Profile of Bala M. Bello – Member of Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN).

Dr. Bala M. Bello assumed office as a Deputy Governor at the Central Bank of Nigeria (CBN) on October 5, 2023.

Before his appointment at the CBN, Bala was the Executive Director (Corporate Services) of Nigerian Export - Import Bank, as appointed by the President of the Federal Republic of Nigeria on 20th April, 2017.

Bala M. Bello has successfully completed the High Potential Leadership Program (HPLP) at Harvard Business School, Boston, Massachusetts and Executive Development Program (EDP) at Wharton Business School, Philadelphia, Pennsylvania both in the United States of America. In addition to a certificate in Operations Leadership from the prestigious Richard Ivey School of Business, University of Western Ontario, Canada, as well as Portfolio Management Academy Certificate, New York Institute of Finance, he holds a Bachelor of Science Degree in Accounting and an MBA from The Ahmadu Bello University, Zaria.

A certified strategic management performance system professional by LBL Strategies / George Washington University Center for Excellence in Public Leadership, Bala holds a Stanford Graduate School of Management Certificate in Leading Change and Organizational Renewal (LCOR). He commenced his banking career with Guaranty Trust Bank Plc and later joined the Securities and Exchange Commission (SEC) as a Financial Analyst. He was commended several times by both SEC and CBN Training School for outstanding performance. He was a member of the SEC Committee that reviewed the Investments and Securities Act between 2002 and 2003 from where he joined Sigma Pensions Ltd in 2005 as the pioneer Head of Research & Strategy and later Head, Investment and Treasury Department.

He was appointed the first indigenous Executive Director/Chief Operating Officer of Sigma Pensions in January 2011 and Executive Director (Operations) from January 2013 to December 2014. In this capacity, he had direct administrative oversight and managerial responsibility of over $1.5 billion of pension funds/assets under management (A-U-M), Budget preparations and other financial activities of the Company.

A Fellow Chartered Certified Forensic Accountant/Auditor (FCCrFA), Bala is an honorary senior member of the Chartered Institute of Bankers of Nigeria, a fellow of the Institute of Credit Administration, a member of the Institute of Directors, the Certified Pension Institute of Nigeria, and Nigerian Institute of Management. He has successfully completed the Bank Examiners Course (BEC) organised by the Central Bank of Nigeria. While at Guaranty Trust Bank Training School, he was the overall best participant in Economics. He also won The Okonjo Iweala Award as the Best Treasurer in FHDL Bond Simulation and Fixed Income Training, Lagos in 2006. He was also conferred with Doctor of Business Administration (Honoris Causa) by CommonWealth University in conjunction with London Graduate School and Doctor of Philosophy (Honoris Causa) in Leadership and Management by ESAE University, Republic of Benin.

Bala was recently awarded the Ambassador for Peace by the Universal Peace Federation / International Federation for world Peace (UPF / IFWP), a global award for those individuals whose lives exemplify the ideal of living for the sake of others.

An expert in CandleSticks (Technical Analysis), he has attended several courses on Investment Management, Wealth Creation, Portfolio Construction, Strategic Management Systems, Technical Analysis, and Financial Sector Surveillance both locally and overseas. He holds a certificate from Beafort Institute (Sandton, South Africa), Share Direct (Midrand, South Africa), West African Capital Market Institute (Accra), EITC Leadership Initiatives (Ontario, Canada) and European Management Development Institute (EMADIN - Brussels, Belgium) among others.

With over 21 years meritorious service (the last 10 years at Executive level) in the financial services sector spanning through Banking, Capital Market, Development Finance and Pensions Funds management, Bala co-founded Marine Capital Limited, a private sector driven project finance, real estate development and strategic business advisory firm based in Abuja. He was the pioneer CEO of Marine Capital Limited from where he joined Apricot Investments Limited in March 2016 as the pioneer Managing Director/CEO.

He is a Member of the Finance Committee of the Chartered Institute of Bankers of Nigeria (CIBN) and an Honorary Senior Member of the Institute.

https://www.cbn.gov.ng/AboutCBN/TheBoard.asp?Name=Dr%2E+Bala+M%2E+Bello&Biodata=balaMbello

A native of Taraba State, Dr. Bala Mohammed Bello is an industry leader, whose career has spanned Banking, Capital Markets, and Pension Fund Management:

Bello is a well-respected public official and a renowned accountant. In April 2017, Bello was appointed by former President Muhammadu Buhari as the Executive Director of Corporate Services at the Nigerian Export-Import Bank

Bello has an excellent performance record brimming with excellence. He is well known for surpassing his competition to achieve the greatest level of success in his field.

https://punchng.com/meet-cbns-newly-appointed-deputy-governors/

Smh...

Whatsoever their profile may be, they should get their ass working and make things right...

The country is in shambles.

FTC for the second time in several years ; To everyone out there , Irrespective of your tribe or ethnicity, this storm shall be over and we shall smile ... 🙏🍷

jus export more and import less, shikena

I think a committee of profs of economics from selected universities should be formed.... Make dem come practice wetin dem dey lecture for schs

Chai..


To the MPC, the internet never forgets.


You must deliver the magic so you won't have to enter the list of Nigerians who are ready to rubbish you and your profile!!


I hope the MPC members will not end up consuming billions of Dollars as salaries and logistics, which could have better used to remedy the problem than adding bomb to the already burning furnace??


Chai..

Ok

Hope always dey!

We have had arrays of Nigerians with intimidating profiles that can match any well read individual anywhere in the world..


Our problem is not having highly educated individuals at key positions...the problem is them having the WILL to make that change the Country needs.

I hope these set of MPC members will do wonders, deviate from the usual norm and put the country first!!!

;Da

noted

Mehn this guys CV are just there gone are the PDP days when we had world renowned technocrats heading agencies

We didn't become of the fastest growing economies then by mistakes ooh

See the people APC is appointing


Please for 100k can someone mention just one person APC has appointed since 2015

With a better CV than madam Oby please I challenge everyone

If there is something that isn’t lacking in Nigeria, it’s certificate, degrees and professors. Yet the country is in a mess. I don’t care about his degrees, the main question here is with his experience can he perform and bring fresh ideas. One of our past presidents has a PHD yet the country was a complete mess under his watch. Degrees mean nothing.

We need more economist to mann the nations monetary policies, bankers are not good policy makers all they know is profit . PBAT gov is bound to fail with this avoidable administrative and appointment errors. He should put round pegs in the round holes for once

Na profile we go chop? These are failures already

Give us positive results.

Noted.

We need application of those knowledge. Policy formulation and driving those policies for immediate positive results in the economy.
They should hit the ground running.
There is fire on the mountain

we need positive result

Who profile hepp? Nigeria needs result oriented brains with optimal output in governance, economic values, fiscal and monetary policies. It pains wasting tax payers money on dead brains and colossal of failures without any fiscal value other than mental hypothesis. If it were very possible to hire foreign coaches to train our footballers, how much more to revamp our economy?

Make dem give us results at all means. Enough of excuses.

mrvitalis:
Mehn this guys CV are just there gone are the PDP days when we had world renowned technocrats heading agencies

We didn't become of the fastest growing economies then by mistakes ooh

See the people APC is appointing


Please for 100k can someone mention just one person APC has appointed since 2015

With a better CV than madam Oby please I challenge everyone

Yep..
from Soludo , Bode Augusto, Akunyili, Ndukwe, El Rufai, NOI, Akinwumi A. Adesina etc.. no political party affiliation… Just pure talent and ability to get things done.

Judolisco:
I think a committee of profs of economics from selected universities should be formed.... Make dem come practice wetin dem dey lecture for schs

They would've been the best.
Soludo came from the class room then

Pick a team of monetary economists from the class room. They'll solve this problem asap

mrvitalis:
Mehn this guys CV are just there gone are the PDP days when we had world renowned technocrats heading agencies

We didn't become of the fastest growing economies then by mistakes ooh

See the people APC is appointing


Please for 100k can someone mention just one person APC has appointed since 2015

With a better CV than madam Oby please I challenge everyone

Definitely No!
Indisputable, Pdp has products and efficient brains ever produced. Abeg, I would appreciate if I can get a cut out of that bounty challenge placed on the hot desk. I need money as I need Jesus🤑

Na so

Judolisco:
I think a committee of profs of economics from selected universities should be formed.... Make dem come practice wetin dem dey lecture for schs

/
You must really hate Nigeria to propose handing it over to merchants of handouts.

/

Best of luck

Good luck

InvertedHammer:

/
You must really hate Nigeria to propose handing it over to merchants of handouts.

/

lol.... If a prof in a teaching hospital wants to operate you.... Kindly say no... U hear

mrvitalis:
Mehn this guys CV are just there gone are the PDP days when we had world renowned technocrats heading agencies

We didn't become of the fastest growing economies then by mistakes ooh

See the people APC is appointing


Please for 100k can someone mention just one person APC has appointed since 2015

With a better CV than madam Oby please I challenge everyone

it depends for me only prof Isaac adewole... Fmr minister of health... D rest na wash... Buhari appointed a man who said he knows nothing about d ministry of education as Minister....

Femiairboy:
If there is something that isn’t lacking in Nigeria, it’s certificate, degrees and professors. Yet the country is in a mess. I don’t care about his degrees, the main question here is with his experience can he perform and bring fresh ideas. One of our past presidents has a PHD yet the country was a complete mess under his watch. Degrees mean nothing.

Thank you ooo. Dem go deh shout, bring economist bla bla bla. Nigerian economist weh be say na theory dem sabi. Make you give them CBN governor, dem go fold up wen dem see pressure.