Kingsley Moghalu gets new appointment

Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has been appointed as the new Chairman of Board of Directors of the Africa Private Sector Summit (APSS). 

News Agency reports that APSS is a pan-African, private Sector-led Non-Profit organization that promotes trade and investment in the continent.

Announcing the appointment in a statement, Founder and outgoing Chairman of APSS, Mr. Judson Wendell Addy said, “the Africa Private Sector Summit is delighted to welcome Kingsley Moghalu as its new Board Chair”, adding that “his international leadership experience, credibility, and networks will help advance the goals of APSS, as we proceed with the roll out of the draft Charter on Private Sector Development, Rights and Protection Environment in Africa [Private Sector Bill of Rights], across all of Africa’s five geographic regions plus diaspora.”

The Liberian-born citizen and retired International Business Entrepreneur and Pan Africanist continued, “The objective is to strengthen the private sector in African countries, attract increased business investment to the continent, and make strong contributions to enable the private sector actively drive implementation of the Regional Economic Communities (RECs] and the African Continental Free Trade Agreement (AfCFTA) protocols in collaboration with the Pan Africa Chamber of Commerce and Industry (PACCI), the Africa Busines Council (AfBC) and other stakeholders”.

Moghalu was described as one of Africa’s eminent political economists and development practitioners, served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, and subsequently as Professor of Practice in International Business and Public Policy at Tufts University’s Fletcher School of Law and Diplomacy in Massachusetts, USA. He is the CEO of Sogato Strategies LLC,a macroeconomic, investment and geopolitical risk consultancy, and the President of the Institute for Governance and Economic TransformationIGET), a public policy think tank.

Moghalu was said to have previously worked in United Nations System for 17 years, rising to the rank of Director.