Arunma Oteh interview: New markets for the World Bank
Arunma Oteh has helped develop new financial tools to address the world’s most pressing issues – in an exclusive interview, she talks about the difference the capital markets can make and her previous career fighting corruption in Nigeria.
|Illustration: Kevin February|
“I’m always interested in how you can use the capital markets to make a difference,” Arunma Oteh says. The treasurer of the World Bank, who meets Euromoney during a recent visit to London, says this fascination with finance came to her – or rather, was forced upon her – early on.
“I spent my career in the capital markets because of what was discussed at the dinner table with my father,” she explains.
After dinner, when she was only a young girl, her father made her and her sisters read the annual reports of the companies whose stocks on the Nigerian exchange he was invested in. “I hated it. I couldn’t believe that this was what we did every night.”
But, she adds, this served as a valuable lesson and gave her work life a direction. “From when I was a child, I recognized the power of the capital markets.”
As the treasurer of the World Bank, a position she took up in September 2015, she has never been in a better position to harness that power.