Professor Uche Uwaleke, a former Commissioner of Finance in Imo State, has been appointed as the Special Adviser to the Chairman of the Senate Committee on Banking, Insurance, and Other Financial Institutions, Senator Mukhail Adetokunbo Abiru.
Uwaleke, who is Nigeria’s first Professor of Capital Markets, was notified of his appointment in a letter dated January 25, 2024.
The letter, with reference number NASS/10/S/COBIF/02, was signed by Ogunrinde. G. Tinuke, Clerk/Deputy Director Legislative, said the appointment of the varsity Don is in recognition of his deep knowledge of the country’s financial system.
It reads, “I write in respect of the above subject matter to formally convey to you the Chairman’s approval for your engagement as the Special Adviser to the Chairman Senate Committee on Banking, Insurance, and Other Financial Institutions.
“This is in recognition of your deep knowledge of the country’s financial system, which I have come to acknowledge.
“I have no doubt that your expertise in the field of banking and finance will be of great assistance to me and other members of my committee in the effective discharge of our oversight function on the country’s banking, insurance, and other financial institutions.”
The appointment is coming about five months after Uwaleke was appointed Special Adviser on Capital Market to Osita Izunaso, the Chairman of the Senate Committee on Capital Market.
Prof. Uwaleke is a Fellow of the Chartered Institute of Bankers of Nigeria, a Fellow of the Institute of Chartered Accountants of Nigeria, and a Fellow of the Chartered Institute of Taxation of Nigeria.
He is a former Head of Banking and Finance at Nasarawa State University Keffi, a former Chairman of the CIBN Abuja Branch, and a former Member of the Governing Council of the Chartered Institute of Bankers of Nigeria.
The immediate past Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, described him in 2022, during the launch of Uwaleke’s books, as a major contributor to the development of the economy through his insightful analysis of finance and economic issues.
Prof. Uche Uwaleke is a member of the Presidential Committee on Fiscal Policy and Tax Reforms and is currently the Director of the Institute of Capital Market Studies at Nasarawa State University, Keffi.