In his new new role, he would support the bank’s mission of
stimulating African trade & industrialisation all centered around promoting
economic development on the continent.
Just before his appointment, Kale was the partner and chief
economist as well as head of research at KPMG West Africa.
A three-time winner of the prestigious BusinessDay Public
Service Awards, Kale held significant roles such as the Statistician-General of
the Federation and Chief Executive Officer of the Nigerian National Bureau of
Statistics.
Under his tenure, the GDP of Nigeria was recalculated, and
following that exercise, it emerged that Nigeria was Africa’s largest economy
by GDP. More importantly, periodic publication of economic data from inflation
to unemployment, taxes, revenues, and several surveys became a norm, regular
and well respected both nationally and globally.
The NBS, under his watch, earned accolades from both
Nigerian and foreign observers for his reforms in the data gathering process,
which was seen to bring confidence in the final outputs.
The introduction and use of technology also greatly improved
the agency’s efficiency, setting trends and standards which the present
leadership at NBS is thriving on.
Kale has also worked as an equity analyst at Goldman Sachs
and for several years, as a quantitative analyst at Merrill Lynch Financial
Services from where he became Group Head of Research and Investment Strategy at
Investment Banking and Trust Company Plc. (now Stanbic IBTC Bank plc).
He has held the position of Special Adviser to the Minister
of Finance and subsequently, Technical Adviser to the Minister of National
Planning before his appointment to Statistician General of the Federation and
Chief Executive Officer of the Nigerian National Bureau of Statistics (NBS) in
2011, becoming the first chief executive of the NBS to be reappointed for a
second term.
Kale has also served as the chairman of the National
Consultative Committee on Statistics (NCCS) and a member of the Nigerian
Economic Management Team (EMT) as well as the Central Bank of Nigeria’s
Monetary Policy Committee, National Steering Committee on 2nd Peer Review of
Nigeria, the Executive Committee of PARIS 21 of the OECD as well as various
Presidential Standing Committees.
He currently chairs the Nigeria Country Office of
Accountability Lab and a non- executive director on several other institutions
and is also currently a member of the Next Bretton woods think tank group which
is a convening forum for rising international economic policymakers,
researchers and financial market leaders covering over 20 countries.
He has written widely on fiscal and monetary policy,
governance, finance and economic development in Africa.
Yemi Kale holds a B.Sc. in Economics (First class honors)
from Addis Ababa University, Ethiopia. M.Sc. (with distinction) and Ph.D. in
Economics from the London School of Economics and Political Science.
Alumnus of the Harvard Kennedy School of Government
leadership in government programs. Fellow of the UK Royal Statistical Society,
Fellow of the Nigerian Statistical Association & Fellow of the Institute of
Chartered Administrators and Researchers of Nigeria, among others.
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