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Celebrating Dr Chii Akporji:The Amazon Of Housing Finance

Years of existence never justifies a person’s worth, rather positive influence and selfless works are evidently traits of one’s greatness. All of these great attributes can be accorded to Dr. Chika P. Akporji, fondly called Dr Chii, the immediate past Executive Director of Policy, Strategy & Partnerships at Nigeria Mortgage Refinance Company Plc. (NMRC).

She is an accomplished development finance professional with a strong track record of managing complex national programmes to significant development impact. She coordinated the operationalization of the Nigeria Mortgage Refinance Company (NMRC), set up to grow the primary and secondary mortgage markets in Nigeria and unlock the multiplier effects of increased home ownership on the Nigerian economy.

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Prior to her position at the NMRC she had served as Senior Advisor to the former Nigerian Minister of Finance and Coordinating Minister of the Economy and former World Bank Group Managing Director, Dr. Ngozi Okonjo-Iweala. Before her return to Nigeria Dr. Akporji had had a successful 13-year career at the World Bank headquarters in Washington DC, where she worked on city development strategies (CDS) and slum upgrading (SU) programmes of several cities under the Cities Alliance programme; with several publications to her credit.

During her time at (NMRC), the achievement of the management team which she was a part of recorded milestones which now underpin the operations of the Nigerian housing sector:

few examples include developing the Uniform Underwriting Standards for the Formal, Informal, Non-Interest and Diaspora sectors of the economy; the drafting and adoption of the Model Mortgage and Foreclosure Law by key states within the federation, the development and deployment of the HMS and the HMIP, transaction driven partnerships with major organisations, like the World bank, IFC, MBAN, REDAN, NBS, major developers like Urban Shelter, Brains and Hammers, EchoStone, Blue Water, several of which are already yielding early transactional fruits for the core business of mortgage refinancing, and are poised to yield even bigger fruits for the company in the short to medium term.

Dr. Chii, holds a first degree in English and Modern Arabic Studies from University College, Dublin, Ireland and a doctorate in Comparative Literature from the University of Nigeria, Nsukka, Nigeria. She has also attended several professional training courses and has received certifications from institutions such as the World Bank Institute, Harvard University and the School of Oriental and African Studies, London.

 

Source: Affa Dickson Acho

 

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