Kingsley Moghalu

Kingsley Chiedu Moghalu, former Deputy Governor of the Central Bank of Nigeria, has been appointed Professor of Practice in International Business and Public Policy for the 2015-2016 academic year. Dr. Moghalu is the President and Founder of Sogato Strategies, an emerging markets strategy and risk advisory firm, a Partner in the U.S. law firm Cooke Robotham LLP, and an alumnus of The Fletcher School. He will return to Fletcher to teach a course on emerging Africa in the world economy, participate in public events and private engagements with faculty and students, and support research into emerging markets as a force in the global economy in connection with the School’s Institute for Business in the Global Context (IBGC). During his five-year term at the central bank from 2009 to 2014, Dr. Moghalu led the implementation of far-reaching reforms to Nigeria’s banking sector after the global financial crisis as Deputy Governor for Financial Stability. He is the author of four books including the acclaimed “Emerging Africa: How the Global Economy’s ‘Last Frontier’ Can Prosper and Matter” (Penguin Books, 2014) and a forthcoming book on global banking reform. His prior experience also includes prominent positions in the United Nations and the private sector. () Mr Moghalu, who took his PHD at the London School of Economics and is the son of a Nigerian diplomat to Washington DC, is one of three deputy governors of the central bank and said he had no plans to resign. He vehemently denied being under investigation himself, or being accused of any wrongdoing by the report into Mr Sanusi, although newspapers in Nigeria citing the document quote it as recommending the president "cause the governor and the deputy governors to cease from holding office in the CBN [Central Bank of Nigeria.]"() Kingsley Chiedu Moghalu, Founder and Chief Executive Officer of Sogato Strategies LLC and former Deputy Governor of the Central Bank of Nigeria,()

Early life

Moghalu was born in 1963 to Isaac Moghalu, a Foreign Service Officer in the Ministry of Foreign Affairs of Nigeria, and Vidah Moghalu, a teacher. His early childhood was spent in Geneva, Switzerland, and Washington DC, USA where his father served on diplomatic postings. The family returned to Nigeria in the late 1960s.

Moghalu studied law at the University of Nigeria, Nsukka, and was admitted as a Solicitor and Advocate of the Supreme Court of Nigeria in 1987, after obtaining a Barrister at Law degree at the Nigerian Law School, Lagos. He worked as a corporate lawyer with Shell Petroleum Development Company (Nigeria) Ltd. and Newswatch Communications Ltd. in Lagos. Moghalu was a special correspondent for the Christian Science Monitor, South, and the Africa News Service, and columnist for The Guardian, one of Nigeria's leading independent newspapers.

Higher education

In 1991 Moghalu undertook graduate studies at Tufts University's Fletcher School of Law and Diplomacy in Medford, Massachusetts, USA, where he was a Joan Gillespie Fellow and a Research Assistant in the International Political Economy (IPE) Program and obtained a Master of Arts degree in 1992.

He later obtained a Ph.D. at the London School of Economics (LSE) in the United Kingdom, and holds an International Certificate in Risk Management from the Institute of Risk Management in London.

United Nations

Moghalu was appointed to the United Nations Secretariat by Secretary-General Boutros Boutros-Ghali in May 1992. He worked for the UN for 17 years in legal affairs, strategic planning, executive management and development finance posts at duty stations in New York, Cambodia, Croatia, Tanzania, and Switzerland, rising to the rank of Director in the organization. From 2002 to 2008 he was the Head of Global Partnerships and Resource Mobilization and a member of the Risk Management Committee of the The Global Fund in Geneva, Switzerland, an international development finance organization with $20 billion in assets and a $15 billion investment portfolio in 140 countries as of 2008. He served as a member of the Global Fund's Senior Management Group, which sets corporate policy and strategy for the international public-private partnership institution. He was Legal Advisor and the Spokesman of the United Nations International Tribunal for Rwanda at Arusha, Tanzania from 1997 to 2002, and served as a Political Advisor at the UN Headquarters in New York and in UN missions in Cambodia and Croatia from 1992 to 1997.

In 2006 the Secretary-General of the United Nations, Kofi Annan appointed Moghalu a member of the Redesign Panel on the United Nations Internal Justice System, which undertook a comprehensive evaluation and redesign of the transparency, accountability and regulatory compliance systems within the UN as part of major management reform of the United Nations.

Post UN

The President of Nigeria appointed Moghalu as Deputy Governor of the Central Bank of Nigeria in November 2009 following the nominee's confirmation by the Senate of Nigeria's National Assembly.

Kingsley Moghalu founded Sogato Strategies SA in January 2009. He was Executive Director of the Swiss-Africa Business Roundtable, and was a member of the Board of Directors of Opportunities Industrialization Centers International Inc. (OICI). He also serves on the Advisory Board of the Official Monetary and Financial Institutions Forum (OMFIF).

Honours

He has been awarded several honours including the Nigerian national honour of Officer of the Order of the Niger (OON), Fellow of the Chartered Institute of Bankers of Nigeria (FCIB) and the Rotary International Distinguished Service Award.

Personal life

Kingsley Moghalu married Maryanne Moghalu (née Ezike) in 1994, and the couple have four children.