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Kingsley Moghalu (Biography)


Encyclopedia » Biography
Nigeria

Professor, Economist, Author, Politician and Dark Horse of the 2019 Presidential Elections.

Welcome to Logbaby’s biography of Prof. Kingsley Moghalu, a story of global travels and national aspirations…


Prof. Kingsley Moghalu - Presidential Candidate


SUMMARY DATA:

Name: Kingsley Bosah Chiedu Ayodele Moghalu

Titles or nickname: OON (Officer of the Order of the Niger), Professor

Date of birth: May 7, 1963

Physique: Average build

State of Origin: Anambra State (Community: Akabozem, Uruagu, Nnewi Town, Jada LGA)


 

INTRODUCTION

Moghalu was born into diplomacy and education and has made sure to work in one and acquire a lot of the other. His father was a Foreign Service Officer in the Ministry of Foreign Affairs and his mother was a teacher, who later became a Dietician, Moghalu will go on to work severally for the United Nations and The Central Bank of Nigeria, and to beat his way in education by attending Tufts University in Massachusetts, USA, The University of Nigeria in Nsukka in Enugu, Nigeria, London School of Management in the U.K and numerous executive and institutional courses.

Moghalu is business man, diplomat, economist, educator, author and now flag bearer of the Young Progressives Party (YPP) for the 2019 Presidential Elections in Nigeria.

 

PICTURE

EARLY LIFE

Professor Kingsley Moghalu is one of 5 Children born to Nigerian Diplomat Late Chukwudum Isaac Moghalu a diplomat with the Nigerian Foreign Service, this background mean't a well travelled life as his father was 1st posted to Geneva, Switzerland and then Washington, DC. His mother Lady Vidah Chinelo Moghalu was a teacher when he was born and later became a dietician.

His Yoruba name, Ayodele was given to him by the late Mrs. Fumilayo Ransome-Kuti who was a family friend in Ikoyi.

Moghalu was born in Lagos, Nigeria on May 7th 2963, the 1st of the 5 children but by origin he is a native of Nnewi, a commercial city in Anambra State.

He grew up in Geneva, Washington, Umuahia, Webb Road in Ikoyi, Lagos and attended University in Enugu. Life for the family started in Switzerland for just 1 year, then D.C for 3 years until the Nigerian Civil War drew the family back home. In 1967 his father was transferred to the Eastern Region Civil Service at the start of the conflicts and when it materialised into a full-scale war. Isaac Moghalu joined the Cabinet Office of the Eastern Region, and later the Ministry of Foreign Affairs of Biafra. 

 


EDUCATION

 

He attended Secondary School at 3 different institutions namely: Eziama High School, Aba, Government College, Umuahia, and Federal Government College, Enugu.

He got his 1st degree from the University of Nigeria in Law in 1986 and was admitted into the Nigerian Bar in 1987.

After his NYSC and a few years of working in Nigeria, Moghalu left in 1991 for an M.A at The Fletcher School of Law and Diplomacy. His sights set on a career in the United Nations at Fletcher Moghalu was awarded the Joan Gillespie Fellowship and obtained a master's degree in international relations in 1992.

He also holds a Ph'D in international relations from the University of London's London School of Economics and Political Science. He also hold an International Certificate in Risk Management from the Institute of Risk Management in London, both of these he attained while working at the United Nations as a Senior Staff. He attests that he completed a 450-page doctoral dissertation in 12 months, defending and recieving his Ph'd in 18months.

He is an alumnus of executive education in macroeconomics and financial sector management, corporate governance, and global strategic leadership at the International Monetary Fund Institute, Harvard University's Kennedy School of Government, Harvard Business School, and the Wharton School at the University of Pennsylvania.

Professor Moghalu is holds several honors, including the Officer of the Order of the Niger (OON) conferred by the President of the Federal Republic of Nigeria, Fellow of the Chartered Institute of Bankers (FCIB) of Nigeria, and the Rotary International Distinguished Service Award.   He is also a member of the American Economic Association, American Bar Association, Academy of International Business, Global Association of Risk Professionals, and the Nigerian Bar Association.


CAREER BEGINS

After law school then Barister Moghalu proceeded for NYSC (National Youth Service) as a Legal Officer at Shell Petroleum Development Company (SPDC) in Lagos. He subsequently continued with law and jornalism after school, working as General Counsel of Newswatch, which at the time was the leading news magazine in Nigeria. He also contributed to the opinion pages of The Guardian newspaper, and was a special correspondent for some Western newspapers including Africa News Service (forebearer of AllAfrica Global Media), and the Christian Science Monitor.

After his leaving these posts to pursue his M.A at Fletcher he was appointed into the UN Secretariat in 1992 by former Secretary-General Boutros-Boutros Ghali. At the U.N his first posting was as a UN human rights and election officer in Cambodia, and from there he quickly rose in the ranks to the highest rank of director with posting in Croatia, Switzerland, Yugoslavia, Tanzania, the U.N Headquarters in New York etc,. 

In 2002, Moghalu served as head of global partnerships and resource mobilization at The Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM), at the World Bank in Geneva, Switzerland. 

Before leaving the U.N after 17 years of service he had even served as an Under Secretary-General, on a U.N panel for internal management reform, a position he was appointed to by late Secetary-General Kofi Annan. The Under-Secretary-General is the highest political rank in the UN below the Secretary-General.

He would later go on to serve a full term as a Deputy-Governor at the Central Bank of Nigeria (CBN), but before then he went into private enterprise.

BUSINESS CAREER

On leaving the U.N in 2009 Prof. Kingsley Moghalu founded Sogato Strategies SA a risk management and strategy consulting firm, in Geneva, Switzerland, the business itself was a risk as he had to resign a permanent appointment at the U.N. But in time Moghalu was able to secure lucrative and high profile consulting engagement with Swiss Bank UBS and Swiss agrochemicals multination Syngenta.

Life was moving in the right direction it seemed, yet a 2009 meeting with Sanusi Lamido Sanusi at the World Economic Forum in South Africa would bring another wind.  Sanusi the newly appointed Governor of the CBN was in search of strong hands to enable him execute an unprecedented reform of the Nigerian banking sector which was realing from the damage of the global financial crisis. Upon Sanusi's recommendation, Moghalu was appointed a deputy governor of the Central Bank of Nigeria by President Umaru Yar'Adua In November 2009, and was swifly approved by the senate.

He took up his role as Deputy Governor for Financial Stability.

After completing a 5 year tenure in 2014 Moghalu returned to private enterprise and has since expanded Sogato Strategies to offices in Washington DC and Nigeria.

At various times Moghalu has also served as a member of the Advisory Board of the Official Monetary Institutions Forum (OMFIF), Board of directors of AMCON, Opportunities Industrialization Centers International in Philadelphia, Professor of Practice in International Business and Public Policy at Tufts University’s Fletcher School, and was a 2017 Mason Fellow and Master of Public Administration (MPA) candidate at Harvard University’s Kennedy School of Government.

He is also a Partner in the US law firm Cooke Robotham LLP, a full suite international practice.

He is also and author and his books and writing include;

  • Emerging Africa: How the Global Economy's 'Last Frontier' Can Prosper and Matter (2014)
  • Bretton Woods: The Next 70 Years (2015)
  • Global Justice: The Politics of War Crimes Trials (2006)
  • Rwanda's Genocide: The Politics of Global Justice (2005)

 

 

 


POLITICAL CAREER

Kingsley Moghalu YPP Presidential Poster

In February 2018, Moghalu declared his interest to run for the presidency of Nigeria. He has since secured the ticket of the Young Progressive Party, consulted widely and is seen as the possible dark horse candidate for the 2019 Presidential Elections.



CONTROVERSY

In early 2014, Moghalu diverged from the suspended CBN Governor, Sanusi Lamido Sanusi. At the time Sanusi alleged a $20 billion fraud at the NNPC in a leaked open letter to the President. Discussing the Sanusi affair on the sidelines of the Africa CEO Forum in Geneva, he told the Independent (U.K): "The lesson that can be drawn from it is the limits of central bank independence... There is a very thin line between central bank independence and... political posturing."

Picture: Kingsley Moghalu with his former boss and now Emir of Kano - Emir Sanusi Lamido Sanusi II in 2017

 

In support of President Jonathan's government, he said: "The president of Nigeria and the government of Nigeria have never in my knowledge interfered with the function of the central bank. And therefore I think we need to give them credit for respecting [its] independence."

He added: "The governor began to make very damaging public allegations against the government... allegations that have not been proven, after the president had sent him a presidential query about the finances of the central bank. The government has given a reason for the suspension and that was... to enable an investigation into the allegations against him."

And concluded that: "Somebody in the central bank was taking on an activist political role. That is not our function. Central banks over the world have clear functions and in your country [Britain] and any other civilised country I know that central bank governors operate within certain expectations and constraints and respect those expectations and constraints."


 

PERSONAL LIFE

Professor Kingsley Moghalu and Family - Wife and Children
Picture: Professor Kingsley Moghalu and Family - Wife and Children


 

In 1994, he married Miss Maryanne Ezike, a banker, lawyer and daughter of the late medical doctor and former Permanent Secretary, Dr. Christopher Ezike. The Moghalu's have 4 children. 

His father is late and passed in 1998 or 1999 and in 2005 he founded the Isaac Moghalu Foundation (IMOF) in his memory. His wife Maryann is the Executive Director of the foundation. IMOF supports educational institutions and disadvantaged children and was inaugurated at Nnewi in December 2005 by Gen. Yakubu Gowon, a former Head of State of Nigeria.

 

Prof. Kingsley Moghalu has 4 siblings:

  • Nancy Ijeoma Ijemere: A Senior Information Technology Specialist and holds an M.Sc in Information Technology from Carnegie Mellon University.

  • Chris Moghalu: A security expert who has served in the US Army Military Intelligence and was educated at Howard University.

  • Robert Odi Moghalu: A US based High School educator and author.

  • Chikezie Moghalu: A petroleum engineer with Chevron Corporation, who holds an M.Sc in petroleum engineering from the University of Southern California.

 


NETWORTH AND ASSETS

$5.2million

His estimated network according to our partners at LIVEN Capital is $5.2million

Core sources: Salary Income, Investments and Consulting. 

 

Contacts/social media:

Website: www.kingsleycmoghalu.com/

 

Twitter:  https://twitter.com/MoghaluKingsley

Facebook: www.facebook.com/kingsleymoghaluglobal/

 

 

 
 

Updated 3 Months ago
 

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