President Muhammadu Buhari on Tuesday appointed Olorogun Bernard Okumagba as the new Managing Director of the Niger Delta Development Commission (NDDC). Below is the profile of the new NDDC MD:
Bernard Oboatarhieyeren Okumagba hails from the influential Okumagba family of Okere-Urhobo Kingdom in Warri South Local Government Area of the Delta South Senatorial District of Delta State.
He attended Government College Ughelli from 1977 to 1983 and the University of Nigeria, Nsukka from 1983 to 1987 where he graduated with a B.sc degree in Accountancy (2nd Class Honours Upper Division).
Bernard also qualified as a Chartered Accountant in 1991 and he is presently a Fellow of the Institute of Chartered Accountants of Nigeria (FCA).
The financial expert started his working career at the International financial services firm Arthur Andersen & Co (now KPMG) in 1988. He later worked in several banks from 1991 to 2007.
His banking career commenced at Oceanic Bank Plc in the Financial Control/Strategy as well as the Corporate Banking Divisions from 1991 to 1994. Thereafter, he worked in Crystal Bank, Fidelity Bank Plc, First Atlantic Bank Plc and United Bank for Africa Plc from 1994 to 2007.
He held several positions at these banks including Senior Manager, Corporate Banking Division, Head of Internal Control/Audit Division, Bank Chief Inspector and Principal Manager, Consumer and Commercial Banking Division amongst others.
He left United Bank for Africa Plc in August 2007 following his appointment as Delta State Commissioner for Economic Planning and Budget. He served as Delta State Commissioner for Economic Planning and Budget from August 2007 to November 2010 and was subsequently appointed Commissioner for Finance and served in that capacity from November 2010 to May 2011.
Owing to his diligent performance, Bernard was reappointed Delta State Commissioner for Finance in July 2011 and held this position until July 2013.
Until his appointment, Olorogun Bernard Oboatarhieyeren Okumagba holds the position of Chairman of Regents Consults Ltd. and Chairman at Noly Insurance Brokers Ltd.
Bernard Oboatarhieyeren Okumagba is a Leader of the All Progressives Congress (APC) from Warri South Local Government Area of Delta State.
He was appointed by President Muhammadu Buhari as the Managing Director of the Niger Delta Development Commission (NDDC) on Tuesday. His appointment is subject to the confirmation of the Senate.