ARM-Harith announces new CEO
ARM-Harith announces new CEO
ARM-Harith Infrastructure Investments has announced the appointment of Rachel More-Oshodi as its new CEO.
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ARM-Harith Infrastructure Investments has announced the appointment of Rachel More-Oshodi as its chief executive officer, effective March 2024. This follows the recent appointment of its former CEO, Tariye Gbadegesin, to the role of CEO at the Climate Investment Funds.
More-Oshodi, with over two decades of experience in finance, infrastructure and energy, steps into this role after her tenure as deputy vice president for commercial sales and specialties at Africa Total Energies. Her other previous positions include head of infrastructure finance for West Africa at Rand Merchant Bank and roles at the International Finance Corporation (IFC) and the Inter-American Development Bank (IaDB). More-Oshodi, who holds dual French and US citizenship, is originally from Cameroon.
Offong Ambah, chairman of the board of directors said, “We are thrilled to have Mrs More-Oshodi lead ARM-Harith. Her remarkable track record in managing multi-country, multi-business platforms, and her profound understanding of energy and infrastructure investment across Nigeria, Africa, and globally, uniquely position her to drive our next growth phase.”
More-Oshodi added, “Joining ARM-Harith as CEO is not just another occupation, it is a vocation. Together with the exceptional team at ARM-Harith, I am dedicated to unlocking the transformative power of infrastructure and renewable energy to catalyse economic growth and enhance the quality of life across the continent. It is truly a unique opportunity to enact meaningful change, leverage our collective expertise and resources to create a thriving, resilient Africa – one that stands as a testament to what is possible when passion aligns with purpose.”
The appointment is subject to concluding the regulatory requirements with the Securities and Exchange Commission and relevant authorities.
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