Kemi Adeosun
Minister of Finance
In office
11 November 2015 – 14 September 2018
PresidentMuhammadu Buhari
Preceded byNgozi Okonjo-Iweala
Succeeded byZainab Ahmed
Personal details
Born (1967-03-09) 9 March 1967
London, England[1]
NationalityNigerian
Alma materUniversity of East London
ProfessionChartered Accountant[2]

Kemi Adeosun (born 9 March 1967) is the former Finance Minister of Nigeria and former chairman of the Board of African Export–Import Bank (AfreximBank).[3][4][5]

Early life and education

Adeosun Kemi was born on 9 March 1967 in London,[6] England to Nigerian parents, both who hail from Ogun State.[7] Her father was government civil Engineer and she was the third child of her father out of four children. Adeosun Kemi earned a Bachelor of Science degree in Economics from a public university locate in Borough, Newham, London called the University of East London and a Postgraduate Diploma in Public Financial Management from the University of London and also attended various Executive Management programmes for her professional career courses such as Leadership training at the prestigious Whartin Business school and she also attended Institute of Chartered Accountant of England and Whare in 1994, which make her qualified as a Chartered Accountant[8][9]

Career

Kemi Adeosun began her career as an accounting assistant at British Telecom, London, from 1989 till 1990, after which she moved to Goodman Jones, London, working as a senior audit officer from 1990 till 1993. Kemi then became the manager of Internal Audit at London Underground, London and Prism Consulting from 1994 till 2000 before joining PricewaterhouseCoopers, London as Senior Manager from 2000 till 2002. In 2002, She became financial controller at Chapel Hill Denham Management and subsequently, managing director in 2010. After working with Quo Vadis Partnership as managing director from 2010 to 2011, she was then appointed Ogun State's Commissioner of Finance 2011. Kemi maintained this role from 2011 to 2015. She was a key part of Governor Ibikunle Amosun's Mission to Build, which turned around economic fortunes of the state.[10]

In November 2015, Adeosun Kemi was appointed Nigeria's Minister of Finance by President Muhammadu Buhari.[11] During the annual general meeting of Afreximbank in Abuja to commemorate its 25th anniversary, Adeosun was elected chairman of the board of the bank. Kemi Adeosun succeeded the outgoing chairman Ndagijimana Uzziel, Minister of Finance of the Republic of Rwanda.[12]

NYSC certificate scandal

On 7 July 2018, Nigerian online newspaper Premium Times alleged that Kemi Adeosun had illegally obtained her NYSC exemption certificate to get into public office. On 9 July, NYSC Director of Press and Public relations Adeyemi Adenike released a statement that confirmed that Adeosun legitimately submitted a request for an exemption certificate, but also stated that investigations were still ongoing to verify the approval of the exemption certificate.[13][14] On 14 September 2018, Adeosun resigned as Minister of Finance in a written letter to the President due to the alleged NYSC Certificate forgery scandal.[15] [16][17][18]

On 7 July 2021, the Abuja Division of the Federal High Court cleared Adeosun, holding that, as a British citizen, she had not been qualified to take part in the NYSC as at the time she graduated at the age of 22 and that when she returned to the country and became a Nigerian citizen aged over 30 she was not eligible for youth service.[19]

Political association

After officially being non-partisan throughout her career, Kemi Adeosun joined Nigeria's ruling party, the All Progressives Congress (APC), on 5 May 2018.[20]

Other activities

Professional memberships

See also

References

  1. ↑ "Key figures in Nigeria's new cabinet". Vanguard. Retrieved 11 November 2015.'
  2. ↑ "Profile of the new Minister of Finance, Kemi Adeosun". news24.com. Retrieved 11 November 2015.
  3. ↑ Pete Guest. "Nigeria's Cabinet: Kemi Adeosun Tasked With Fixing Africa's Largest Economy". Forbes. Archived from the original on 14 November 2015. Retrieved 11 November 2015.
  4. ↑ Daniel Magnowski (11 November 2015). "Nigeria's Buhari Picks Ex-Banker Adeosun as Finance Minister". Bloomberg business. Retrieved 11 November 2015.
  5. ↑ "Kemi Adeosun gets int'l job despite NYSC certificate scandal". amp-pulse-ng.cdn.ampproject.org. Retrieved 15 July 2018.
  6. ↑ "Kemi Adeosun: Who is she?". The Guardian Nigeria News - Nigeria and World News. 16 August 2018. Retrieved 23 February 2022.
  7. ↑ Felix Onuah (11 November 2015). "Nigeria's Buhari names banker as finance minister, swears in cabinet". Reuters. Retrieved 11 November 2015.
  8. ↑ "Kemi Adeosun: Who is she?". The Guardian Nigeria News - Nigeria and World News. 16 August 2018. Retrieved 10 March 2022.
  9. ↑ "Kemi Adeosun resigns as Finance Minister". Vanguard News. 14 September 2018. Retrieved 25 May 2022.
  10. ↑ "Kemi Adeosun". African Development Bank. Retrieved 30 July 2018.
  11. ↑ "President Buhari assigns his newly-appointed ministers offices". oak.tv. Oak Tv. Oak Tv. Retrieved 31 December 2016.
  12. ↑ "Kemi Adeosun elected Afreximbank board chairperson | TODAY.NG". TODAY.NG. 14 July 2018. Retrieved 17 July 2018.
  13. ↑ Abdulaziz, Abdulaziz (7 July 2018). "EXCLUSIVE: Finance Minister Kemi Adeosun skips NYSC, forges certificate". Premium Times. Retrieved 20 July 2018.
  14. ↑ "Adeosun applied for Exemption Certificate – NYSC". Vanguard. 9 July 2018. Retrieved 20 July 2018.
  15. ↑ "BREAKING: Finance Minister, Kemi Adeosun resigns". Daily Post. 14 September 2018. Retrieved 14 September 2018.
  16. ↑ "Kemi Adeosun resigns". Punch.
  17. ↑ "Former finance minister, Kemi Adeosun returns to public life, launches foundation". 15 June 2021. Retrieved 2 March 2022.
  18. ↑ "Adeosun vindicated as court says NYSC certificate not required for political appointment". Tribune Online. 8 July 2021. Retrieved 2 March 2022.
  19. ↑ Ogunyinka, Victor (7 July 2021). "NYSC Saga: Court clears ex-Finance Minister Kemi Adeosun". Vanguard News. Retrieved 23 November 2022.
  20. ↑ "PHOTO NEWS: Finance Minister Adeosun picks up APC membership card". Premium Times Nigeria. 5 May 2018. Retrieved 5 August 2018.
  21. ↑ AfDB Annual Report 2017 African Development Bank (AfDB).
  22. ↑ Board of Governors World Bank.
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