Four Amazing Economists You Should Know

YNE economists

Ngozi Okonjo-Iweala, PhD

With over 30 years of economic development expertise, Dr. Okonjo-Iweala is perhaps the most recognized Nigerian economist in the world. She graduated with an A.B. magna cum laude in Economics from Harvard University and holds a PhD in Regional Economics and Development from the Massachusetts Institute of Technology. Okonjo-Iweala joined the World Bank at age 27 and served in various important capacities including Vice President and Corporate Secretary, and Managing Director of the World Bank. She is a two-time Minister of Finance of Nigeria and the country’s first female Minister of Finance where she was instrumental in tackling the country’s debt problem and implementing significant economic reforms.

Dr. Okonjo-Iweala is a Member or Chair of numerous boards and advisory groups in the public, private and non-governmental sectors including the Global Alliance for Vaccines and Immunizations (GAVI), Lazard Ltd., the African Risk Capacity, Rockefeller Foundation, and Asian Infrastructure Investment Bank. She is also an Adviser to the World Bank on the Stolen Assets Recovery initiative.

In 2014, Time magazine named Dr. Okonjo-Iweala as one of the 100 most influential people in the world; she was named by Fortune magazine as one of the 50 greatest world leaders in 2015; and by Forbes for five consecutive years as one of the 100 most powerful women in the world. She is the founder of NOI Polls and the Center for the Study of the Economies of Africa. She has received numerous awards including honorary doctorates from some of the world’s most prestigious universities such as Yale University, University of Pennsylvania and Amherst College.

Chukwuma Soludo, PhD

Described as a ‘A Great Reformer’ by the Financial Times of London, Professor Soludo is a seasoned economist with a proven track record of public service. He served as the governor of the Central Bank of Nigeria from 2004 to 2009, Chief Economic Adviser to the President of Nigeria in 2003, and Chief Executive of the National Planning Commission from 2003 to 2004. He also championed the African Finance Corporation and became its Founding Chair in 2007.

Professor Soludo graduated with a first class in Economics from the University of Nigeria, Nsukka; and won the prize for the best graduating student for his post-graduate and doctorate degrees in Economics from the University of Nigeria, Nsukka.

He has served as a consultant to many multilateral organizations including the World Bank, United Nations, International Monetary Fund, European Union, and the African Development Bank. He is currently a Member of the International Advisory Group for the UK-DFID; a member of the Chief Economist Advisory Council of the World Bank and the International Advisory Group of the UK Department for International Development (DFID).

Sarah Alade, PhD

In 2014, Sarah Alade became the first female governor (although in acting capacity) to lead the Central Bank of Nigeria (CBN). She joined the CBN in 1993 as an Assistant Director in the Research Department, grew through the ranks and retired as the Deputy Governor of the Economic Policy Directorate of the CBN. Prior to her exit from CBN, Alade served as the Chairman of the board of the Africa Finance Corporation. Early on in her career, she lectured at the University of Ilorin in the Department of Accounting and Finance and worked with the Ministry of Finance and Economic Development, Ilorin, Kwara State.

Dr. Alade has a Bachelors degree in Economics from the University of Ife, Ile-Ife (now Obafemi Awolowo University), an M. Comm. degree from the University of Melbourne and a PhD in Management Science from the University of Ilorin.

Adedoyin Salami, PhD

With a sound background in Economics and a professional career that spans over two decades, Dr. Salami is a one of Nigeria’s renowned economists. He holds a Bachelors, Masters, and PhD degrees in Economics from the prestigious Queen Mary University of London. He is one of the Principal Partners at Kainosedge Consulting Limited and an Associate Professor at the Lagos Business School (LBS), Pan African University. At LBS, he leads sessions that cut across business and economics and he served as director of programmes for five years until January 2005. In addition to lecturing, he works as a consultant for companies and multilateral organizations such as the Department for International Development (DFID), World Bank, United Nations Industrial Development Organization (UNIDO).

Dr. Salami serves on the Monetary Policy Committee, the highest policy making committee of the Central Bank of Nigeria and was a member of the Economic Management Team of the Federal Government of Nigeria. He is also a member of the International Monetary Fund Advisory Group on Sub-Saharan Africa.

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