A FORMER deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has been appointed as the president of the African School of Governance (ASG).

Moghalu, a professor and political economist, was appointed to the inaugural position by African leaders.

He expressed his acceptance of the appointment on his LinkedIn page on Monday, October 21.

He said, “Honored to accept an invitation from African President Paul Kagame of Rwanda, former Ethiopian Prime Minister, Desalegn, and others, to serve as President (Vice-Chancellor) of the newly established African School of Governance (ASG), located in Kigali, Rwanda.”

According to Moghalu, establishing ASG is a powerful expression of a clear vision on the part of the founding leaders.

“I share this vision of a transformed Africa driven by competent leadership and governance, and I am honoured to have been tasked with leading ASG’s critical contribution to making that vision a reality,” he said.

The ASG is a new independent, pan-African professional graduate-school university of public policy and governance headquartered in Kigali, Rwanda.

It is aimed to address the continent’s pressing governance challenges by offering world-class education in public policy and governance, equipping emerging leaders with the mindsets, skills and knowledge required for effective leadership of Africa’s future.

The initiative was founded by Paul Kagame, President of Rwanda; and Hailemariam Desalegn, former Prime Minister of Ethiopia (both co-founders of the ASG Foundation) in consultation with other African leaders, academicians and philanthropists dedicated to improving governance across the continent.

Moghalu’s appointment took effect on October 1, 2024, after a global competitive search, as the inaugural president to steer the institution towards its ambitious goals.

“We are excited to welcome Kingsley Moghalu as President of the African School of Governance. His sterling track record of leadership in international and national policymaking institutions, and academia, and his thought leadership influence, will help make ASG a transformative graduate school and develop a new generation of purpose-driven leaders with the skills and mindsets to help Africa address the challenges of the 21st,” said the managing director of International Finance Corporation and chairman of ASG’s board, Makhtar Diop.

The former CBN deputy governor forayed into Nigerian politics when he campaigned for the 2019 presidential race.