Kingsley Chiedu Moghalu OON was born on 7 May 1963 and is a Nigerian political economist and the President of the African School of Governance, a pan-African graduate school focused on public policy and governance based in Kigali, Rwanda.
38 Facts About Kingsley Moghalu
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Kingsley Moghalu served as Deputy Governor of the Central Bank of Nigeria, appointed by President Umaru Musa Yar'Adua, from 2009 to 2014.
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Kingsley Moghalu subsequently taught at Tufts University as Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy from 2015 to 2017.
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Kingsley Moghalu was the presidential candidate of the Young Progressive Party in the country's general election in February 2019.
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Kingsley Moghalu is a Non-Resident Senior Fellow at the Council on Emerging Market Enterprises at the Fletcher School at Tufts University and has served as the United Nations Development Program Special Envoy on Post-Covid Development Finance for Africa.
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Kingsley Moghalu was the Oxford Martin Visiting Fellow at the University of Oxford for the Michaelmas term in 2021.
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Kingsley Moghalu is the chairman of the board of directors of the Africa Private Sector Summit and is a member of the Advisory Council of the Official Monetary and Financial Institutions Forum, a network of global asset management firms, sovereign wealth and pension funds.
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Kingsley Moghalu spent his early childhood in Switzerland and Washington, DC, where his father was posted.
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Isaac Kingsley Moghalu transferred his service back to Nigeria's Eastern Region as the country was rocked by a political and humanitarian crisis, and the family returned to Nigeria in April 1967.
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Kingsley Moghalu earned a degree in law from the University of Nigeria in 1986, and the Barrister at Law from the Nigerian Law School, Lagos.
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Kingsley Moghalu obtained a Master of Arts degree in 1992, at The Fletcher School of Law and Diplomacy at Tufts University, where he was the Joan Gillespie Fellow and a Research Assistant in the International Political Economy Program.
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Kingsley Moghalu earned the International Certificate in Risk Management from the Institute of Risk Management in London.
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Kingsley Moghalu later obtained his Doctor of Philosophy degree in International Relations at the London School of Economics and Political Science in 2005 with a thesis entitled "Justice as policy and strategy: A study of the tension between political and juridical responses to violations of international humanitarian law".
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Kingsley Moghalu received advanced executive education in macroeconomics and financial sector management, corporate governance, and global strategic leadership at the International Monetary Fund Institute, Columbia Business School, Harvard University's Kennedy School of Government, Harvard Business School, and the Wharton School at the University of Pennsylvania.
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Kingsley Moghalu was then assigned as legal adviser to the United Nations International Criminal Tribunal for Rwanda in Arusha, Tanzania, in 1997 and later promoted to the role of the international tribunal's spokesman.
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In 2002, Kingsley Moghalu was appointed to the World Health Organization in Geneva, Switzerland, as head of global partnerships and resource mobilization at The Global Fund to Fight AIDS, Tuberculosis and Malaria, a public-private international development finance organization and social investment fund with $20 billion in assets and investments in 140 developing and middle-income countries.
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Kingsley Moghalu was a member of the Global Fund's senior management group that set corporate strategy, a member of the risk management committee, and was promoted to the rank of director in 2006.
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Kingsley Moghalu was the deputy governor for Financial System Stability and supervised the execution of reforms in Nigeria's banking sector after the global financial crisis of 2008.
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Kingsley Moghalu served as deputy governor for Operations, with supervisory responsibility for currency and branch operations, payment systems, and the management of Nigeria's foreign reserves of $37 billion.
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Kingsley Moghalu led the rollout of payment systems reforms, including the development and introduction of the unique identifier Bank Verification Number, that enabled the growth of a thriving Fintech industry.
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Kingsley Moghalu was a member of the Monetary Policy Committee, the Committee of Governors, and the Board of Directors of the CBN, and served as a member and representative of the CBN in the Economic Management Team of president Goodluck Jonathan.
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Kingsley Moghalu served as the Chairman of the Boards of Directors of the Nigerian Export-Import Bank and the Financial Institutions Training Centre, and as a member of the boards of the Asset Management Corporation of Nigeria, Securities and Exchange Commission, and the Kuala Lumpur-based Alliance for Financial Inclusion.
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Kingsley Moghalu represented the CBN as a member of the Board Executive Committee of the International Islamic Liquidity Management Corporation, headquartered in Kuala Lumpur.
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In 2014, Kingsley Moghalu delivered the Thomas Hodgkin Memorial Lecture at the University of Oxford.
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On 8 May 2023, Kingsley Moghalu delivered the 30th Anniversary Founders' Day Lecture of the African Export-Import Bank Afreximbank at the Bank's Headquarters in Cairo, Egypt.
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Kingsley Moghalu defended the decision to introduce Islamic banking explaining that this was one of several measures to expand financial inclusion and not, as many Christians in a country with strong sectarian tensions erroneously believed, an Islamization agenda.
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Kingsley Moghalu disagreed with the manner in which his erstwhile superior handled the sensitive controversy.
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Kingsley Moghalu expressed frustration that Sanusi had overstepped his role as the head of the central bank and crossed into political activism, but emphasized his support for Sanusi's leadership in monetary policy.
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In February 2018, Kingsley Moghalu announced his intention to run for the office of the President of Nigeria.
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Kingsley Moghalu later chose to run on the party platform of the Young Progressives Party.
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Kingsley Moghalu received the strong endorsement of the Ooni of Ife, Adeyeye Enitan Ogunwusi.
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In October 2019, Kingsley Moghalu resigned his membership of the YPP, announcing that he would focus in the immediate future on advocacy for electoral reform through the non-partisan citizens movement To Build a Nation.
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In December 2022, Kingsley Moghalu announced that he had withdrawn completely from partisan politics in Nigeria and had returned to a professional life.
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Kingsley Moghalu wrote an essay, "Bretton Woods: The West and the Rest" in the book Bretton Woods: The Next 70 Years.
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Kingsley Moghalu served as a member of the editorial board of Central Banking Journal.
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Kingsley Moghalu was decorated with the Nigerian National Honour of the Officer of the Order of the Nigerian by President Goodluck Jonathan.
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Kingsley Moghalu is the recipient of the Rotary International Distinguished Service Award, and the "Against All Odds" Achievement Award of the African Women Economic Consortium.
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On December 28,2020, Kingsley Moghalu was honoured with the conferment of the Nnewi traditional title of Ifekaego of Nnewi Kingdom by HRH Igwe Kenneth Onyeneke Orizu III.