Get To Know Prof. Uche Uwaleke: Profile & Biography

Professor Uche Uwaleke, a former Finance Commissioner in Imo State, shared his thoughts on the recent decision by the Monetary Policy Committee (MPC) to raise the Monetary Policy Rate (MPR) by 400 basis points to 22.75%.

In an interview with ARISE NEWS, Uwaleke called this move an “overkill” that could disrupt the economy. He believes that boosting the MPR and the Cash Reserve Requirement from 32.5% to 45% might harm the country’s GDP growth, especially considering the current economic state.

Uwaleke emphasized the importance of aligning monetary policy with fiscal policy to achieve goals like stable inflation, economic growth, and low unemployment. Additionally, he was recently appointed as a Special Adviser to the Chairman of the Senate Banking Committee.

Meet Uche Uwaleke: Introduction

Uche Uwaleke, a distinguished figure in the Nigerian financial landscape, has left an indelible mark through his expertise and contributions to academia and economic analysis.

This biography delves into his illustrious career, academic achievements, and personal life, shedding light on his remarkable journey.

Biography

Uche Uwaleke, born on April 30, 1964, in Imo State, Nigeria, is a revered economist, illustrator, and educator. His multifaceted talents extend across various domains, from academia to financial analysis, making him a pivotal figure in Nigerian modernism.

Early Life and Education Background

Raised in Imo State, Uche Uwaleke exhibited early signs of academic brilliance. He pursued his academic journey with zeal, earning a Bachelor’s degree in Accounting, followed by a Master’s degree in Economics, specializing in Finance.

His quest for knowledge led him to obtain a Ph.D. in Finance, solidifying his expertise in the financial realm.

Parents and Siblings:

While details about Uche Uwaleke’s parents and siblings remain undisclosed, his upbringing in Imo State undoubtedly played a significant role in shaping his values and aspirations.

Personal Life

Uche Uwaleke maintains a private personal life, with limited information available about his marital status and family. As of 2024, specifics regarding his spouse and children remain undisclosed.

Net Worth (as of 2024)

With a wealth of experience and accomplishments spanning decades, Uche Uwaleke’s net worth surpasses $300,000 USD, a testament to his financial acumen and professional achievements.

Profile

Prof. Uche Uwaleke is a seasoned academic in the field of Accounting & Finance, holding the position of Associate Professor at Nasarawa State University Keffi. In addition to teaching, he leads the Banking & Finance Department and oversees Quality Assurance at the university.

With a wealth of experience spanning over 20 years, Prof. Uwaleke earned his Bachelor’s degree in Accounting, followed by a Master’s in Economics, specializing in Finance, and ultimately a PhD in Finance.

He is also a distinguished member of professional bodies such as the Institute of Chartered Accountants of Nigeria and the Nigerian Economic Society.

Before his current role, Prof. Uwaleke served as an Investment Banker at Lombard Assets Management Limited, where he held key positions including Head of Research and Private Banking.

His academic contributions extend beyond teaching, with authored books and numerous articles in academic journals covering topics in Accounting, Finance, and Business Economics.

At Nile University of Nigeria, Prof. Uwaleke’s research interests revolve around areas such as Forensic Accounting Expert Consultation for Employee Fraud Detection in Nigeria.

Additionally, he plays crucial roles as a chief examiner for the Institute of Chartered Accountants of Nigeria examination, an external examiner at the University of Jos, and a member of accreditation teams for accounting and finance programs in Nigerian universities.

Career

Uche Uwaleke has had an impressive career in the financial sector, showcasing excellence and innovation throughout.

He’s held significant roles such as Head of Banking and Finance Department at Nasarawa State University and Chief Economist/Director of Research at the Securities and Exchange Commission, Nigeria.

Here’s a glimpse into his noteworthy achievements and appointments:

In August 2023, Uwaleke became the Special Adviser to the Chairman of the Senate Committee on Capital Market and Institutions, underscoring his expertise and influence.
At the GOCOP confab’23, he provided valuable insights, predicting a potential recovery for the Naira and emphasizing strategies to stabilize the currency by revitalizing refineries.
Uwaleke has advocated for the part privatization of refineries through the capital market, promoted joint ventures among states, and supported initiatives like One-State-One-Product (OSOP).
He currently leads the Banking and Finance Department at Nasarawa State University, demonstrating his expertise both academically and in advisory roles.
In February 2024, Uwaleke participated in an interview on the Monetary Policy Committee, showcasing his ongoing involvement in financial discussions.
His active participation in conferences like the GOCOP annual conference reflects his dedication to addressing economic challenges and providing strategic guidance for Nigeria’s socio-economic recovery.
Uwaleke’s expertise and recommendations have gained attention, contributing significantly to discussions on economic stability and growth.

Honors and Recognitions

Throughout his career, Uche Uwaleke has garnered numerous accolades and recognitions for his outstanding contributions to academia and economic analysis.

As a prolific author and respected scholar, his works have left an indelible impact on Nigeria’s financial landscape.