PENOP names Oguche Agudah CEO
The Pension Fund Operators Association of Nigeria (PENOP) has appointed Oguche Agudah as its Chief Executive Officer. Oguche becomes the first CEO of the Association. Prior to his appointment, he was Nigeria’s Regional Director for OurCrowd, crowd funding and venture capital firm with headquarters in Israel. He was previously the Chief Investment Officer & Executive […]
The Pension Fund Operators Association of Nigeria (PENOP) has appointed Oguche Agudah as its Chief Executive Officer. Oguche becomes the first CEO of the Association.
Prior to his appointment, he was Nigeria’s Regional Director for OurCrowd, crowd funding and venture capital firm with headquarters in Israel.
He was previously the Chief Investment Officer & Executive Director of a growing integrated real estate and alternative asset management company.
Prior to this, he worked as a Special Adviser to Nigeria’s Minister of Industry, Trade and Investment. His portfolio was “Access to Finance”.
In this role, he advised on and implemented policies, strategies and programmes that could help to increase access to finance for Nigeria’s entrepreneurs.
This involved constant liaising with regulators, development institutions, foreign investors and commercial entities, including banks, PE and VC funds and the stock market in order to remove road blocks in getting access to needed finance to start and grow local businesses.
Along with a team of others, he was also involved in the formulation of the Nigeria industrial Revolution Plan (NIRP).
Before this, he worked with Standard Chartered Bank as an Associate Director in their Lagos office, where he was in charge of the credit quality of a portfolio of assets worth $7 billion dollars. This included various loan products and derivatives to banks, the government and sovereign owned enterprises (SOEs) in Nigeria.
At Standard Chartered, he had short term assignments in South Africa and London, working in the Risk management, Credit and Corporate Finance functions. In the fourteen years, he spent with Standard Chartered, he held various roles spanning operations, finance, Risk management & Credit, origination & client coverage and strategy.
He holds a degree in Banking and Finance from the University of Lagos and is a fellow of the Chartered Institute of Bankers Nigeria and an associate of the Chartered Institute of Stockbrokers Nigeria.
Speaking on his appointment, the President of the association and CEO of Leadway Pensure, Ronke Adedeji, said, Oguche brings a unique experience of working in the public and private sectors with varied and extensive experience in the financial services industry. He will help drive the agenda and strategy of the industry as we move towards ensuring that all our stakeholders feel the impact of the pensions industry in a greater way.