Story
Arunma Oteh OON (born 12 February 1965) is a phenomenal businesswoman and economist who has made an indelible mark in her field. She has reached the pinnacle of success, starting with her appointment as the CEO of Securities and Exchange Commission (SEC) in Nigeria in January 2010. In this capacity, she holds power in the regulation of Nigeria’s capital markets, including the prestigious Nigerian Stock Exchange.
Her outstanding leadership at the SEC earned her much acclaim, and she soon became a respected figure in the global financial arena. It was no surprise that in July 2015, Arunma Oteh was appointed Vice Chairman and Treasurer of the SEC. World Banka position she held until 2018. She played a key role in developing and implementing innovative financial solutions to address some of the world’s most pressing economic challenges during her tenure.
Recently, in July 2021, she was appointed as the President Royal African Societysucceeding the brilliant Zeinab Badawi. Her new role is a testament to her exceptional leadership qualities and unwavering commitment to excellence in the financial sector. With her vast experience and expertise, Arunma Oteh is an inspiration to all aspiring female entrepreneurs and economists in Nigeria and beyond.
Nigerian economist
Arunma Oteh |
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 Arunma Oteh: History ‧ Bio ‧ Photos |
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| Wiki Events & About Data | |
| First and last name: | Arunma Oteh |
| Born: | February 12, 1965 (age 59) |
| Place of birth: | Amaeke, Abia, Nigeria |
| State of origin: | Abia State |
| Nationality: | Nigeria, UK |
| Height: | 1.56 meters |
| Parents: | Jane Egbichi Oteh, Oteh Oteh |
| Siblings: | Do not have |
| Couple: | Not married |
| Boyfriend • Partner: | Do not have |
| Children: | Do not have |
| Job: | Economist • Businesswoman |
| Net asset value: | 80 million dollars |
Early life and education
Arunma Oteh, a British citizen of Nigerian descent, was born on 12 February 1965 in Amaeke, Abia State. Her mother, Jane Egbichi Oteh, and father, Oteh Oteh, an avid family photographer, contributed to her rich cultural heritage. Tragically, her mother passed away on 9 July 1995, and her father passed away on 22 November 2002, leaving behind cherished memories in the family album.
Oteh’s educational journey has taken her to University of Nigeria Nsukkawhere she excelled and graduated with first class honours in Computer Science. She then made the leap Harvard Business Schoolearned her MBA. Not one to rest on her laurels, she co-edited the book Voice of Africa Vision of Africawhich highlights the voices and stories of African leaders.
In January 2010, Arunma Oteh was appointed Director General of the Securities and Exchange Commission (SEC) in Nigeria, overseeing the regulation of Nigeria’s capital markets, including the Nigerian Stock Exchange. Her visionary leadership and focus on integrity have brought her considerable success in her field. She later served as Vice President and Treasurer of the World Bank from July 2015 to 2018, cementing her position as a global thought leader.
Recently, Arunma Oteh was appointed as the President of the Royal African Society in July 2021, replacing Zeinab Badawi. With her diverse cultural background, academic achievements and professional achievements, she is an inspiration to many bright paths in the Nigerian and global financial sector.
Personal life
Arunma Oteh, a woman who has broken barriers in the business world, is quite cautious when it comes to matters of the heart. In a culture where marriage is often seen as a sign of success for women, Oteh refuses to succumb to social pressure and take her time making any emotional commitments.
A source close to Oteh said she is wary of men who might take advantage of her hard-earned wealth and success. As a public figure and one of the world’s most influential business leaders, she is fully aware of the consequences of being so open about her personal life. While she has never been romantically linked to anyone from Nigeria, it has been revealed that she is currently in a relationship, although she has kept it under wraps.
With an impressive track record and strong determination, it is no surprise that Arunma Oteh is approaching matters of the heart with the same level of thoughtfulness and consideration that has taken her to the top of her field.
Career
Arunma Oteh’s career journey with African Development Bank (AfDB) was established in 1992, where she served as Senior Investment Officer/Senior Capital Markets Officer from 1993 to 1997, Head of Investments and Trading from 1997 to 2001 and Group Treasurer from 2001 to 2006. Her last position at AfDB was Vice President of Corporate Management, which included oversight of Language Services, General Services, Procurement, Human Resources and Information Management and Methods, in addition to managing investments in international capital markets.
In March 2006, Arunma Oteh landed an influential position as Vice President for Corporate Governance at the AfDB, reflecting her expertise and talent. However, she did not rest on her laurels and further enhanced her career by taking up the role of Director General of the Securities and Exchange Commission (SEC) in Nigeria in July 2009. Later that year, she was confirmed by the Senate, winning praise for her impressive portfolio.
In June 2010, Arunma Oteh’s candid interview with the BBC sent shockwaves through the financial world. She revealed rampant market abuses in the Nigerian capital markets and how “wash selling, market manipulation, pump and dump stocks” was disturbing the market. Despite facing strong resistance from influential players, Oteh showed great resilience and courage in carrying out his duties, supported by Chairman Goodluck Ebele Jonathan. Consequently, in August 2010, the SEC took bold action, ousting the management of the Nigerian Stock Exchange to curb fraudulent practices in the market.
Arunma Oteh’s outstanding work with the AfDB and SEC has been instrumental in transforming Nigeria’s financial landscape, making the country more equitable and transparent. Her ability to navigate complex financial structures and lead by example has earned her the respect and admiration of her peers around the world.
Net asset value
She has established herself as one of the richest women in Nigeria and Africa. Arunma Oteh has an estimated net worth of $80 million, which she has accumulated throughout her career in the financial industry.
Social Media
- Instagram Name: None
- Twitter Username: @Aoteh
