LCCI appoints new DG, as Muda Yusuf bows out


The premier Chamber of Commerce and a leading voice in the organised private sector in Nigeria, Lagos Chamber of Commerce and Industry, has announced the appointment of Dr. Chinyere Almona as its new Director-General effective July 1, 2021. 

The appointment followed the retirement of its predecessor, Dr Muda Yusuf who tenure had expired, having meritoriously served the Chamber for a total of 24 years with the last 13 years being in the capacity of DG.

The President of the Lagos Chamber of Commerce and Industry, Mrs Toki Mabogunje said, described Dr. Muda Yusuf, an astute Economist of repute, who “joined the services of the Chamber over two decades ago and rose to become the Director-General through hardwork and unrivalled dedication to duty.”

She added that “He is a respected public commentator on macroeconomic issues, regulatory environment, economic reforms, policy and institutional reforms, trade policy issues and investment climate matters. 

“He has led numerous policy reform and engagement sessions on the business environment, investment climate issues and the ease of doing business in Nigeria.”

Mabogunje stated further that, “Indeed, Dr. Muda Yusuf will surely be missed by staff, members of the Chamber, our partners, collaborators, the diplomatic community, and stakeholders in the media space for his sound economic and analytical prowess, which has contributed immensely to the effectiveness of public policy advocacy and the development of the Nigerian economy. 

“We believe that, though he has retired from the Lagos Chamber of Commerce and Industry, he is definitely not tired of contributing his quota to the prosperity of Nigeria, as the economic powerhouse of the African continent. 

“We shall continue to benefit from his expertise as he moves to the next stage of his endeavours.”

Speaking on the appointment of Dr Almona, Mabogunje described her appointment as an added value to the well-established profile of the Chamber. 

According to her, Almona holds a Doctorate Degree in Business Administration from Business School Netherlands and brings with her, about thirty years of diversified experience through her various work experience roles

In her previous position, she led the Africa Corporate Governance Program of the International Finance Corporation (IFC), which provided a wide range of corporate governance reforms across 13 African countries. 

Before joining the IFCshe was a Director at PricewaterhouseCoopers, leading the Corporate Governance, Risk, and Compliance (GRC) Practicewhich she established.  

Dr Almona has a specialist MBA in Corporate Social Responsibility from Nottingham University Business School, UK. 

She is a Certified Leadership Coach with the Certified Coaches Federation, Canada. She is also a Fellow of the Institute of Chartered Accountants of Nigeria, a Fellow of the Institute of Management Consultants, and an Honorary Fellow of the Institute of Directors (Ghana). 

She is a member of the editorial team at Emerald – Corporate Governance – The International Journal of Business in Society. Dr Almona is a published author, an international speaker and an accredited IFC trainer



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