Arunma Oteh joined the World Bank as Vice President and Treasurer in September 2015. She manages and leads a large and diverse team responsible for managing more than $180 billion in assets, and borrowing in more than 20 currencies around the world. In addition to maintaining the World Bank’s global reputation as a prudent and innovative borrower and investor, she and her team manage an extensive client advisory business.
Oteh most recently served as the Director General of the Securities and Exchange Commission of Nigeria. Appointed to a five-year term by the president of Nigeria in 2010, she led the transformation of the country’s capital markets industry into world-class. She was a member of the Board of the International Organization of Securities Commissions (IOSCO) and the Chairperson of the Africa Middle East Regional Committee of IOSCO. Prior to joining SEC Nigeria, Oteh was Group Vice President from 2006 to 2009 and Group Treasurer from 2001 to 2006 at the African Development Bank Group (AfDB). She also held various positions in treasury and lending in the course of her career at the AfDB, which she joined in 1992. She started her career at Centre Point in 1985 and has worked in corporate finance, teaching, and research.
She holds a masters of business administration from Harvard University and a First Class Honors bachelor of science degree in computer science from the University of Nigeria.
In 2011, in recognition of her contribution to economic development and to transforming the Nigerian capital markets, she was awarded the Officer of the Order of the Niger national honor. She was also named the African Investor Capital Market Personality of the Year in 2014.