Goldman Prime Brokerage Exec. To Join Nigerian Cabinet

Mar 25 2010 | 11:38am ET

Nigeria’s acting President Goodluck Jonathan has appointed a Goldman Sachs prime brokerage executive to the country’s cabinet.

Olusegun Aganga, who is based in London, heads Goldman’s hedge fund consulting services. The managing director has reportedly been actively developing the firm’s business in Nigeria and sub-Saharan Africa.

Aganga is a newcomer to Nigerian politics.

The preliminary list of 33 names, which comes a week after Jonathan dismissed Nigeria’s government, does indicate specific appointments. But the inclusion of Aganga on the list of ministerial candidates is thought to signal Jonathan’s desire to press forward with banking reforms.

Jonathan is expected to add nine others to the list of nominees, which are expected to be approved by the country’s Senate before Easter.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

Business Insider has been reporting on the unusual trading activity of a mystery trader who placed a profitable short equity bet to the tune of $21 million on the Aug. 10 move in the CBOE Volatility Index (VIX).