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Omordi new Competitive Council chief

17 September 2013, 17:33Okoro Chinedu

Lagos – Government and business leaders welcomed the appointment of former banker, Chika Mordi, as the first Chief Executive of the National Competitiveness Council of Nigeria (NCCN).

Mordi’s appointment was announced on Tuesday.

President Goodluck Jonathan said Nigeria’s business competitiveness and ability to attract local and international investment would be significantly enhanced with the appointment.

Jonathan recently launched the NCCN. “This important step, by the National Competitiveness Council, underscores Nigeria's commitment to rapidly transform the business environment and enhance productivity in Nigeria,”
he stated.

Jonathan inaugurated the council earlier with Trade and Investment Minister, Olusegun Aganga as Chairman and Tony Elumelu, Chairman of Heirs Holdings, representing the private sector as Vice Chairman.

Other members drawn from the Nigerian and international communities include Michael Porter, Aliko Dangote, Lynda Chalker, and Dr Juan Pardinas, Director, Mexican Institute for Competitiveness.

Elumelu welcomed the appointment of the Chief Executive.

“Competitiveness is a prerequisite for a country’s development. The NCCN is working to create an enabling environment for the private sector to flourish. This is the only sustainable solution for Nigeria’s and Africa’s development. Mordi brings a skill set and track record that makes me feel highly confident that our objectives will be realized,” added Elumelu.

Mordi, a professional banker, spent over two decades in the finance industry and was instrumental in the dramatic transformation of Nigeria’s financial services industry, including repositioning of the United Bank for Africa Plc into one of Africa’s leading financial institutions.

He has also helped incubate several businesses in Nigeria and Ghana, and in his investment banking career managed landmark transactions in sub-Saharan Africa in equities, fixed income, corporate finance, debt conversion and privatisation.

– CAJ News


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