The African Development Bank Group (AfDB) has appointed former Director General of the National Pension Commission (PenCom) Mrs....
The African Development Bank Group has appointed former Director General of the National Pension Commission Mrs. Chinelo Anohu, as head and senior Director of Africa Investment Forum.
The AfDB described Chinelo Anohu as having an impressive “record in formulating investment strategies. Chinelo 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.”
Speaking on the appointment, Dr. Adesina said he was delighted that Anohu “is joining us as the Head, and Senior Director of Africa Investment Forum. 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 tje African Investment Forum to drive its global agenda to attract more investment to Africa.
Under her leadership as Director General of the Nigerian Pension Commission, the number of pension contributors rose from 5 million to close to 8 million, while assets under management grew from $19.3 billion to a record $42 billion. She also introduced micro pension structures that created opportunities for informal sector workers to be included in the contributory pension scheme.
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