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Arunma oteh education

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Title
Director General; Chair of the Africa, Middle East Regional Committee
Company
Securities and Exchange Commission, Nigeria; IOSCO
Bio

Arunma Oteh became the director general of the Securities and Exchange Commission (SEC), in January 2010 and was elected chairman, Africa Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO) in June 2010. She is a member of the Nigerian Economic Management Team (NEMT) chaired by the President of Nigeria and a director of the Boards of the National Pension Commission and the Asset Management Company of Nigeria. She is also a Board member of the International Organisation of Securities Commissions (IOSCO) and a member of the World Economic Forum (WEF) Global Agenda Council on Institutional Governance. Prior to joining the SEC she was executive vice president, Corporate Services, from 2006 to 2009 and group treasurer from 2001 to 2006, at African Development Bank Group (AfDB). She also held other positions in treasury and lending in the course of her career in the bank, which she jo

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Arunma Oteh joined the World Bank as Treasurer on 30th September 2015. As Treasurer, she leads a team that manages a USD 200 billion debt portfolio, assets totaling USD 200 billion for 65 internal and external clients including the World Bank Group, central banks, sovereign wealth funds and other official institutions.  She and her team also maintain the World Bank’s global reputation as a prudent and innovative borrower in over 50 currencies by executing transactions and carefully coordinating credit rating and capital market relationships for the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).  They also leverage a derivatives portfolio of more than USD 600 billion for risk management and process annual cashflows of more than USD 7 trillion. She is also responsible for an extensive financial advisory business for World Bank clients.

Prior to joining the Bank, she served as Director General of the Securities and Exchange Commission (SEC), Nigeria from 2010 to 2015.  During this period, she rebuilt

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I’m in relentless pursuit of excellence – Former World Bank Treasurer, Oteh

Arunma Oteh is a former Vice President and the first black Treasurer of the World Bank. She is also a former Director-General of the Securities and Exchange Commission, Nigeria. She tells BLESSING ENENAITE about her career, achievements and other issues

What inspired you to become an economist?

I have often explained that I started my career at the dining table after dinner, when my dad made me read annual reports of companies listed on the Nigerian Exchange (formerly Nigerian Group Exchange), that he and my mother had invested in to complement their income. They were civil servants and did not earn very much. Businesses always talked about the macroeconomic and microeconomic context of their annual performance. So, I started learning economic concepts from an early age. I, however, ended up studying Computer Science for my first degree, as I was certain that I wanted to become an inventor.

While I taught a first year Computer Science course while observing the National Youth Service Cor

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