Kingsley Moghalu

Dr. Kingsley Bosah Chiedu Moghalu (born 1963 in Lagos, Nigeria) is Deputy Governor of the Central Bank of Nigeria (CBN), and head of the Bank's Operations directorate, responsible for the central bank's role as banker to the Government of Nigeria and banker of last resort to commercial banks, issuance of the country's currency, and the management of Nigeria 's foreign reserves as well as the nationwide branch network of the CBN and information technology operations. He was previously Deputy Governor for Financial System Stability in charge of the prudential regulation of banks and financial institutions, the management of systemic risk, and the development finance programs of the CBN. He is a member of the Board of Directors, the Monetary Policy Committee, and the Committee of Governors of the CBN, and is a member of the Federal Government of Nigeria's Economic Management Team.

Moghalu is a former United Nations official and was the Founder and Chief Executive Officer of Sogato Strategies S.A., a corporate strategy and risk management consulting firm with headquarters in Geneva, Switzerland.

He is the author of three books, Emerging Africa: How the Global Economy's 'Last Frontier' Can Prosper and Matter (Bookcraft, 2013, to be published by Penguin in 2014), Global Justice (Stanford University Press, 2008) and Rwanda's Genocide (Palgrave Macmillan, 2005), as well as numerous articles on law, development, political economy and public policy in journals and newspapers around the world. His publications have appeared in Central Banking Journal, Journal of Banking and Finance, The Fletcher Forum of World Affairs, The Washington Post and the International Herald Tribune.

Early life

Moghalu was born 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 as the Joan Gillespie Fellow at Tufts University's Fletcher School of Law and Diplomacy in Medford, Massachusetts, USA, where he was 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 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).

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.

External links

• Official OICI website