Gimba Ya’u Kumo, (oon)
Born on the 5th of November 1959, in Gombe State, Nigeria, Mr. Gimba Ya’u Kumo, OON, is a seasoned administrator, banker and leader, with over thirty years working experience in both the private and public sectors.
Mr. Kumo earned a Bachelor of Science degree in Business Administration in 1983 from Ahmadu Bello University and acquired a Masters degree in Business Administration, from Abubakar Tafawa Balewa University, Bauchi in 1999.
His career began at the Bauchi State Ministry of Education in 1984. He was with the Bauchi State Investment and Property Development Company between 1985 and 1987, where he supervised a housing property/provision programme to deliver affordable housing to residents of Bauchi State. He joined the banking sector with his employment at the United Bank for Africa (UBA) in 1987 and the Inland Bank of Nigeria, now Fin Bank Plc, in 1989.
After his spell in the banking sector, he became the Special Assistant to the Minister of Power and Steel in 2003. He also served as Special Assistant and Senior Special Assistant to Governor of Gombe State, as well as Liaison Officer Abuja, from 2003 to 2008. Between 2008 and 2010, he represented the North East geopolitical zone as a Federal Commissioner at the Fiscal Responsibility Commission.
As a result of his outstanding public service record, he was appointed by Mr. President as the Managing Director/Chief Executive of the Federal Mortgage Bank of Nigeria, in December 2010. This tenure was renewed in January 2015.
During his tenure as the MD/CE, he introduced numerous programmes that enhanced the operations of FMBN towards achieving housing delivery for workers. These included the launch of the FMBN Informal Sector Cooperative Loan Scheme, the National Housing Fund (NHF) e-Collection Platform, the mobilisation of ten (10) States of the Federation to resume their workers’ contributions to the National Housing Fund (NHF), overhaul of the Bank’s IT infrastructure, improvement in NHF collection, introduction of Diaspora mortgage to Nigerians abroad and delivery of several housing projects all over the country, amongst other achievements.
NEW DELHI—India’s government on Monday eased foreign-direct investment restrictions in several sectors to increase inflows, a move that also could pave the way for Apple Inc. to open its own stores in one of its main growth markets.
A surge in cross-border mergers and acquisitions boosted global foreign direct investment flows around the world last year to $1.76 trillion, the most since the 2008-2009 financial crisis, the United Nations said in a study.
The ‘Foreign Direct Investment in Latin America and the Caribbean’ 2015 report published by Economic Commission for Latin America and the Caribbean (ECLAC) showed that Mexico recorded inflows of US$ 22.795 billion in 2014. Brazil continues to be the largest recipient of FDI in the region, though inflows US$ 62.495 billion, while Chile remains the … Continue reading Organisers of Annual Investment Meeting 2016 call for building investment bridges between Middle East and South America
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