The Africa Private Sector Summit (APSS), a Pan-African non-profit organisation headquartered in Accra, Ghana, has announced the appointment of Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN) as the new chairman of its board of directors.
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Moghalu is a political economist and development expert who served in the CBN from 2009 to 2014. He later became a professor of Practice in International Business and Public Policy at Tufts University’s Fletcher School of Law and Diplomacy in Massachusetts, USA.
He is also the CEO of Sogato Strategies LLC, a consultancy specialising in macroeconomics, investment, and geopolitical risk. In addition, Mogahlu is the President of the Institute for Governance and Economic Transformation (IGET), a public policy think tank.
The ex-CBN deputy governor has an impressive career with a 17-year tenure in the United Nations System, rising to the rank of director, and has authored several books, including “Emerging Africa: How The Global Economy’s Last Frontier Can Prosper and Matter.”
Judson Wendell Addy, the founder and outgoing chairman of APSS, in a statement, said, “The Africa Private Sector Summit is delighted to welcome Kingsley Moghalu as its new board chair. His international leadership experience, credibility, and networks will help advance the goals of APSS, as we proceed with the rollout of the draft Charter on Private Sector Development, Rights and Protection Environment in Africa (Private Sector Bill of Rights), across all of Africa’s five geographic regions plus diaspora.
In response to his appointment, Moghalu said, “I am honoured to have been invited to chair the board of APSS. In collaboration with board colleagues and the executive leadership team, I will work diligently with African companies and other stakeholders, including governments and international organisations, to advance the critical role of the private sector in the structural transformation of African economies in the context of Africa’s economic integration and African Union’s Agenda 2063, our collective journey to Africa we want.”