Minister of Finance
Kemi Adeosun is the Honourable Minister for Finance. Kemi holds a Postgraduate Diploma in Public Sector Financial Management form University of London (School of Oriental and African Studies) as well as a BSc Hons Degree in Applied Economics from University of East London. She qualified as a Chartered Accountant with the Institute of Chartered Accountants of England and Wales (ICAEW) and has 22 years’ post qualification experience. She is also a member of the Institute of Chartered Accountants of Nigeria (ICAN). She has attended various Executive management Programmes including courses in Strategic Leadership at the prestigious Wharton Business School.
Mrs. Kemi Adeosun was born and brought up in London, where she spent the first 36 years of her life. She is a seasoned financial professional with over 25 years of finance experience gained in the United Kingdom and Nigeria. Her expertise spans Audit, Risk, Management Consultancy, Investment Banking, Pensions Administration and Public Sector Financial Management. She has held senior roles in various institutions including British Telecom Plc and PricewaterhouseCoopers in the UK. In Nigeria, she joined the Chapel Hill Denham group in 2002 as Financial Controller and rose to become Managing Director, until her resignation in 2010, to start her own consultancy – The Quo Vadis Partnership.
Prior to her appointment as Minister, Kemi was Commissioner for Finance in Ogun State; one of Nigeria’s fastest growing States. She is the first woman to have held that position. At Ogun State, she was a key part of Governor Ibikunle Amosun’s Mission to Rebuild, which turned around the economic fortunes of the State. Kemi is credited with aggressive growth of Internally Generated Revenue by over 500%, using a range of innovative structures. Among her many professional attainments was pioneering the introduction of the Centralized Treasury System (Treasury Single Account) in Ogun State in 2011, culminating in significant fund recovery and reduced borrowing costs. She also spearheaded the Residency Rule Campaign, which resulted in over 100,000 additional taxpayers, who worked outside the State remitting their taxes to Ogun State, rather than the State of their employment. She was also a key part of the Homeowner’s Charter Project, which attracted over 200,000 applicants, increased IGR and supported the State’s Urban Renewal Initiatives.
She is passionate about financial empowerment for women and it is a subject on which she writes and speaks extensively. In 2009, she was invited to speak at the Global Summit for Women in Chile. Prior to her foray into public service, Kemi authored a popular weekly personal finance column aimed at women, published in This Day Style Magazine.