BBN Special

Meet Adedoyin Salami, the Technocrat President Muhammadu Buhari Appointed as Chairman of Economic Advisory Council (EAC)

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Edwin Eriye

Blackbox Nigeria, in a report yesterday, published that President Muhammadu Buhari has set up a new Economic Advisory Council (EAC) after dissolving that of Vice-President Yemi Osinbanjo.
56-year-old Adedoyin Rasaq Salami was appointed as Chairman of the new economic council.

In the spirit of professional and informative reporting, here is a profile of the newly appointed chairman.

Adedoyin Rasaq Salami, born April 4th, 1963 is a Nigerian and an economist who, in November 2017, completed a two-term (8-year) stint as member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee.
Salami was a member of the Federal Government of Nigeria’s Economic Management Team (EMT) during the tenure of late President Umaru Musa Yar’Adua, Salami also served as Vice-Chairman (under the leadership of Alhaji Ahmed Joda) of the Transition Committee for President Muhammadu Buhari. A member of the International Monetary Fund’s (IMF) Advisory Group for Sub-Saharan Africa (AGSA), he is also a member of the Board of the Nigerian Economic Summit Group (NESG) and had the privilege of being Co-Chair of the Central Organizing Committee for the Nigerian Economic Summit in 2009.

Adedoyin , who is also a Senior Fellow/Associate Professor and full-time member of the faculty at the Lagos Business School (LBS), Pan-Atlantic University, began his career with Adetutu & Co. Ltd., before joining the University of Lagos, Akoka, Lagos, Nigeria, as a Lecturer in the Department of Economics. Adedoyin’s term as member of the CBN’s policy committee ended in November 2017.

He got his doctorate degree graduate in Economics of Queen Mary College, University of London in 1989. Salami’s research interests include issues in corporate long-term financial management; macroeconomic policy; corporate competitiveness and risk management; and characteristics of Small and Medium Enterprises (SMEs).

From lecturing at the University of Lagos, Salami has built a career in consulting, establishing the research firm Edward Kingston Associates in 1997, which he merged with Soft skills in 2014 to form Kainos Edge. His other consulting activities include assignments for the Coca-Cola Nigeria and Equatorial Africa (CCNEAL), Department for International Development (DFID), World Bank, United Nations Industrial Development Organization (UNIDO), United States Agency for International Development (USAID) and serving as Peer Reviewer for the International Finance Corporation’s (IFC) review of its Nigeria strategy.

Salami has written extensively on the Nigerian economy. And he currently sits on the boards of the African Business Research Ltd., First World Communities, and Diamond Pension Fund Custodian.

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