By Tony Obiechina, Abuja
Imo State Governor, Mr Emeka Ihedioha has approved the appointment of Prof Uche Uwaleke, a renowned professor of capital market, as the Commissioner of Finance.
Uwaleke, the immediate past head of Banking & Finance Department, Nasarawa State University, Keffi, will bring to bear in the State Finance Ministry, several years of solid experience in financial management.
A Statement made available to Prompt News Online in Abuja on Friday described Uwaleke as “case of a round peg in a round hole”.
He is presently the Chief Economist/Director of Research at the Securities and Exchange Commission (SEC).
The statement, further described the new finance commissioner as “a thoroughbred professional, a Chartered Stockbroker (ACS), a Chartered Banker (ACIB) and a Chartered Accountant (FCA), all by examination”.
Part of the statement reads: “He is also an Associate member of the Chartered Institute of Taxation of Nigeria (ACTI), the Institute of Capital Market Registrars (ACMR) and a Full member of the Nigerian Economic Society (MNES).
“A multi-disciplinary Scholar, Uwaleke holds a B.Sc degree in Accounting, an M.Sc in Economics (specializing in Finance) and a PhD in Finance with over 20 years of lecturing engagements in reputable higher institutions in Nigeria.
“Prior to joining Nasarawa State University as a pioneer staff in the faculty of Administration, he had worked as an Investment Banker with Lombard Assets Management Limited as the Head of Research.
“Prof Uche Uwaleke was at one time a chief examiner for the Institute of Chartered Accountants of Nigeria examination (Business & Finance paper) and an external examiner to the University of Jos and Ahmadu Bello University Zaria. He has participated in several NUC (National Universities Commission), ICAN and CIBN accreditation teams for accounting, finance and banking programmes of Universities and Training Institutes.
“He is the Chairman of the editorial Board of the ‘Nigerian Journal of Securities Markets’, a publication of the Securities and Exchange Commission Nigeria as well as a Reviewer for the Central Bank of Nigeria ‘Bullion’ publication. He was also a member of the Nigerian Stock Exchange Branch Advisory Committee and a Non-Executive Director in Peace Capital Market Limited.
“He is the President of the Association of Capital Market academics of Nigeria and the Chairman of the Abuja branch of the Chartered Institute of Bankers of Nigeria.
“He has consulted for a number of local and international organizations including the Central Bank of Nigeria, Securities and Exchange Commission, the German Technical Cooperation (giz) and the Korea Development Institute.
“He has authored/co-authored 10 books in Finance (mostly in the area of capital markets) with over 50 articles in referred academic journals. He maintains regular columns in the Punch and Business Day Newspapers and also features in finance and economy programmes of national Radio and Television stations”.