Home More Explainers Chinelo Anohu is New Head of Africa Investment Forum
Explainers - Profiles - September 4, 2019

Chinelo Anohu is New Head of Africa Investment Forum

Chinelo Anohu has been appointed as the new head and Senior Director of the Africa Investment Forum (AIF).

The former Director-General of the National Pension Commission (PENCOM) and a member of the London Stock Exchange Africa advisory board, was appointed by the President of the African Development Bank Group Mr Akinwumi Adesina.

Before her appointment which took effect from September 1, 2019, Anohu, was a highly accomplished international corporate lawyer and she had a formidable track record in formulating investment strategies, the AfDB says.

She brings extensive knowledge of institutional investment practice and experience in attracting new capital, expertise in the development of innovative asset classes, spanning pension funds, sovereign wealth funds, private equity and private family wealth fund, the AfDB adds.

It also provides an unparalleled platform for engagements with African Heads of State and Governments to discuss, in the Forum’s unique “Investment Board Rooms”, policy, business and investment incentives to close transactions in real-time.

“I am delighted that Chinelo Anohu is joining us as the Head and Senior Director of the Africa Investment Forum,” Adesina said.

“Her can-do-attitude, leadership, hands-on experience in working with global pension funds and institutional investors, and extensive global networks among institutional investors, will significantly position and help the Africa Investment Forum to drive its global agenda to attract more investments to Africa.”

The Bank is set to hold the 2019 edition of the Africa Investment Forum on 11-13 November 2019 in Johannesburg, South Africa, after a successful inaugural edition in 2018 attracted $39 billion in investment interests for bankable deals in Africa.

The Africa Investment Forum has become Africa’s premier multi-stakeholder transactional platform for leveraging investments from the private sector, African and global financial institutions, global pension funds and sovereign wealth funds and other institutional investors.

Chinelo began her professional career as an Attorney with the global oil conglomerate, Chevron, Nigeria.

She worked in legal and financial services firms in Nigeria and the United Kingdom before joining the Nigerian Bureau of Public Enterprises, the implementation agency for the reform and privatization of state-owned enterprises.

As a consultant assigned by the United States Agency for International Development (USAID), Chinelo helped to restructure and privatize the Nigerian Telecommunications Limited, Nicon Hilton Hotel, and AfriBank, among several others.

An adept and sound negotiator, she successfully worked with acquiring entities, liaising and managing complex relationships, including with the Nigerian National Assembly and labour organisations.

Under her leadership as Director-General of the Nigerian Pension Commission,  the number of contributors rose from five million to close to eight million, while assets under management grew from $19.3 billion to a record $42 billion.

She also introduced innovative micro pension structures that created opportunities for informal sector workers to be included in the contributory pension scheme.

Chinelo created the first-ever World Pension Summit Africa, which was held in Africa three years in a row, and convened global financial experts across the pension industry.

She graduated in 1996 with a Bachelor of Law from the University of Nigeria, Nsukka, and a Master’s degree in Computer and Communications Law from the London School of Economics in 2000.

She has studied at the Kennedy School of Government, Harvard University, USA and the Insead Business School, France.

Japan, AfDB Support Africa’s Private Sector Initiatives with $3.5bn


Check Also

The IGP’s Call for Proactive Measures by Police Managers Ahead of NLC Strike

Usman Alkali Baba, the Inspector General of Police, says the police are gearing up for any…