Nigeria: Diamond-Rich Botswana Appoints Nigerian As Chairman of Multi-Billion-Dollar Sovereign Wealth Fund

Nigeria: Diamond-Rich Botswana Appoints Nigerian As Chairman of Multi-Billion-Dollar Sovereign Wealth Fund

Chairman of Nigeria's second oldest bank, Union Bank Plc, Mr. Farouk Gumel, has been appointed by the President of Botswana, His Excellency Advocate Duma Gideon Boko as the Chairman Board of Directors of the Botswana Sovereign Wealth Fund Limited.Gumel is currently the Vice Chairman of Tropical General Investments (TGI) Group and immediate past Chairman of the Nigerian Sovereign Investment Authority (NSIA).

Botswana: Nigerian National Appointed As Head Of SWF

By Enyichukwu Enemanna Nigeria’s Farouk Gumel has been named the inaugural Chairman of Board of Directors of newly created Sovereign Wealth Fund Limited in Botswana Botswana’s President, Duma Gideon Boko had recently created the Botswana Sovereign Wealth Fund Limited, placing it at the heart of his government’s vision for economic diversification and long-term resilience. The appointment of Gumel was announced at the official launch of the new m…