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Ndidi Okonkwo Nwuneli

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Ndidi Okonkwo Nwuneli
Ndidi Okonkwo Nwuneli
Born (1975-03-22) March 22, 1975 (age 49)
Enugu, Nigeria
NationalityNigerian, American
OccupationSocial Entrepreneur
Years active21
Known forLEAP Africa, Sahel Capital & Partners, AACE Food Processing & Distribution Ltd.

Ndidi Okonkwo Nwuneli, MFR (born on March 22, 1975) is a Nigerian social entrepreneur. She has 21 years of experience in International Development and Business Management working with multinational firms, the public sector, and international organizations. In 2002, she founded LEAP Africa,[1] a nonprofit organization that focuses on encouraging leadership and development initiatives for youth and business owners in Nigeria.

She is the co-founder of AACE Food Processing & Distribution Ltd. (AACE Foods),[2] an indigenous agro-processing company in Lagos, Nigeria and one of the directors of an agribusiness advisory and private equity firm in Nigeria, Sahel Capital Partners & Advisory Limited. Nwuneli holds a Master of Business Administration from the Harvard Graduate School of Business. She received her undergraduate degree with honors in Multinational and Strategic Management from The Wharton School of the University of Pennsylvania.[3]

Early life

Ndidi Okonkwo was born on March 22, 1975 at the University of Nigeria Teaching Hospital in Enugu, Nigeria to a Nigerian professor of Pharmacology—Paul Obuekwe Okonkwo[4] and an American professor of History—Rina Okonkwo.[5]

Her father, who is from Awka, Anambra and her mother who is originally from New York, met at Cornell University in 1965.[6] Her parents were educators by profession. They taught and mentored students with the goal of improving the Nigerian Education System. In an interview with the National Mirror Nwuneli explains, “I was born the third of five children. My parents[....]exposed my siblings and I to the concept of patriotism and service from very young ages....during the dark years of the late General Sani Abacha years, when many professors fled outside the country, my parents stuck it out, going for many months without salaries. Even with these challenges, holidays in our home were devoted to giving to others; trips to orphanages and other charity organizations formed a critical part of our socialization".[7]

She grew up in Enugu, where she attended primary school at University Primary School. She attended secondary school at the Federal Government College Enugu from 1986-1991. From 1991-1992, she completed a bridging program, combining her final year of high school and freshmen year of college at the Clarkson School in Potsdam, New York.

Education

Nwuneli attended The Wharton School, University of Pennsylvania in 1992, where she concentrated in strategic management and multinational management. She is a recipient of the Albert A. Berg Scholarship and was also selected to become a member of the Friars and the Onyx Senior Societies for her outstanding leadership efforts. In addition, she was the president of the Penn African Students Association, and a member of several societies including the Penn Gospel Choir and the Black Students Union. She was also an intern at Mitchell & Titus and Arthur Andersen. In May 1995, at 20 years old, Nwuneli graduated magna cum laude with a Bachelor of Science in Economics.

By 1997, she was enrolled at Harvard Business School (HBS). While there, she received both the Harvey Fellowship[8] and the National Black MBA Association Graduate Scholarship, both recognizing her academic accomplishments. Her extracurricular activities at Harvard include founding and Co-chairing the Annual African Business Conference;[9][10] Vice President of Faculty and Student Affairs for the Africa Business Club;[11] International Liaison for the African American Student Union;[12] and Publicity Chair for the Christian Association. She graduated with her MBA at 24 in 1999.[13]

Career

Nwuneli's career began in her junior year at The University of Pennsylvania when she held a Summer Business Analyst position with McKinsey & Company in New York. In 1995, she was offered a full-time position at McKinsey as a Business Analyst working out of Chicago, Illinois. She also worked for McKinsey in their office in Johannesburg, South Africa.[14] Her work with McKinsey in 1997 led to the management and training of police officers across 25 South African Police Service Stations, as well as an increase in criminal convictions and a reduction in crime rates.[15]

In 1998, she accepted a position as the Lead Consultant with a non-profit founded by Professor Michael Porter called The Center for Middle East Competitive Strategy. She consulted with Palestinian and Israeli businesses and made recommendations for decreasing transaction costs and increasing trade across the region.

Work in Nigeria

In 1999, Nwuneli worked as the Lead Consultant for The Ford Foundation on a project focusing on Nigeria's largest microcredit institutions, COWAN and FADU.[16] That year, she rejoined McKinsey and served on client service teams, consulting for consumer goods companies and large American retailers. In 2000, she resigned from her position at McKinsey and returned to Nigeria to serve as the Executive Director for the FATE Foundation (founded by Nigerian Businessman, Fola Adeola). [17] In an interview with HBS African America Alumni Association about engaging female entrepreneurs, she explains: "Nigeria has some of the most entrepreneurial people in the world but access to financing, networks, and growth remain a challenge[...]I believe empowering women to start and grow their businesses is critical to Nigeria's development, but educating women is the real silver bullet."[18]

In 2002, Nwuneli founded two nonprofits, LEAP (Leadership, Effectiveness, Accountability, Professionalism) Africa and Ndu Ike Akunuba (NIA), Igbo words which translate in English to Life, Strength, and Wealth.[19] NIA's focus is on female empowerment—inspiring university students in Southeastern Nigeria to live full and meaningful lives.[20] The purpose of LEAP is to inspire, empower and equip business owners, youth, teachers and social entrepreneurs with the skills and tools for personal and organizational transformation. LEAP provides training on leadership, ethics and civics. In discussing LEAP's impact on her community to Good News Nigeria, Nwuneli explains, "The most fulfilling part of my work is seeing changes take place in the attitudes, character, behaviour and actions of our participants. Sometimes this transformation is quick, but more often it is slow, but enduring".[21] As the founder of the organization, she has been invited to speak at the UN Commission for Social Development, the World Economic Forum and the Clinton Global Initiative.

LEAP has worked in partnership with the Ford Foundation, Citi Foundation,[22] World Bank, United States Government, UK Foreign & Commonwealth Office, ALI (Aspen Institute's Africa Leadership Initiative),[23] Nokia, and the International Youth Foundation.[24] Nwuneli served as LEAP Africa's Founder and Chief Executive Officer from 2002-2007 and is still an active Board Member in the organization.[25]

Entrepreneurial Pursuits

In 2010, Nwuneli and her husband Mezuo Nwuneli, Co-Founded Sahel Capital and AACE Foods. Sahel Capital is a consulting and advisory firm specializing in the agriculture and manufacturing industries. Sahel was selected as the fund manager for Fund for Agricultural Finance in Nigeria (FAFIN), a $100m Fund focused on SME's. The firm completed its first close of $33 million in 2014.[26] Sahel has also provided advisory and consulting services to clients in Nigeria, Senegal, Ghana, and Liberia.[27] It has also supported international agencies such as the Bill & Melinda Gates Foundation,[28] USAID/ Africa LEAD, ECOWAS, DFID, Oxfam International, TechnoServe/ Humanity United, Alliance for a Green Revolution in Africa, IFDC,[29] and the Ford Foundation.[30] AACE Foods' is focused on processing spices, complementary food and spreads sourced from smallholder farmers across Nigeria.[31] AACE’s work in promoting nutrition, supporting smallholder farmers and displacing imports have been recognized by the Africa Diaspora Marketplace,[32] IAP[33] and AECF.[34] Both firms have served as catalysts in the Nigerian and West African agribusiness landscape.

Governance & Boards

Nwuneli is on the Board of LEAP Africa, AACE Foods, Fairfax Africa Fund, Sahel Capital, Godrej Group,[35] DSM Sustainability Advisory Board,[36] Nestle Nigeria Plc,[37] and Nigerian Breweries Plc. Previously, she participated in the World Economic Forum as a committee member on the Global Agenda Council on New Models of Leadership from 2011-2014.[38]

Awards & Recognition

  • Honoree of the Global Fund for Women during their 25th Anniversary Celebration in San Francisco - 2013[39]
  • Winner of the Harvard Business School Nigeria Business Club 2013 Leading Social Entrepreneur Award[40]
  • Forbes: 20 Youngest Power Women In Africa, 2011[41]
  • Excellence Award from Anambra State, 2011[42]
  • Selected for Harvard Business School’s Africa Business Club’s Excellence Award, 2007[43]
  • Selected as Young Manager of the Year by THISDAY Newspapers (Nigeria’s leading newspaper), 2005[44]
  • Received a National Honor – Member of the Federal Republic – from the President of the Federal Republic of Nigeria on December 16, 2004[45]
  • Selected as a Young Global Leader by the World Economic Forum, Davos; 2004[46]
  • Selected as a Global Leader of Tomorrow by the World Economic Forum, Davos, Switzerland; 2002[47]

Author/Research

  • Senior Fellow at the MRC-BG at the Harvard Kennedy School, currently working on a book on "scaling social innovation in Africa"[48]
  • Author, Working for God in the Marketplace, 2005[49]

Publications

  • Author, Social Innovation in Africa; 2016 [50]
  • Editor, Passing the Baton, LEAP Africa; 2011[51]
  • Lead Author, Building a Culture of Ethics: A Practical Guide for African Leaders in the Public, Private and Nonprofits Sectors, LEAP Africa; 2009[52]
  • Editor, Rage for Change: A Practical Guide for African youth who Desire to Make a Difference, LEAP Africa; 2008[53]
  • Editor/Co-Author, Get on Board: A Practical Guide to Establishing & Sustaining High-Impact Boards of Directors, Farafina; 2007[54]
  • Lead Author, Defying the Odds: Case Studies of Nigerian Companies that have Survived Generations, LEAP Africa, 2006[55]
  • Articles on leadership, management and ethics: Under the Tree of Talking (Funded by the British Council), Journal of Convergence, Farafina, Business Day, the Guardian and Business in Africa Magazine; 2003-2007

References

  1. ^ Pitts, Beth. "Ndidi Nwuneli, Nigerian Serial Entrepreneur & Global Leader of Tomorrow". Retrieved 25 February 2015.
  2. ^ "Our Board, AACE Foods". Retrieved 24 February 2015.
  3. ^ "Ndidi O. Nwuneli". Retrieved 26 February 2015.
  4. ^ "Prof. Okonkwo, Paul Obiekwe". Retrieved 25 February 2015.
  5. ^ Moffitt, Nancy. "Wharton Women Mean Business". Retrieved 25 February 2015.
  6. ^ "A Serial Entrepreneur". Retrieved 26 February 2015.
  7. ^ "A Serial Entrepreneur". Retrieved 26 February 2015.
  8. ^ "List of Fellows". Retrieved 26 February 2015.
  9. ^ "Biography of Ndidi Nwuneli". Retrieved 26 February 2015.
  10. ^ "Africa Business Conference". Retrieved 26 February 2015.
  11. ^ "Africa Business Club". Retrieved 26 February 2015.
  12. ^ "African American Student Union". Retrieved 26 February 2015.
  13. ^ "NB Appoints Ndidi Nwuneli as Director". Retrieved 26 February 2015.
  14. ^ Daley, Zuzanne (March 25, 1997). "Apartheid's Feared Police Prove Inept and Corrupt". Arthur Ochs Sulzberger, Jr. New York Times. Retrieved 27 February 2015.
  15. ^ "Q&A With Ndidi". Retrieved 26 February 2015.
  16. ^ "A Look at The Agricultural Giant of West Africa" (PDF). Retrieved 26 February 2015.
  17. ^ "FATE Foundation Partners NOTAP On Innovation Promotion". Retrieved 27 February 2015.
  18. ^ Nwuneli, Ndidi. "What impact did HBS have on your life and the life of others?". Retrieved 27 February 2015.
  19. ^ Soyombo, Fisayo. "Forty-Forty: A Compendium Of Young African Legends". Retrieved 4 March 2015.
  20. ^ "Ndidi Nwuneli". Retrieved 27 February 2015.
  21. ^ Bakare, Esther. "Ndidi Nwuneli: Nigeria's pride in entrepreneurship development". Retrieved 27 February 2015.
  22. ^ Dahunsi, Lanre. "2015 LEAP Africa/Citi Foundation Employability Programme for Nigerians". Retrieved 27 February 2015.
  23. ^ Colgrove, Caitlin. "Africa Leadership Initiative". Retrieved 27 February 2015.
  24. ^ "Youth Empowerment Program Evaluation Report: Nigeria – LEAP Africa". Retrieved 27 February 2015.
  25. ^ "Partners and Donors". Retrieved 27 February 2015.
  26. ^ Atuanya, Patrick; Alawode, Oluyinka. "Agribusiness receives boost as Sahel Capital raises $33m for investments". Retrieved 28 February 2015.
  27. ^ "Rage for Change – Ndidi Nwuneli at TEDxEuston [Video]". Retrieved 27 February 2015.
  28. ^ "Sahel-Creating Value, Building Business, Transforming Communities" (PDF). Retrieved 27 February 2015.
  29. ^ "Agribusiness Africa: The 2Scale Project Newsletter". Retrieved 28 February 2015.
  30. ^ "Ndidi Nwuneli, Nigerian Serial Entrepreneur & Global Leader of Tomorrow". Retrieved 27 February 2015.
  31. ^ "AACE agroprocessing locally sourced foods, Nigeria". Retrieved 28 February 2015.
  32. ^ "ADM 2010 Awardees". Retrieved 4 March 2015.
  33. ^ "Inclusive business Projects Supported by Innovations Against Poverty (IAP)" (PDF). Retrieved 4 March 2015.
  34. ^ "AECF's Current Portfolio of Projects" (PDF). Retrieved 4 March 2015.
  35. ^ "GCPL appoints Ndidi Nwuneli as Additional Director". The Financial Express. 2017-01-30. Retrieved 2017-02-04.
  36. ^ "DSM welcomes new Sustainability Advisory Board member Ndidi Okonkwo Nwuneli". Retrieved 2017-02-04.
  37. ^ "Nestle Nigeria Plc (NESTLE:Nigerian Stock Exchange)". Retrieved 28 February 2015.
  38. ^ "About Ndidi Nwuneli". Retrieved 2 March 2015.
  39. ^ "Ndidi Nwuneli". Retrieved 28 February 2015.
  40. ^ "Africa Business Club at Harvard Spotlights Inclusion, Innovation". Retrieved 28 February 2015.
  41. ^ "The 20 Youngest Power Women In Africa". Retrieved 28 February 2015.
  42. ^ Soetan, Folake. "21st Century Leadership: Ndidi Nwuneli, Founder, LEAP Africa, AACE Foods". Retrieved 28 February 2015.
  43. ^ "Alumni Relations". Retrieved 28 February 2015.
  44. ^ "Women You Should Know: Ndidi Okonkwo Nwuneli". Retrieved 28 February 2015.
  45. ^ Eneanya, Jennifer. "Ndidi Nwuneli; Shaping Visionary, Ethical & Creative Servant-Leaders". Retrieved 28 February 2015.
  46. ^ "Research Assistant to Ndidi Nwuneli: Social Innovation & Entrepreneurship in Africa: Catalysts for SustainableTransformation" (PDF). Retrieved 28 February 2015.
  47. ^ "Ndidi Okonkwo Nwuneli (MFR)". Retrieved 28 February 2015.
  48. ^ "Social Innovation and Entrepreneurship in Africa: Catalysts for Sustainable Transformation". Retrieved 2 March 2015.
  49. ^ Okonkwo Nwuneli, Ndidi. Working for God in the Marketplace. Retrieved 28 February 2015.
  50. ^ "Social Innovation In Africa: A practical guide for scaling impact (Paperback) - Routledge". Routledge.com. Retrieved 2017-02-04.
  51. ^ "Passing The Baton". Retrieved 28 February 2015.
  52. ^ "Building a Culture of Ethics". Retrieved 28 February 2015.
  53. ^ "Rage for Change". Retrieved 28 February 2015.
  54. ^ "Get on Board". Retrieved 28 February 2015.
  55. ^ "Defying the Odds". Retrieved 28 February 2015.
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