Profile Of New Edo Governor, Mr Godwin Nogheghase Obaseki

0 13
Subscribe to our newsletter

Mr. Godwin Nogheghase Obaseki was born in Edo State to the family of Obaseki and Gbinigie of Owina Street, Ogbelaka Quarters. He is the third child of Late Pa Roland Obaseki and Madam Stella Gbinigie MON.

His early education was in St. Matthews Anglican Primary School Benin City. He attended Eghosa Anglican Grammar School, Benin City and proceeded to the University of Ibadan where he bagged a Bachelor of Arts degree in Classics. ……..

Thereafter he proceeded to the prestigious Ivy League Columbia University and Pace University in New York and bagged an MBA in Finance and International Business respectively.

Mr. Obaseki is a Fellow of the Chartered Institute of Stock Brokers, Nigeria and an Alumnus of the Lagos Business School Chief Executive Program. He was nominated as a Global Leader for Tomorrow (GLT) by the World Economic Forum in 2001.

Subscribe to our newsletter

Over the last 30 years, Mr. Obaseki excelled in his career gaining expertise in Investment Banking, Asset Management and Securities Trading both locally and internationally. Amongst the companies he worked for are Capital Trust Brokers Limited Lagos, International Merchant Bank (an affiliate of First Chicago Bank), AVC Funds Limited, Lagos and in New York as a principal of Equitorial Finance Company, a Financial Advisory firm with focus on Africa.

Mr. Obaseki led the core team that set up two of the new generation banks which eventually reshaped the face of the banking industry in Nigeria. He then proceeded to establish Afrinvest West Africa Limited (then SecTrust) in 1995. His expertise led to the numerous achievements of Afrinvest being appointed correspondent stockbroker for Nigeria by the International Finance Corporation (IFC) in 1995.

Mr. Obaseki, a solutions provider imbued with ideas, established the first derivative product, the Nigerian International Debt Fund (NIDF) on the Nigerian Stock Exchange, which allowed Nigerians to invest local savings in US Dollar instrument (1996). He advised on the first global offering by a Nigerian bank through the issuance of Global Depositary Shares (GDS) to raise UD$50 million from the international Capital market.

Afrinvest under his leadership advised on some of the largest and most significant transactions in the Nigerian capital market since 2005 ranking as a major Investment Research firm. As a mark of the heights of respect he commands in the corporate space, Mr. Obaseki sits on the board of several blue chip companies in Nigeria.

Passionate about development, Mr Obaseki served as the Chairman of the Edo State Government’s Economic and Strategy Team (EST), on a pro bono basis, a position he held since March 17, 2009 until he declared his intention to run for the highest office in the state.

Part of his enviable achievements as Chairman of the Economic and Strategy team include:

– The formulation of the Edo State Economic Development framework 2010 – 2020 which introduced the culture of strategy dialogues and retreats in planning.

– Securing the N25 Billion Infrastructure Development Bond from the Nigerian Capital Market in 2010

– Obtaining the $225 Million Concessionary Rates Development Loan from the World Bank which has been a major funding for the current infrastructure development initiatives for the State.

– Successfully hosting Sector based Economic Summits and Policy Dialogue Series including the Power Round Table in 2010, Education Round Table IN 2011 and 2012 Agribusiness Round Table.

This sociable and likeable professional prefers a very low profile disposition to life and abhors ostentation. Mr. Obaseki is a sports and fitness enthusiast who is passionate about golf, loves to travel and enjoys good food.

Obaseki, a simple man, not desperate for many things is happily married to Betsy Obaseki nee Amachree.



Leave a Reply

%d bloggers like this: