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

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note