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Charles Nwodo Jr.

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Charles Nwodo Jr.
Born (1962-10-09) October 9, 1962 (age 62)
CitizenshipNigeria
Alma materUniversity of Nigeria; Harvard Business School
OccupationEntrepreneur

Charles Nwodo Jr. (born October 9, 1962) is a Nigerian entrepreneur.[1][2][3][4] He is the chairman of XL Africa Group, a 6000-staff-member services group with operations in the West African sub-region, Europe, Asia and the United States of America.[5][6][7] He is also the founder of Centre for Entrepreneurship Knowledge Exchange, [2][8][9] and, Integrated Cash Management Services Limited, a cash processing firm.[10][11] Nwodo is a fellow of the Chartered Institute of Stockbrokers;[12] Chartered Institute of Bankers of Nigeria; and, International Association of Currency Affairs (IACA).[2] He is a recipient of the Distinguished service award by Rotary International.[13] Nwodo is the president of the Nsukka Professionals Association.[14][15]

Early life and education

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Nwodo was born on October 9, 1962, at Nsukka in Enugu State.[2] He hails from Ukehe in Igbo-Etiti Local Government Area of Enugu State.[2] He began primary education at Saint Peter's Primary School, Ukehe, in 1970; after the Civil War. When his father gained employment into the Nigerian Civil Service, his family moved to Nsukka, where Nwodo continued his primary education at Central School, Nsukka, graduating in 1974.[6] He attended the College of Immaculate Conception, Enugu, from 1974 to 1979.[6] In 1980, he gained admission into the University of Nigeria, Nsukka, where he studied civil engineering. As an undergraduate, he served as the president of the students union government of the university (1983/84 session), with Olu Oguibe serving as his secretary general.[16][17] He graduated in 1985.[2] In 1988, he earned his Master of Business Administration (Investment Management) from the University of Lagos.[13] He is also an alumnus of the Harvard business school,[2][12] and the University of Geneva, Switzerland (where he earned Masters in Development Policies and Practices).[18][13]

Career

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After obtaining his MBA, Nwodo trained as a stock broker and became a dealing clerk of the Nigerian Stock Exchange. He worked as a stockbroker at M&M Securities Company, which Ws  dealing member of the Nigerian Stock Exchange.[2] In 1997, Mr. Tony Elumelu invited him to join his team at Crystal Bank of Africa as the pioneer Chief Investment Officer.[19] The bank evolved into Standard Trust Bank and finally to United Bank for Africa (UBA). In 2003, he served as the executive director, Corporate Services for the United Bank for Africa. He left August of that year to found XL Management Services Limited, later renamed XL Africa Group, which offers some of the none-core banking services he had superintended in his last post.[12][20] The XL Africa Group diversified into other sectors, aside the banking sector, notably the Integrated Cash Management Services (ICMS).[21][22] The ICMS was awarded the "best Cash in Transit Company in West Africa"[23][24]

Membership and fellowship

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Nwodo is the president of the Nsukka Professionals Association.[25][26][27] He is a Member, Chartered Institute of Stockbrokers; Fellow of the Chartered Institute of Stockbrokers (2020);[12] honorary fellow of Chartered Institute of Bankers of Nigeria (2004); and Association of Currency Affairs IACA.[2]

Awards

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He is a recipient of the Distinguished service award by Rotary International; the Nigerian Economic Summit Group appreciation award; the award of Excellence and Outstanding leadership in Entrepreneurship,[21] and the portfolio of Management by New York Institute of Finance;[2] and, Nigeria LNG Ltd Production division safety award.[2] He is also a recipient of the ‘Starlite Business Icon’ award,[28] and the award of Excellence and Outstanding leadership in Entrepreneurship.[29]

References

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  1. ^ Report, Agency (2021-12-20). "Charles Nwodo Unveiled As Fellow, Chartered Institute Of Stockbrokers – Independent Newspaper Nigeria". Retrieved 2024-10-07.
  2. ^ a b c d e f g h i j k III, Admin (2018-01-11). "What you need to succeed – XL Africa CEO, Charles Nwodo Jr". Blueprint Newspapers Limited. Retrieved 2024-10-07.
  3. ^ "How I superintended current UBA's logo – Charles Nwodo Jr". The Nation (Nigeria). October 16, 2019.
  4. ^ "Charles Nwodo Honoured – THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-10-07.
  5. ^ Ayetoto-Oladehinde, Temitayo (2019-03-20). "Charles Nwodo Jr: From banking to XL Africa Group". Businessday NG. Retrieved 2024-10-07.
  6. ^ a b c Nwafor (2018-12-16). "I see myself as a vessel of value creation – Charles Nwodo Jr". Vanguard (Nigeria). Retrieved 2024-10-07.
  7. ^ Cyril (2020-04-17). "What drives me as an entrepreneur – Charles Nwodo Jr". Daily Sun. Retrieved 2024-10-07.
  8. ^ "We want to build professional capacity in development sector - Nwodo Jr". Business Day (Nigeria). 2017-07-29. Retrieved 2024-10-07.
  9. ^ "Unemployment Crisis: Nwodo's Company Empowers Young Graduates With Employable Skills". Atlantic News Online. 2022-10-05. Retrieved 2024-10-07.
  10. ^ Amaefule, Everest (2020-08-22). "Despite cashless campaigns, cash is going nowhere – Nwodo Jr". The Punch. Retrieved 2024-10-07.
  11. ^ "'CBN's cashless policy, good move against security threats' - Daily Trust". Daily Trust. 2020-08-24. Retrieved 2024-10-07.
  12. ^ a b c d Nwafor (2020-11-17). "Charles Nwodo unveiled as a fellow of the Chartered Institute of Stockbrokers". Vanguard (Nigeria). Retrieved 2024-10-07.
  13. ^ a b c Nigeria, Guardian (2022-12-09). "The Guardian's Special Focus on 50 Value-Driven CEOs of Excellence That Powered Nigeria's Economic Growth in 2022: Part One". The Guardian (Nigeria). Retrieved 2024-10-07.
  14. ^ "Nwodo: How Govt Can Plan for Post-oil Economy – THISDAYLIVE". This Day. Retrieved 2024-10-07.
  15. ^ Bassey, Mary (September 5, 2022). "If Elected Gov, I'll Change The Face of Governance System in Enugu- Frank Nweke Jnr". Crime World.
  16. ^ "Behold Charles Nwodo Jr., the Executive Chairman and CEO Of XL Africa Group". Tectono Business Review. Retrieved 2024-10-07.
  17. ^ Unaegbu, Jeff (2016). Freedom in our bones: the history of the Students' Union Government, University of Nigeria, Nsukka (1960-2016) (Third ed.). Enugu: Timex Enterprises. p. 193. ISBN 978-978-35602-2-2.
  18. ^ mmsplus (2020-08-18). "How Banks Violates CBN Policy, Operate Unlicensed Infrastructure –Nwodo". MMS PLUS NG - Maritime, Aviation, Business, Oil and Gas News. Retrieved 2024-10-07.
  19. ^ "What Bothers Me About The Government's Policies – Charles Nwodo Jr. – Independent Newspaper Nigeria". 2019-07-22. Retrieved 2024-10-07.
  20. ^ "XL Africa Group | about". www.xlafricagroup.com. Retrieved 2024-10-07.
  21. ^ a b "Charles Nwodo Jnr Bags Another Award – Independent Newspaper Nigeria". 2021-12-20. Retrieved 2024-10-07.
  22. ^ Chukwunyem, Tony (2020-08-17). "Nwodo: Banks invest too much in cash mgt infrastructure - New Telegraph". newtelegraphng.com. Retrieved 2024-10-07.
  23. ^ "Tectono Congratulates Charles Nwodo and Integrated Cash Management Services Limited (ICMS)". Retrieved 2024-10-07.
  24. ^ "Nigeria: XL Unveils Cash-in-Transit Services". All Africa.
  25. ^ "Executives – Nsukka Professionals Association". Retrieved 2024-10-07.
  26. ^ "Governorship Election: Nsukka Professionals Raise Alarm Over Planned Violence In Enugu State". Atlantic News Online. 2023-03-14. Retrieved 2024-10-07.
  27. ^ Osemeke, Mike (2023-03-14). "Nsukka Professionals Association Call for Peaceful and Fair Guber Election in Enugu State". NEWSFLASH 247. Retrieved 2024-10-07.
  28. ^ Anagor-Ewuzie, Amaka (2021-09-27). "XL Africa Group boss wins 'Starlite Business Icon' award". Businessday NG. Retrieved 2024-10-07.
  29. ^ "Charles Nwodo Jnr bags another Award". Daily Sun. December 18, 2021.
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