NCDF INVEST
Board & Executive Leadership

Mr. Hareter Babatunde Oralusi

Executive Chairman & Chief Executive Officer

Mr. Hareter B. Oralusi is the Executive Chairman and Chief Executive Officer of NCDF Investment Management Plc, Nigeria’s foremost blended finance institution. He is a transformational business leader and institutional entrepreneur with over 30 years of experience spanning the United States, United Kingdom, Ireland, and Africa, where he has successfully built high-impact enterprises and structured multi-sector investment platforms targeting socio-economic transformation.

At NCDF Invest, Mr. Oralusi provides long-term strategic leadership, overseeing capital mobilisation, fund structuring, and cross-sector investment deployment across housing, healthcare, infrastructure, climate finance, and technology. He has pioneered capital frameworks that bridge public, private, and diaspora capital, creating access pathways for inclusive national development. His core mission is to align sustainable investment vehicles with Nigeria’s development priorities and unlock long-term value for institutional and retail investors.

Mr. Oralusi also leads NCDF’s stakeholder engagement with federal ministries, state governments, development finance institutions, and the Nigerian Diaspora Commission, helping to institutionalize capital mobilisation channels for transformative public-private partnerships (PPPs).

Mr. Tajudeen Kareem

Managing Director

Mr. Tajudeen Kareem is the Managing Director of NCDF Investment Management Plc, with executive responsibility for regulatory fund governance, strategic fund deployment, and investor stewardship. With more than 35 years of cross-sector experience in public policy, development finance, intergovernmental relations, and strategic media, Mr. Kareem leads NCDF’s capital management strategy across its licensed investment vehicles.

As a champion of institutional partnerships and PPP models, he has played a pivotal role in securing government co-investments and aligning NCDF’s operations with national economic objectives. 

Earlier in his career, he served as an advisor to federal ministries on economic reform, media strategy, and infrastructure development, contributing to the rollout of Nigeria’s GSM liberalisation, healthcare transformation, and COVID-19 emergency response frameworks. His leadership reflects a strong commitment to institutional transparency, performance-driven governance, and sustainable investment delivery.

Ms. Otega Owumi

Executive Director, Finance & Administration

Ms. Otega Owumi is the Executive Director of Finance & Administration at NCDF Investment Management Plc. She brings over 20 years of global experience in financial services, corporate finance, operations, and institutional transformation, having held strategic roles at MetLife Europe, American Express (UK), Oceanic Bank, and UBA Plc.

At NCDF Invest, Ms. Owumi oversees all aspects of financial planning, capital budgeting, risk controls, audit coordination, and institutional reporting. She ensures regulatory and fiduciary compliance across all financial statements, fund disbursements, and investment performance monitoring, while also managing the firm’s internal control architecture, HR administration, and operational policies.

Ms. Owumi holds an MBA from Cranfield University (UK) and certifications in Prince2 Project Management, Six Sigma, and strategic operations. Her cross-border experience in both commercial banking and international finance positions her as a key driver of institutional discipline, efficiency, and sustainability at NCDF Invest.

Mrs. Uta Nkposong

Non-Executive Director

Mrs. Uta Nkposong serves as a Non-Executive Director of NCDF Investment Management Plc, bringing independent oversight and deep financial expertise to the Board. She is a chartered accountant and senior finance executive with extensive experience in commercial banking, public sector finance, and private equity management.

Her prior roles include Regional Business Head at Equatorial Trust Bank and Director of Investment & Private Equity at the Nigerian Agricultural and Cooperative Bank Ltd. At NCDF Invest, Mrs. Nkposong provides fiduciary assurance, audit oversight, and risk evaluation guidance across all fund operations. Her strategic input enhances board-level decision-making and ensures alignment with SEC Nigeria’s requirements for independent governance, investor protection, and institutional accountability.

Mr. Cliff Southcombe

Non-Executive Director

Mr. Cliff Southcombe is a globally recognised social enterprise expert and Non-Executive Director at NCDF Investment Management Plc. With a distinguished career in social finance and community enterprise across the UK and Europe, he co-founded Community Routes (CLG), the UK’s first fully community-owned investment company.

Mr. Southcombe offers strategic counsel on NCDF’s inclusive finance models, social return on investment (SROI), and stakeholder value frameworks. He supports the company’s efforts in embedding social metrics within fund design, ensuring that investments not only deliver financial returns but also drive measurable community development. His advisory role strengthens NCDF’s ESG governance, social capital strategy, and compliance with Nigeria’s sustainability investment directives.

Bar. Ekaette Eteowo Samuel, LL.B (Hons); B.L

Chief Compliance Officer (CCO)

Bar. Ekaette Eteowo Samuel is the Chief Compliance Officer of NCDF Investment Management Plc, responsible for enterprise-wide legal compliance, regulatory governance, and institutional risk management. With over a decade of legal and regulatory experience across capital markets, health finance, and nonprofit sectors, she leads NCDF’s compliance architecture in accordance with the Securities and Exchange Commission (SEC), Central Bank of Nigeria (CBN), and Corporate Affairs Commission (CAC) frameworks.

A qualified Barrister and Solicitor of the Supreme Court of Nigeria, Ekaette holds an LL.B from the University of Benin, a B.L from the Nigerian Law School, and a Postgraduate Diploma in Public Administration. She is certified in corporate compliance, AML/KYC, occupational risk, and governance.

At NCDF Invest, she designs and implements compliance policies, supports fund licensing and reporting, leads internal audits, and ensures continuous alignment with statutory requirements across all fund operations. She also supervises regulatory filings, prospectus development, and investor due diligence documentation, playing a critical role in safeguarding NCDF’s institutional integrity and market reputation.