Buhari okays Ogechi Paschal-Ejiogu as non-executive director of NSIA

President Muhammadu Buhari has approved the appointment of Ogechi Paschal-Ejiogu to the board of directors of the Nigeria Sovereign Investment Authority (NSIA).

In a statement issued on Thursday, NSIA said Paschal-Ejiogu will replace Ike Chioke, a former appointee from the south-east.

“She replaces Ike Chioke, the former appointee for the South-East region of Nigeria, who following his appointment in 2021, had respectfully requested to be relieved of board duty at the NSIA as his firm was appointed to support the government in another role,” the statement reads.

President Buhari had inaugurated a 9-member board of the NSIA in 2021, including Ike Chioke.

“Dr. Paschal-Ejiogu brings nearly two decades of cognate experience spanning the social services and healthcare industry to the Board of NSIA,” the statement adds.  

“A Doctoral-level academic, she possesses in-depth knowledge of complex economic concepts and is adept at applying theories and ideas to real-world situations. 

“She also possesses a strong understanding of business finance, econometric modelling, data analysis, planning, and interpretation and has, over the last two decades, contributed significantly to the social services and healthcare industry both in Nigeria and in the United States of America.

“She obtained a Doctorate Degree in Economics, with distinction from the prestigious Howard University (USA) in Washington DC, specializing in Public Policy and Development. 

“Prior to this, Dr. Paschal-Ejiogu graduated from the University of Reading, UK with a Masters in Development Economics and Policy, having also earned her first degree from the Imo State University where she bagged a BSc. in Economics.

“Dr. Paschal-Ejiogu brings a unique set of skills, exposure, and expertise to the Board of the NSIA, which complements the existing array of Board-level talents.”

Speaking on the appointment, Farouk Gumel, chairman, board of directors, NDIA, commended Buhari for appointing Paschal-Ejiogu to the board of NSIA. 

“We are pleased to welcome Dr. Ogechi Paschal-Ejiogu to the Board,” Gumel said.

“We thank His Excellency, President Muhammadu Buhari for prioritizing NSIA’s Board appointments and also for the choice of Dr. Paschal-Ejiogu who brings invaluable international experience to the Board.”

In his comment, Uche Orji, managing director and chief executive officer (CEO) of NSIA, said Paschal-Ejiogu’s academic pedigree and deep experience in the social services and healthcare industry makes her a unique addition to the board.

“Her wealth of experience will contribute towards the attainment of the Authority’s long-term strategic goals,” Orji said. 

“We are pleased with the appointment and look forward to working with Dr. Ogechi Paschal-Ejiogu and the Board.”