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Oduoza, Rewane showcase Nigerian investment opportunities In Germany

Two leading Nigerian financial experts, Mr. Phillips Oduoza, Group Managing Director and Chief Executive Officer, United Bank for Africa Plc, and Mr. Bismarck Rewane, Chief Executive Officer, Financial Derivatives Company,  have called on Geman investors to take advantage of the oppor-tunities in Nigeria to increase business partici-pation in the country.

The duo made this call during a recent meeting  with German business and political leaders.

Discussions held during the visit which was facilitated by German based Roland Berger Strategy Consultants, bordered on ways of fashioning out areas of cooperation in the financial services sectors.

At a meeting with German business executives in Frankfurt, Oduoza and Rewane enlightened participants of the ongoing reforms in the financial sector of the Nigerian economy and the need for German investors and govern-ment to take advantage of opportunities opening up in the country.

“The exchanges between business executives from the two countries will, no doubt, form durable partner-ships that will reap benefits for both sides in the months and years ahead” said Oduoza.

In Frankfurt, the Nigerian executives visited Roland Berger’s new office, located in the elegant OpernTower where they met with Prof. Dr. Roland Berger, Founder and Honorary Chairman of Roland Berger Strategy Consultants, and Dr. Udo Broeskamp, Partner and Head of Global Financial Services.

Mr. Berger informed the visitors that Roland Berger, founded in 1967, now has 39 offices in 28 countries, with its Lagos office to be opened in few months.

He noted that the firm is one of the leading global top management consultancies, specially valued for its strengths in implementation and transformation.

Oduoza and Rewane also held discussions with the Association of German Banks, where they discussed the challenges facing Nigeria-Germany financial cooperation and ways to strengthen financial ties between the two countries.

Present at the meeting with bank leaders in Germany are General Manager, Mr. Markus Becker-Melching, Dr. Tobias Unkelbach, specialist on interna-tional financial markets, Mr. André Roenne, Head of the German delegation to Nigeria and Dr. Oliver Lamprecht of the German Ministry of Economics and Technology.

In Berlin, the capital of Europe’s biggest economy, the two Nigerian financial experts were guests of the German Parliament, where they were received by the Speaker for financial and banking policy of the governing party, Congressman Klaus-Peter Flosbach.

Witnessing an ongoing discussion on pension funds in Germany and Europe, they noted how similar financial topics are discussed around the world, as the new international economic system takes shape.

While acknowledging the giant strides of UBA in Africa and beyond, Mr. Guenther Nooke, the personal coordinator on African policies to the Chancellor of the Federal Republic of Germany, Mrs. Angela Merkel, said he looked forward to future collaborations between the bank and government of Germany.


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