Arunma Oteh completed a five year tenure as the Director General of the Nigerian Securities and Exchange Commission (SEC) in January 2015, and has spent her time over the last few months investing in social impact ventures, and serves on the Africa Advisory Council of World Women’s Banking and on the board of ONE. Under her leadership, the SEC received the Africa Investor’s Most Innovative Capital Markets Regulator award in 2011, 2013 and 2014.
Oteh received a first class honors degree in Computer Science from the University of Nigeria and a Masters Degree in Business Administration from Harvard University.
Before joining the SEC, she was a Group Vice President and Group Treasurer at the African Development Bank Group (AfDB). She also held other positions over the course of her career at the bank, which she joined in 1992.
Oteh was recently appointed as the Vice President and Treasurer of the World Bank Group, where she will be responsible for, among other things, managing an extensive client advisory, transaction and asset management business for the Bank; engaging, in her capacity as one of the World Bank’s key representatives, with outside stakeholders including global private sector financial institutions, the financial media and the sovereign debt and reserve managers in client countries, as well as ratings agencies; collaborating extensively with the Finance Partners throughout the WBG, including with IFC and MIGA, expanding shared approaches, in particular around innovative financing for development and for key new projects; and maintaining the World Bank’s global reputation as a prudent and innovative borrower, investor and risk manager.
She is recognized globally for her contribution to society and economic development. In recognition of her contribution the economic development and transformation of the Nigerian capital markets, she was awarded the Officer of the Order of the Niger (OON). Oteh also received the Distinction in Public Service Commonwealth Business Council/African Business award, which celebrates excellence in African Business. She received the Eminent African Business Leader award from the China Foundation for Global Partnership is 2013, and was named the 2014 African Investor Capital Market Personality of the Year as well as the 2014 All African Business Leaders (AABLA) West African Business Woman of the Year.