Yewande Sadiku (born 27 July 1972) is a Nigerian investment banker and former public servant. She was the executive secretary and CEO of the

Nigerian Investment Promotion Commission The Nigerian Investment Promotion Commission (NIPC) is a specialized agency of the Federal Government of Nigeria, established through the Nigerian Investment Promotion Act Chapter N117 of 2004. It is aimed at encouraging, promoting, and coordinat ...

from 8 November 2016 to 24 September 2021.

Education

In 1992, Sadiku graduated from University of Benin with a Bachelor of Science degree in Industrial Chemistry. She went on to get a Master of Business Administration degree from the

University of Warwick The University of Warwick ( ; abbreviated as ''Warw.'' in post-nominal letters) is a public research university on the outskirts of Coventry between the West Midlands (county), West Midlands and Warwickshire, England. The university was founded i ...

in 1995.

Career

She worked at Nigeria International Bank Limited (now Citibank Nigeria) from 1992 to 1994. In 1996, she joined Investment Banking & Trust Company Limited (later to be known as Stanbic IBTC Bank), rising to become chief executive officer of Stanbic IBTC Capital in November 2012. In 2014, Yewande raised funding for the adaptation of the

Chimamanda Ngozi Adichie Chimamanda Ngozi Adichie ( ; born 15 September 1977) is a Nigerian writer whose works include novels, short stories and nonfiction. She was described in ''The Times Literary Supplement'' as "the most prominent" of a "procession of criticall ...

novel,

Half of a Yellow Sun ''Half of a Yellow Sun'' is a novel by Nigerian author Chimamanda Ngozi Adichie. Published in 2006 by 4th Estate in London, the novel tells the story of the Biafran War through the perspective of the characters Olanna, Ugwu, and Richard. It rec ...

, into a full feature film where she (Yewande) served as Executive Producer. She became executive director, corporate and investment of Stanbic IBTC Bank in July 2015. She was appointed as executive secretary and chief executive officer of the Nigerian Investment Promotion Commission (NIPC), in September 2016 by

president President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...

Muhammadu Buhari Muhammadu Buhari (born 17 December 1942) is a Nigerian politician and current president of Nigeria since 2015. Buhari is a retired Nigerian Army major general who served as the country's military head of state from 31 December 1983 to 27 Au ...

. Under Sadiku, the NIPC improved in ranking from 90th (2016) to 1st (2021) in the Freedom of Information (FOI) Rankings for compliance and transparency. NIPC's internally generated revenue also went from N296 million in 2016 to N3.06 billion in 2020 of which over 50% of this revenue was remitted to the

consolidated revenue fund In many states with political systems derived from the Westminster system, a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund (as opposed ...

. In June 2022, Yewande Sadiku was appointed head of international investment banking at Standard Bank.

Allegations

In August 2021, The

Economic and Financial Crimes Commission The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud) and money laundering. The EFCC was established in 2003, partially in response to pre ...

investigated Sadikufor alleged abuse of office, contract fraud and allowances unaccounted for. No charges were pressed against her and the act was criticized by groups as harassment from the EFCC. In December 2021, the

Independent Corrupt Practices Commission The Independent Corrupt Practices Commission (ICPC), (in full the Independent Corrupt Practices and Other Related Offences Commission) is a Nigerian agency that was inaugurated on 29 September 2000 following the recommendation of President Oluseg ...

confirmed that they had closed the case investigating her, as none of the allegations made against her was established. She is widely respected for her commitment to transparency, accountability and good corporate governance.

References

{{DEFAULTSORT:Sadiku, Yewande 1972 births Living people Nigerian bankers Nigerian civil servants Women bankers Nigerian women civil servants