Nigeria: Diamond-Rich Botswana Appoints Nigerian As Chairman of Multi-Billion-Dollar Sovereign Wealth Fund

Chairman of Nigeria’s second oldest bank, Union Bank Plc, Mr. Farouk Gumel, has been appointed by the President of Botswana, His Excellency Advocate Duma Gideon Boko as the Chairman Board of Directors of the Botswana Sovereign Wealth Fund Limited.Gumel is currently the Vice Chairman of Tropical General Investments (TGI) Group and immediate past Chairman of the Nigerian Sovereign Investment Authority (NSIA).

The announcement was made at the official launch of the new multi-billion-dollar Sovereign…