria honored Dr. Umeoji with Officer of the Order of the Niger, as a recognition of her contributions to nation building. She is a Peace Advocate of the United Nations (UN-POLAC).

She has impacted many lives through her philanthropic and humanitarian activities through her NGOs; Pink Breathe Cancer Foundation and the Adorable Foundation that educates, caters for Cancer patients and indigent children education especially the Girl-Child.

Her contribution to humanity was recognized by the Sun Newspaper which recently bestowed on her the Humanitarian Service Icon Award for 2023.

As a result of her passion for promoting professionalism in the banking industry and improving the well-being of the less privileged, Dr. Adaora Umeoji, OON founded the Catholic Bankers Association of Nigeria (CBAN), a platform she uses to promote ethical banking and service to humanity.

She is a Lady of the Order of Knights of St. John International (KSJI), and was awarded a Papal Knight of the Order of St. Sylvester by His Holiness Pope Francis.

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Heirs Technology Appoints Obong Idiong as Chief Executive Officer (CEO)

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Obong-Idiong

Heirs Technology, the latest subsidiary of investment powerhouse Heirs Holdings, has announced the appointment of Obong Idiong as its Chief Executive Officer (CEO).

This move marks a significant step in the company’s mission to spearhead Africa’s digital transformation through innovative and locally tailored solutions.

Idiong, who previously served as the Managing Director/CEO at Africa Prudential Plc, brings a wealth of experience and a visionary approach to his new role.

During his tenure at Africa Prudential Plc, he led the digital transformation of its registrar services, positioning the company as a technology-driven organization.

His track record of success and expertise in the technology sector make him well-suited to lead Heirs Technology into a new era of growth and innovation.

In his statement following the appointment, Idiong expressed pride in bringing Heirs Holdings’ core values and business approach to the tech sector.

He highlighted the company’s commitment to excellence, execution, and enterprise, aiming to bridge the gap in the technology ecosystem by delivering local relevance to a global market and offering cutting-edge solutions to enhance competitiveness.

Also, Dr. Fumbi Chima has been appointed as the Chair of Heirs Technology. With her extensive experience in technology leadership roles across global organizations, including Adidas, Fox Network Group, and Walmart, Chima brings a wealth of knowledge and insights to her new role.

She expressed enthusiasm for the opportunity to unlock Africa’s potential through Heirs Technology, confident that the company will make a meaningful impact on the continent’s digital landscape.

Heirs Technology’s strategic appointments underscore its commitment to driving Africa’s digital agenda forward and positioning the continent as a leader in technology innovation and entrepreneurship.

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Access Holdings Welcomes Back Mr. Aigboje Aig-Imoukhuede as Chairman After 10 Years

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Access Holdings PLC, a prominent Nigerian financial institution, has announced the return of Mr. Aigboje Aig-Imoukhuede, CFR, as its Non-Executive Chairman after a decade-long hiatus from the organization’s leadership.

Aig-Imoukhuede, a distinguished figure in the Nigerian banking sector, previously served as the pioneering Group Managing Director and CEO of Access Bank.

The decision to reinstate Aig-Imoukhuede as Chairman follows the untimely passing of the former Group CEO, Dr. Herbert Wigwe, CFR.

With the passing of Dr. Wigwe, Access Holdings sought to fill the void in its leadership by inviting Aig-Imoukhuede back to steer the organization forward.

Aig-Imoukhuede brings with him a wealth of experience and a proven track record of success from his previous tenure at Access Bank.

During his leadership at Access Bank from 2002 to 2013, the institution underwent significant growth and transformation, emerging as one of Nigeria’s top five banks with a presence in multiple African countries and the United Kingdom.

In his new role as Non-Executive Chairman, Aig-Imoukhuede will collaborate closely with the Board of Directors to oversee the strategic direction of Access Holdings.

His return signifies the Board’s commitment to building upon the foundation laid by him and Dr. Wigwe, with a focus on driving sustained growth and value creation for stakeholders.

Expressing his excitement about Aig-Imoukhuede’s return, Mr. Abubakar Jimoh, the former Chairman of Access Holdings, highlighted the significance of the appointment for the organization’s future.

Aig-Imoukhuede himself expressed his enthusiasm for rejoining the Access Group ecosystem, affirming his dedication to realizing the shared vision for the institution’s success.

The return of Aig-Imoukhuede to Access Holdings heralds a new chapter for the organization, characterized by his expertise, passion, and commitment to excellence.

Under his leadership, Access Holdings is poised to embark on a journey of impactful growth and sustainable success.

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