Tony Okafor, Awka

The Governor of Anambra State, Prof  Chukwuma  Soludo, has appointed Nwabunwanne Okonkwo as the pioneer Chief Executive Officer of the newly established Anambra State Development and Investment Corporation (ADIC).

The appointment was announced in a statement issued on Monday by the Chief Press Secretary to the Governor, Christian Aburime.

According to the statement, Nwabunwanne will lead the corporation in executing its core mandate of attracting, financing, and overseeing major business and infrastructure projects, as well as driving private sector investment into Anambra State.

Nwabunwanne, a finance lawyer with over 16 years of experience in the financial services sector, is expected to bring his extensive expertise to bear in shaping the operations of the corporation.

Prior to his appointment, Nwabunwanne served as the Managing Director of DLM Advisory, the investment banking arm of DLM Capital Group.

In that role, he was instrumental in mobilising over $1 billion for governments and corporate organisations across various industries in Africa.

Nwabunwanne, 39, holds a Master’s degree in Corporate Finance from Wayne State University.

The establishment of ADIC is part of the Soludo administration’s broader strategy to strengthen institutional frameworks for investment promotion and accelerate economic growth in the state.