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Aminu Umar-Sadiq to head Nigeria's Sovereign Investment Authority


2018 Tutu Fellow Aminu Umar-Sadiq is now the new MD and CEO of NSIA, the Nigeria Sovereign Investment Authority.

In 2019 he was appointed as Executive Director and Member of the Board of NSIA by President Muhammadu Buhari and prior to that he was Senior Vice-President and Deputy Head of Infrastructure for the Investment Authority.  His new appointment as head of the organisation was made in October 2022.

NSIA empowers the receiving, managing and investing of funds in a diversified portfolio on behalf of the Federal Government, State Governments, Federal Capital Territory, and Local Governments Area Councils in preparation for the eventual depletion of Nigeria’s hydrocarbon resources.

The Investment Authority has co-led the development of a number of strategic infrastructure initiatives in Nigeria, including the establishment of InfraCredit, a specialized financial guarantor catalyzing domestic pension funds’ participation in financing domestic infrastructure assets.  At the invitation of President Buhari, Aminu led the implementation of the Presidential Fertiliser Initiative, a transformative import-substitution program for the domestic production and supply of high-quality fertilizer to Nigerian farmers.

Prior to his work for the government, he worked in mergers and acquisitions with Morgan Stanley Investment Bank in the Energy and Utilities sectors. He has also worked with Denham Capital Management, an oil and gas, mining, and power-focused private equity fund.

Aminu co-led the development of Nigeria Leadership Initiative's (NLI) Future Leaders Program, a bi-annual leadership development program focused on creating a growing, global network of credible, community-spirited young Nigerian leaders, serving on NLI's inaugural board.

Aminu’s new position was announced by NSIA, where you can read more.

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Wednesday, 01 February 2023

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