Mr. Usman is the Founder/Chief Executive Officer of New Frontier Development Limited, an investment company focused on financial advisory, hospitality, real estate and proprietary investments in start-ups and challenged companies in the SME space. He is also the Founder/Chairman of the Board of Trustees of the Al-Qalam (Pen) Foundation, a Not-for-Profit Organisation that provides educational opportunities to disadvantaged children.
Prior to this, he was the Managing Director/Chief Executive Officer of Aso Savings and Loans Plc and an Executive Director at Abuja Investment and Property Development Company Limited. He was at various times the Deputy Director and Head of Petrochemicals and Gas Unit; Transport Sector Reform Team as well as the Deputy Director Telecoms Reform Team Lead and Head NITEL Privatisation at the Bureau of Public Enterprises. He also worked with Central Bank of Nigeria, Arthur Andersen and CitiBank Nigeria.
Mr. Usman sits on the Boards of New Frontier Development Limited, NFD Agro Ltd, New Frontier Smelting Limited, Ire Clay Products Limited, Blue Atlantic Hospitality Limited, Blue Atlantic Logistics, Allied Trust Asset Management, Northcapital Resources Limited, Blue Atlantic Ventures Partners, and Amazoncorp Nigeria Limited.
Mr. Usman holds a Bachelor of Arts Degree in Economics from University of Sussex and a Master of Philosophy in Development Economics from University of Cambridge. He is a Fellow of the Institute of Chartered Accountants of England and Wales. Mr. Usman is also an Eisenhower Fellow and Archbishop Desmond Tutu Fellow of the African Leadership Institute.
Over the years, he has served as a member of the Board of Directors of the Nigeria Sovereign Investment Authority, Nigeria Mortgage Refinance Company, and Council of the Nigeria Stock Exchange (now Nigerian Exchange Group).
Mr. Usman joined the Board in August 2020 and chairs the Board Audit Committee.
Professional Experience
| Academic and Professional Qualifications
| Appointment Date
| Board Committee Membership
|
|---|
August 2020- Date Independent Non-Executive Director, Access Bank Plc | 1999 Registered Investment Banking Representative, United States National Association of Securities Dealers (NASD) | August 2020 | Chairman Board Audit Committee |
Member Board Credit Committee |
January 2016-Date Founder/ Chief Executive Officer, New Frontier Development Limited | 1993 ACA, Associate of the Institute of Chartered Accountants in England and Wales; |
Vice-Chairman Board Governance, Nomination and Remuneration Committee |
Member Board Human Resources and Sustainability Committee |
January 2006-September 2015 Managing Director/Chief Executive Officer-Aso Savings and Loans Plc | 1988-1989 M.Phil, Development Economics, Upper Second Class Darwin College, University of Cambridge, England |
Member Board Risk Management Committee |
March 2004-February 2006 Executive Director Investments- Abuja Investment & Property Development Company Limited | 1985-1988 B.A. (Hons.) Economics, Upper Second Class, University of Sussex, Falmer, Brighton, England |
Sept 2003 – March 2004 Deputy Director & Head Petrochemicals and Gas Unit- Bureau Of Public Enterprises, Abuja |
March 2002 – Sept 2003 Deputy Director & Head Transport Sector Reform Team- Bureau Of Public Enterprises, Abuja |
October 2000 – March 2002 Deputy Director, Telecoms Reform Team Leader & Head Nitel Privatisation Team- Bureau Of Public Enterprises, Abuja |
1993-2000 - · Corporate Finance Group, Citibank Nigeria
- · Investment Banking Adviser/Transaction Manager under USAID/World Bank funded programme
| |
September 1990-December 1993 Financial Markets Division, Arthur Andersen S.C, London | |
August 1989-September 1990 Research Assistant, International Economic and Monetary Relations Department, Central Bank of Nigeria, Lagos |
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