Aigboje Aig-Imoukhuede
Appearance
Aigboje Aig-Imoukhuede FCIB, CFR (born 24 September 1966) is a Nigerian businessman, banker, investor and philanthropist. He was the former group managing director (GMD) and chief executive officer (CEO) of Access Bank Plc. He is the founder and chairman of Coronation Group Limited and its affiliates, Coronation Asset Management Ltd and Trium Ltd. He founded Africa Initiative for Governance (AIG) in 2014.
Quotes
[edit]- People say that things I identify with closely tend to succeed, I’ve heard people say that and I am grateful to them for saying that and I am more importantly grateful to God for giving me whatever endowment that have made that possible.
- I don’t embark on something that I don’t believe in. When I start something I am totally committed until I finish it. That’s number one. Number two is that everything I am involved in there are certain principles that are fundamental and cannot change.
- First of all I have told you that success that does not endure is not success.
- My professional background is in the private sector, I’ve been in the private sector all my life.
- I have no doubt that if we have the same quality of people and the same capabilities that reside in the people in the private sector in the public sector, Nigeria, and indeed Africa will have a totally different story.
- For me it is not about if AIG is going to work in a certain government institution or run for electoral office. I can choose to do that, but I have seen people like me or who are even more gifted go into government make their mark, but Nigeria remains the same.
- through the intervention… we will bring as many as 200 individuals into the public service, men and women, people of strongest intellect who have had great exposure intellectually in a formal academic setting as scholars.
- So with this initiative, I am not looking at creating academicians, we are looking at creating public servants who are intellectually sound and understand what development means.
- I have no doubt that if we have the same quality of people and the same capabilities that reside in the people in the private sector in the public sector, Nigeria, and indeed Africa will have a totally different story.
- One thousand people will make a great impact, but we want to scale this initiative up even further. I spoke about Lee Kuan Yew,
- Deciding which university to partner for the initiative was not an easy one as there are several world class universities and business schools especially in the UK and US. Of course it is not just a good university; it must have some special features that set it apart
- I can readily think of domestic institutions we can partner with, but you know when it comes to intellect, and scholarship, I know as well as you know that there is no shame in admitting that Oxford University has over the past several hundreds of years been producing first class outputs.
- We need to pick and agree that these are priority sectors in the economy. We need to give incentives and palliatives to the sectors. We don’t need to have a ‘fine’ that is defining a priority economic sector as witnessed recently in the ICT sector. Nigeria recorded negative GDP growth in Q1, 2016. We have a big challenge around growth.
- As the economy shrinks, employment shrinks. Nigeria has to create six million jobs on a yearly basis but we are losing jobs, while unemployment rate is getting higher from 10 to 12 per cent. Nigeria faces a huge growth challenge and if not dealt with on a macro level, there would be a long recession.
- We have a lot of market uncertainties since 2011. Policy context in Nigeria has been designed to create market uncertainties and if you are a business man operating in Nigeria, you see a lot of uncertainties; the PIB, volatility and volatility plus uncertainty results to amplified and huge growth challenge
