The Nigerian Capital Development Fund (NCDF Group), a leading development finance and impact investment institution on Thursday announced the appointment of Mr. Nicholas John Connell as its new Group Managing Director & Chief Compliance Officer.
A British national, who was born in South Africa, Mr. Connell brings to the NCDF Group a distinguished career in private equity, venture capital, and financial risk management, with a proven track record of designing and deploying high-impact investment instruments across emerging markets.
With a mandate that bridges innovation and regulatory compliance, Mr. Connell has been tasked with aligning NCDF’s diverse investment offerings with Securities and Exchange Commission (SEC) Nigeria’s regulatory framework, while also ensuring that each financial product delivers risk-adjusted, socially responsible returns to the investors. His oversight will include prospectus development, strategic placement partnerships, and institutional investor engagement, positioning NCDF Group as a trusted gateway for inclusive capital mobilization in Africa.
‘Mr. Connell’s appointment marks a strategic inflection point for the NCDF.
His international expertise and deep understanding of financial structuring will empower us to unlock new capital flows, deepen investor confidence, and translate our mission into viable, scalable financial instruments that fuel sustainable economic growth in Nigeria’ a statement made available to Team@orientactualmags.com by Mr Tajudeen Kareem, the Executive Director, Public Affairs, quoted Mr Hareter Babatunde Oralusi, the Chairman & CEO of NCDF Group, as saying.
As Group Managing Director & Chief Compliance Officer, Mr. Connell will also lead efforts to strengthen governance, transparency, and institutional resilience across NCDF’s operational portfolio. His role is pivotal in balancing innovation with fiduciary responsibility, ensuring each NCDF-backed project meets rigorous criteria for both profitability and measurable social impact.
‘I am honoured to join NCDF Group at a time of tremendous opportunity. Nigeria’s development landscape is brimming with potential, and I look forward to working with our talented teams and partners to structure investments that drive impact, unlock prosperity, and inspire confidence in African-led capital solutions’ Mr Nicholas John Connell submitted on Thursday.
With Mr Nicholas John Connell at the helm of its investment strategy and compliance framework, the NCDF Group is poised to accelerate its mission of building a resilient, inclusive, and opportunity-rich Nigeria through smart capital and innovative partnerships–Team@orientactualmags.com Do you have any information you wish to share with us? Do you want us to cover your event or programme? Kindly send SMS to 08035023079, 08059100286, 09094171980 or get in touch via orientactualmag@gmail.com. Thank you
