Meet The Managing Director Of NSIA, Aminu Umar-Sadiq

Meet The Managing Director Of NSIA, Aminu Umar-Sadiq

Meet The Managing Director Of NSIA, Aminu Umar-Sadiq

Meet The Managing Director Of NSIA, Aminu Umar-Sadiq

In simply final week, Aminu Umar-Sadiq succeeded Uche Orji because the Managing Director/Chief Government Officer of the Nigeria Sovereign Funding Authority (NSIA). This makes him the second boss of the institution that manages Nigeria’s Sovereign Wealth Fund.

Meet The Managing Director Of NSIA, Aminu Umar-Sadiq

Expectations are excessive from him as he’ll now play a number one position in driving sustained financial improvement for the advantage of all Nigerians. Right here’s what you need to find out about Umar-Sadiq.  

Umar-Sadiq is a skilled funding banker, and so very certified to guide the funding establishment of the federal authorities. His profession began on an excessive word with Morgan Stanley’s mergers and acquisitions division, the place he executed lots of offers centered on Infrastructure, Vitality, and Utilities.  

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Umar-Sadiq moved on to Denham Capital Administration, a non-public fairness agency with a pure sources specialist, and this time his work shifted to Infrastructure centered personal fairness for the following couple of years. He lastly joined Société Générale’s mergers and acquisitions division for a few 12 months. All of those experiences being garnered throughout totally different sectors and organizations would show very vital within the later part of his profession.  

His time with NSIA has summarily been about growing, executing, and managing vital home infrastructure initiatives throughout core sectors like healthcare, roads, and energy sectors. One of many issues that contribute to his wealthy expertise is the years he spent as Portfolio Supervisor – Nigeria Infrastructure Fund the place he led investments in toll roads, healthcare, agriculture, energy, and real-estate 

Meet The Managing Director Of NSIA, Aminu Umar-Sadiq

Working with the Nigeria Sovereign Funding Authority (NSIA), he served as a Member of the Government Committee and Board of NSIA, and the Deputy Head – of Nigeria Infrastructure Fund the place he was liable for the origination, execution, and administration of infrastructure (directs) and personal fairness investments (funds and direct co-investments) in Nigeria.

He additionally labored as Government Director & Head of Direct Investments, and his latest appointment got here after over a decade within the institution. Umar-Sadiq additionally labored as Government Director, Subsidiaries, and Funding on the Authority. 

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He serves on quite a few boards in a non-executive capability, together with the Fund for Agricultural Finance in Nigeria (FAFIN), NSIA Healthcare Growth and Funding Firm, and Multipurpose Industrial Platform Restricted (MIPL). 

He’s an Archbishop Tutu Management Fellow (ATLF), a Nigeria Management Initiative Affiliate, and likewise Mandela Washington Fellow (MWF). Umar-Sadiq equally serves as a Mentor with Endeavor. He has volunteered at the African Management Institute since January 2018, in addition to the Most Influential Folks of African Descent (MIPAD) since October 2021. He’s a member of the Institute Of Administrators IoD, Nigeria, and likewise serves as NLI Board member. 

Aminu holds Bachelor’s and Grasp’s levels in Engineering Sciences from the College of Oxford (Saint John’s School), Oxford, United Kingdom. He additionally has a Management Diploma, from the Saïd Enterprise College, Oxford.  

What Aminu might Be Doing At NSIA 

The NSIA Act (2011) empowers the institution to obtain, handle and make investments funds in a diversified portfolio of medium and long-term belongings on behalf of the Federal Authorities, State Governments, Federal Capital Territory, and Native Governments Space Councils in preparation for the eventual depletion of Nigeria’s hydrocarbon sources. 

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NSIA executes this mandate by way of the three essential funds: the Stabilisation Fund, the Future Generations Fund, and the Nigeria Infrastructure Fund (which Umar-Sadiq has managed as Director prior to now). As MD/CEO of the funding institution, Umar Sadiq should oversee all three funds.  

This means that he’ll play a vital position in offering financial help in occasions of financial stress; saving funds for future generations of Nigerians, and investing in home infrastructure. Would it not be too far-reaching to say Umar-Sadiq would possibly now be one of many tripod stands on which Nigeria’s future leans closely? At the very least for so long as he’s NSIA boss…  

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