Charles Chinedu Okeahalam Explained
Ekwueme Charles Chinedu Okeahalam - economist and businessman, is a co-founder of the investment group, AGH Capital which was established in 2002 and has been involved in a number of transactions in Sub-Saharan Africa.[1] [2] [3] [4]
As a policy maker in a number of African countries, he has led various initiatives such as revision of prudential regulatory frameworks, deposit insurance schemes, capital market development and financing of transnational infrastructure networks.[5] [6] [7] [8] [9] [10]
Background and career
He began his career as an investment analyst in 1986. From 1988 to 1990 he was a research fellow in economics at the University of Kent in Canterbury where he worked on the development of econometric models to forecast the demand for the Channel Tunnel and other infrastructure. He has also served as an advisor to a number of central banks, government ministries, the World Bank and the United Nations Economic Commission for Africa.[5] [11] From 1997 to 1998 he served as Financial Institutions Advisor to the Bank of Namibia, concurrently serving as a professor of banking and finance at the University of Namibia. In 1998 he directed an evaluation of the bank and non-bank prudential regulatory framework of Namibia, which led to the establishment of the Namibia Financial Institutions Supervisory Authority[6] in 2001. In South Africa, he has served as key economic advisor to the ANC-led government on a number of initiatives. From 1999 to 2002 he served as lead advisor to the Reserve Bank of South Africa for the design and development of the South Africa deposit insurance scheme. In 2000 he served as the advisor to the Competition Commission on the attempted takeover of Standard Bank by Nedbank. He is an early proponent of the view that the most important economic variable for growth and governance in Africa is the supply of basic infrastructure.
Academic contributions
Over the last two decades, he has made several contributions to the study of banking and finance, many of which were the first of their kind in Africa, in three areas:
- Application of econometric methods to industrial organisation in financial institutions and financial systems.[12] [13] [14]
- Tests of market efficiency, integration and the role of institutions and governance.[15] [16] [17]
- Financial sector regulation and policy.[18] [19] [20]
Awards and affiliations
In recognition of this work, he has received a number of awards such as a Bank of England Houblon-Norman Senior Fellowship and a D.Sc (Higher Doctorate) in Financial Economics from the University of Exeter.
Prior to AGH, he was a professor of banking and finance at the University of the Witwatersrand in Johannesburg, South Africa.[21] He served as an honorary professor at the same institution as well as a visiting professor at the University of Surrey.[22] [23] He is currently a visiting professor in practice at the School of Public Policy, London School of Economics and Political Science (LSE).[24]
Commercial interests and public service
He has served as chairman / director of several commercial and public sector institutions, as member of the Governing Council of the United Nations Institute for Development Economics and Policy in Senegal, a member of council of the University of Cape Town and trustee of the African Union Foundation.[7] [8] [9] [10] [25] [26] [27] In February 2016, he was appointed chairman of the Nigeria Mortgage Refinance Company (NMRC) Plc.[28] He is the chairman of the International Board of Amref Health Africa. [29]
Notes and References
- Web site: Co-founder of AGH Capital Group . 2012-09-15 . https://web.archive.org/web/20120814161730/http://www.groupagh.com/directors.php# . 2012-08-14 . dead .
- Web site: Brait S.A. - Acquisition By Black Economic Empowerment Shareholders of 26% of Brait South Africa Limited with Withdrawal of Cautionary Announcement . 2019-05-24.
- http://allafrica.com/stories/201107130943.html Transaction advisor for the sale of Multilinks Nigeria by Telkom SA to Helios Investment Partners, 2011
- Web site: Telkom reaches agreement over Multi-Links - IT News Africa- Africa's Technology News Leader. itnewsafrica.com.
- Web site: South Africa National Council of Provinces Meeting, 2003 . 2012-09-15 . https://web.archive.org/web/20110927151956/http://www.parliament.gov.za/live/commonrepository/Processed/20091112/90600_1.doc# . 2011-09-27 . dead .
- Web site: Namibia Financial Institutions Supervisory Authority - Welcome. namfisa.com.na.
- http://www.flysaa.com/us/en/Documents/Financials/SAA_AR_2005_part_one.pdf South African Airways Board Membership (PDF)
- Web site: State appoints new SAA board. laurian clemence. Engineering News.
- Web site: New SAA board announced. Fin24. 2003-09-10.
- http://www.jse.co.za/Libraries/Interest_Rate_Market_BESA_Aqusition_Documents/BESA_JSE_circular_to_shareholders.sflb.ashx Bond Exchange of South Africa Board Membership
- http://www.gipf.com.na/documents/755_unlisted_securities_market.pdf
- Bank Branch Location: a Count Analysis. 10.1080/17421770903114695. 4. 3. 275–300. Spatial Economic Analysis. 2009. Okeahalam. Charles.
- Does Bancassurance Reduce the Price of Financial Service Products? . 10.1007/s10693-008-0031-x . 33. 3 . Journal of Financial Services Research. 147–162. June 2008 . Okeahalam . C. Charles .
- Internationalisation and firm performance: Evidence from estimates of efficiency in banking in Namibia and Tanzania. 10.1002/jid.1455. 20. 7. 942–964. Journal of International Development. 2008. Okeahalam. Charles C..
- http://www.relooney.info/SI_Governance/Governance-Economic-Growth_58.pdf "Institutions and financial market development in the MENA region", Charles Okeahalam, Progress in Development Studies, 2005 Vol.5, No.4, pp. 310 – 328 (PDF)
- http://www.mendeley.com/research/strategic-alliances-mergers-financial-exchanges-case-sadc/ "Strategic Alliances and Mergers of Financial Exchanges: The Case of the SADC", Charles Okeahalam, Journal of Southern African Studies, 2005, Volume: 31, Issue: 1, pp. 75–93 9
- The impact of economic fundamentals on stock markets in southern Africa. 17. 1. 23–51. 2 February 2000. Repec.org. Jefferis. Keith. Okeahalam. Charles.
- AfricaBib - Structuring efficient supervision of the financial services sector in a southern African country: the case of Namibia. 54. 83–105. Africabib.org. 2000. Okeahalam. Charles C..
- http://archive.lib.msu.edu/DMC/African%20Journals/pdfs/political%20science/volume3n2/ajps003002004.pdf "The Political Economy of Bank Failure and Supervision in the Republic of South Africa", Charles Okeahalam, 1998, Vol. 3 No. 2, 29–48 (PDF)
- Deposit insurance design and bank regulation in South Africa. 9. 2. 136–150. Journal of Financial Regulation and Compliance. 10.1108/eb025069. 2001. Okeahalam. Charles C.. Maxwell. Tudor.
- Web site: Houblon-Norman and George Fellows. bankofengland.co.uk. 2012-09-15. https://web.archive.org/web/20120803131806/http://www.bankofengland.co.uk/research/Pages/houblonnorman/fellows.aspx#top. 2012-08-03. dead.
- Web site: Visiting professor University of the Witwatersrand . 2020-09-08.
- Web site: University of Surrey . 2020-09-08.
- Web site: Visiting professor in practice, LSE. 2022-11-08.
- Web site: ABSA Board Membership . 2012-09-15 . https://web.archive.org/web/20101203014120/http://www.slideshare.net/Micheal77/workshop-4688848# . 2010-12-03 . dead .
- Web site: Our Board. seplatpetroleum.com.
- Web site: Trustee African Union foundation. 2012-09-15.
- Web site: NMRC Board Chairman. 2016-05-25. https://web.archive.org/web/20160506183922/http://nasdng.com/news/NMRC%20Strengthens%20Corporate%20governance,appoints%20Okeahalam%20Board%20Chairman. 2016-05-06. dead.
- Web site: Amref Board Chairman. 2020-09-08.