Saturday, December 8, 2012

Who is Hakeem Belo-Osagie?

Net Worth. $450 Million Source of Wealth. telecom Age. 56 Marital Status. Married Country. Nigeria ‘Keem holds an M.B.A. from the Harvard Business School, a law degree from Cambridge University and an M.A. in Politics, Philosophy and Economics from Oxford University. He is a member of the Nigerian Bar. He started his career as a petroleum economist and a lawyer. For over three decades, he has been a key player in the Nigerian economy through his participation in several businesses in the private sector particularly in the energy, finance and telecommunications sectors. ‘Keem started his career in the service of the Federal Government of Nigeria working in various capacities in the energy sector ranging from Special Assistant to the Presidential Adviser on petroleum and energy, to Secretary of the Oil Policy Review and LNG Committees. He also served as Special Assistant to the Minister of Petroleum and Energy. He subsequently worked in the Petrochemicals Division of the Nigerian National Petroleum Corporation. He resigned his appointment in 1986 to set up CTIC, which became a leading energy consulting firm. He until recently served as the Chairman of the board of directors of the United Bank for Africa Plc one of the largest commercial banks in Nigeria. He is also the founder and former Chairman of First Securities Discount House, Nigeria’s leading money markets and treasury bill trading financial services firm, in which the IFC is an equity investor. He is currently the Chairman of the board of directors of Emerging Markets Telecommunications Services Ltd (‘EMTS’), a mobile telephone operator which operates in Nigeria under the ‘Etisalat’ brand. He is an equity investor in that company, through one of his investment vehicles, together with Mubadala Development Company and Etisalat. He has been appointed by the Minister of the Federal Capital Territory to chair the board of directors of the Abuja Investment Company. He also serves on the board of Timbuktu Media a new publishing house that intends to publish a national daily in Nigeria. Hakeem Belo-Osagie, a Harvard-trained petroleum economist, chairs the Nigerian operations of United Arab Emirates-based telecom provider Etisalat. Through his holding companies, Premium Telecommunications Holdings and MyaCynth, he controls a 12.5% stake in Etisalat Nigeria. A dedicated philanthropist, he is one of the largest donors to the African Leadership Academy, a residential secondary institution in Johannesburg, South Africa, which trains Africa's brightest students for a future of leadership.

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