Kingsley Moghalu is a technocrat, a Nigerian political economist, Presidential Aspirant come 2023, a quintessential Lawyer, an Author, Ifekaego of Nnewi Kingdom, former United Nations official, a honest politician, a husband and a father of four children is a global man with many parts.
In this expository write up authored by Sani Michael Omakoji of OurWorldGist, we shall look at Kingsley Moghalu from his childhood, his education, his Career, his political career, his contributions to academics, and the honours / marriage his life.
Early life and Education
Moghalu was born in Lagos in 1963 to Isaac Moghalu, a Nigerian foreign service officer and Vidah Moghalu, a school teacher.
Moghalu spent his early childhood in Switzerland and Washington, DC, where his father was posted.
Isaac 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.
The Eastern Region announced its secession from Nigeria the following month of May, and Moghalu and his family lived in his hometown of Nnewi, as well as Umuahia, the capital of the short-lived Republic of Biafra, during the civil war that lasted for two and a half years.
In the 1970s Kingsley received his secondary school education at Eziama High School, Aba, Government College Umuahia, and Federal Government College Enugu.
He earned a degree in law from the University of Nigeria in 1986, and the Barrister at Law from the Nigerian Law School, Lagos.
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.
Moghalu later obtained his Doctor of Philosophy degree in international relations at the London School of Economics and Political Science at the University of London 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”.
He also earned the International Certificate in Risk Management from the Institute of Risk Management in London.
He received advanced executive education in macroeconomics and financial sector management, corporate governance, and global strategic leadership at the International Monetary Fund Institute, Harvard University’s Kennedy School of Government, Harvard Business School, and the Wharton School at the University of Pennsylvania.
Career
Moghalu joined the United Nations in 1992. His first assignment was in Cambodia as a UN human rights and elections officer with the United Nations Transitional Authority in Cambodia.
A year later, he was appointed political affairs officer in the department of peacekeeping operations at the UN Headquarters in New York.
From 1996 to 1997, he served in the former Yugoslavia as political advisor to the special representative of the UN Secretary-General in Croatia.
Kingsley was then assigned as legal adviser to the United Nations International Criminal Tribunal for Rwanda (UNICTR) in Arusha, Tanzania, in 1997 and later promoted to the role of the international tribunal’s spokesman.
As special counsel and spokesman, he was responsible for policy development, strategic planning and external relations. The UNICTR delivered the first-ever judgement by an international court on genocide.
In 2002, 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 (GFATM), 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.
He 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.
In 2006, United Nations Secretary-General Kofi Annan appointed Moghalu as a member of the UN General Assembly-mandated Redesign Panel on the United Nations Internal Justice System.
Working at the UN Headquarters in New York for six months in the first half of 2006, the Redesign Panel reviewed and made recommendations on how to improve the system of administration of justice at the United Nations.
The United Nations Conference on Trade and Development (UNCTAD) in Geneva, Switzerland appointed Kingsley Moghalu, in 2017, as a member of its high level Independent Expert Group on Financing for Development.
The Expert Group reviewed and made recommendations on how to better achieve the Sustainable Development Goals and effective domestic resource mobilization for development in developing countries.
Moghalu resigned from the United Nations in December 2008. He then founded Sogato Strategies S.A., a global strategy and risk consultancy, in Geneva.
Umaru Yar’Adua, President of the Federal Republic of Nigeria (2007–2010), appointed Moghalu deputy governor of the Central Bank of Nigeria in November 2009.
Moghalu was the deputy governor for Financial System Stability. He also 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. He led the rollout of payment systems reforms including the development and introduction of the unique identifier Bank Verification Number (BVN).
Moghalu has also served as a member of the board of directors of Opportunities Industrialization Centers International in Philadelphia, a non-profit global entrepreneurship development organization founded by the late US civil rights leader Reverend Leon Sullivan.
Moghalu was a member of the Monetary Policy Committee (MPC), the Committee of Governors (CoG), and the Board of Directors of the CBN, and also served as a member and representative of the CBN in the Economic Management Team of president Goodluck Jonathan.
He served as the Chairman of the Boards of Directors of the Nigerian Export-Import Bank (NEXIM) and the Financial Institutions Training Centre, and as a member of the boards of the Asset Management Corporation of Nigeria, Securities and Exchange Commission (SEC), and the Kuala Lumpur-based Alliance for Financial Inclusion (AFI).
He also represented the CBN as a member of the Board Executive Committee of the International Islamic Liquidity Management Corporation, headquartered in Kuala Lumpur.
” Moghalu’s tenure at the CBN included the introduction of non-interest (Islamic) banking. Nigeria being a sensitive nature with pluralised ideology of religion made it an issue.
Moghalu being technocrat of high intellect, 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”.
Political career
In February 2018, Moghalu announced his intention to run for the office of the President of Nigeria. He later chose to run on the party platform of the Young Progressives Party.
As the presidential campaign wound down in February 2019, Wole Soyinka, the Nigerian born Nobel Laureate, issued a strong endorsement of Kingsley Moghalu to be elected Nigeria’s president.
Sanusi Lamido Sanusi, then Emir of Kano, also endorsed Moghalu for President. Moghalu also received the strong endorsement of the Ooni of Ife, Adeyeye Enitan Ogunwusi
Although Moghalu ultimately lost the election to Buhari, his candidacy, anchored on his manifesto “Build, Innovate and Grow” (BIG), had a strong appeal, and created a shift in Nigeria’s political narrative towards the need for political and electoral reform.
In October 2019, 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 (TBAN).
Moghalu was recently voted Man of the Year by Nigerians in a widely circulated online poll by TopFlyers Magazine, beating two other contenders, former Vice-President Atiku Abubakar and former Lagos State Governor Bola Ahmed Tinubu. Is this an indication of a possible upset, a preference for a generational shift in leadership in 2023?
Well, only time shall tell!
The ex-central banker, who has so far resisted pressures to join either of the two main parties APC and PDP has also recently been identified as one of the leaders of an emerging “Third Force” alongside the likes of former Ondo State Governor Olusegun Mimiko, Olisa Agbakoba, Prof. Attahiru Jega, Prof. Pat Utomi and former Speaker of the House of Representatives Umar Ghali N’abba.
Contributions to Knowledge.
Moghalu being a prolific writer, published the following:
1. Moghalu, Kingsley Chiedu (February 2018). Build, Innovate and Grow: My Vision for Our Country, Bookcraft.
2. Moghalu, Kingsley Chiedu (24 July 2014). Emerging Africa: How the Global Economy’s ‘Last Frontier’ Can Prosper and Matter. Penguin UK. ISBN 9780141979465.
3. Moghalu, Kingsley Chiedu (2006). Global Justice: The Politics of War Crimes Trials. Greenwood Publishing Group. ISBN 9780275992972.
4. Moghalu, Kingsley (15 November 2005). Rwanda’s Genocide: The Politics of Global Justice. Palgrave Macmillan. ISBN 9781403970817.
5. He also wrote an essay in the book Bretton Woods: The Next 70 Years (2015).
Worthy of mentioning, in 2014, Moghalu delivered the Thomas Hodgkin Memorial Lecture at the University of Oxford that attraction attention globally.
Honours
Moghalu has been decorated with the Nigerian National Honour of the Officer of the Order of the Nigerian (OON) by President Goodluck Jonathan.
He has also been conferred with the degree of Doctor of Laws (LL.D.) Honoris Causa by Anambra State University, and is a Fellow of the Chartered Institute of Bankers of Nigeria (FCIB).
He is the recipient of the Rotary International Distinguished Service Award, and the “Against All Odds” Achievement Award of the African Women Economic Consortium.
In 2019, following the general elections in Nigeria, the Federation of West African Freelance Journalists Association named Moghalu “Nigerian Political Icon of the Year” in what the association called “the Nigerian Political Achievers Hall of Fame”.
On December 28, 2020, Moghalu was honoured with the conferment of the Nnewi traditional title of Ifekaego of Nnewi Kingdom by HRH Igwe Kenneth Onyeneke Orizu III.
Personal life
Moghalu married Maryanne Onyinyechi Moghalu in 1994 and their union is blessed with four children.
From all us at ourworldgist, this is wishing Professor Kingsley Chiedu Moghalu, success as he shows interest for presidency come 2023.
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