Former Airtel Africa Boss, Segun Ogunsanya Inaugurated As NSIA Board Chair

Mr. Wale Edun, the minister of finance and Coordinating Minister of the Economy, has inaugurated a new board for the Nigeria Sovereign Investment Authority (NSIA) with Mr. Segun Ogunsanya as the board Chairman.

According to a post on the Ministry of Finance’s X account on Thursday, Edun inaugurated the NSIA board at the ministry’s headquarters.

Ogunsanya, former Airtel Africa CEO, was named the chairman of the board with other board members included Aminu Umar-Sadiq, NSIA managing director and CEO, Fabian Ajogwu, Abdullahi Mahmud Gaya and Ahmed Goniri, Ada Osakwe, Suleyman Ndanusa, Ijeoma Taylaur and Kola Owodunni.

The ministry said 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 the President, H.E. Bola Ahmed Tinubu, GCFR, following endorsement by the Vice President, H.E. Senator Kashim Shettima, GCON, who serves as the Chairman of the National Economic Council (NEC),” the ministry said.

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.

In his inaugural remarks, Ogunsanya 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 said.

Ogunsanya also outlined the board’s ambition to significantly increase the fund under its management.