Arunma Oteh: A reformer fights back

In an exclusive interview, Arunma Oteh says her temporary suspension earlier this year as head of the Nigerian Securities and Exchange Commission was just the latest in a series of attempts to unseat her. But she says she and her allies are winning the battle to stop market abuses and change Nigeria.

To outsiders looking at Nigeria, Arunma Oteh was an unlikely target for allegations earlier this year of mismanagement of official funds. She has now been cleared. “My integrity has never been questioned, not once in a 28-year career,” Oteh says.

This is a woman who seems genuinely committed to helping make the markets she regulates, as director general of the Securities and Exchange Commission, into a more effective instrument of Nigeria’s advancement. In fact, Oteh has spent much of her life working in development finance, including 18 years at the African Development Bank.

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