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Economic Development and the Banking Sector in Nigeria

Date: Thursday, June 21, 2012

City: Philadelphia, PA

 

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Event Details

The Global Interdependence Center is delighted to welcome Dr. Kingsley Chiedu Moghalu, Deputy Governor of the Central Bank of Nigeria, for a luncheon program at the Federal Reserve Bank of Philadelphia.

Dr. Kingsley Chiedu Moghalu is Deputy Governor of the Central Bank of Nigeria in charge of the Financial System Stability (FSS) Directorate. He is responsible for the implementation of far-reaching reforms to enhance the quality and stability of banks and other financial institutions. He supervises the following Departments of the Central Bank of Nigeria: Financial Policy and Regulation Department, Banking Supervision Department, Other Financial Institutions Supervision Department, and the Development Finance Department. He is also a member of the President of the Federal Republic of Nigeria’s Economic Management Team (EMT).

Event Location

Date: Thursday, June 21, 2012
Time: 11:45 AM - 02:00 PM
City: Philadelphia, PA

Federal Reserve Bank of Philadelphia - Pennsylvania Room

The Bank is located between 6th and 7th Streets at the intersection of Arch St. Please enter the Bank at the 7th Street side entrance. You will be required to present your ID at security. Please allow ample time to pass through security.

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Speaker Bios

moghalu

Kingsley Chiedu Moghalu

Deputy Governor, Central Bank of Nigeria

Dr. Kingsley Chiedu Moghalu is Deputy Governor of the Central Bank of Nigeria in charge of the Financial System Stability (FSS) Directorate. He is responsible for the implementation of far-reaching reforms to enhance the quality and stability of banks and other financial institutions, and supervises the following Departments of the Central Bank of Nigeria: Financial Policy and Regulation Department, Banking Supervision Department, Other Financial Institutions Supervision Department, and the Development Finance Department. He is also a member of the President of the Federal Republic of Nigeria’s Economic Management Team (EMT).

Kingsley Moghalu was born in Lagos in 1963 to Isaac Moghalu, a Nigerian Foreign Service Officer in the Ministry of Foreign Affairs, and Mrs. Vidah Moghalu. He obtained the LL.B. (Honours) degree in law at the University of Nigeria, Nsukka in 1986, the B.L. (Barrister at Law) from the Nigerian Law School, Lagos, an M.A. from The Fletcher School of Law and Diplomacy at Tufts University, USA, and a Ph.D. in International Relations from the London School of Economics (LSE) at the University of London, UK. He also obtained an International Certificate in Risk Management from the Institute of Risk Management, London, UK.

Prior to his appointment as Deputy Governor of the Central Bank of Nigeria, Dr. Moghalu was the Founder and Chief Executive Officer of Sogato Strategies S.A., a risk management and corporate strategy consultancy firm in Geneva, Switzerland. He was also the Executive Director of the Swiss-Africa Business Roundtable.

He previously worked for the United Nations for 17 years, from 1992-2009, in legal, management and strategic planning posts at duty stations in New York, Cambodia, Croatia, Tanzania, and Switzerland, rising to the rank of director in the Organization. In 2006 the Secretary-General of the United Nations appointed Dr. Moghalu a member of the high-level Redesign Panel on the United Nations Internal Justice System. The Redesign Panel overhauled the transparency, accountability and regulatory compliance system of the United Nations as a key component of the management reform of the UN.

From 2002 to 2008, Dr. Moghalu was the Director of Global Partnerships and a member of the Risk Management Committee of the Geneva-based Global Fund, an international development finance organization with $20 billion in assets and a $15 billion investment portfolio in 140 countries. He was Legal Advisor and the Spokesman of the United Nations International Tribunal for Rwanda at Arusha, Tanzania from 1997 to 2002, and served as a Political Advisor at the United Nations Headquarters in New York and in UN missions in Cambodia and Croatia, from 1992 to 1997.

Before joining the United Nations Service in 1992, Dr. Moghalu was a Country Risk Analyst for Political Risk Services (PRS) Group, Inc., USA, Research Assistant in the Global Political Economy Program at The Fletcher School, Tufts University, General Counsel of Newswatch Communications Ltd., Lagos, and Legal Officer (National Youth Corps Scheme), Shell Petroleum Development Company of Nigeria Ltd., Lagos. Kingsley Moghalu is the author of two books on international law and politics, and of numerous articles on law, development, and political economy. He is a member of the Institute of Risk Management, UK, Global Association of Risk Professionals (GARP), the American Bar Association (Associate Member), and the Nigerian Bar Association.

He is married with children.