Leadership

Emmanuel Okotete, Director.
Emmanuel Emuejevoke Okotete is currently the Managing Director & Chief Executive Officer of Magnificent Investment Company Nigeria Limited. The company has been involved in Financial Advisory Services, Business Consulting, Oil & Gas and Real Estate Development since 2007.
Prior to coming on board Magnificent Investment Company Nigeria Limited, Emmanuel was the Special Assistant (Strategy, Policy, Finance & Admin) to the Managing Director/CEO, Niger Delta Development Commission (NDDC) from November 2003 to December 2006. He functioned as Chief of Staff in the Office of the MD/CEO of NDDC.
From December 1996 to November 2003, Emmanuel was with the United Bank for Africa Plc where he was an Assistant General Manager with responsibility for developing the Oil & Gas business in the Energy Division of the Corporate Banking Sector. At UBA, his job summary was to manage all forms of financial relationships between existing customers and the Bank in ensuring that excellent services and tailored products are delivered whilst prospecting for new ones.
Hitherto, Emmanuel was with the National Corporate Division of the same Corporate Banking Sector from December 2, 1996, until July 2000 when he moved over to the Energy Division. Whilst in the National Corporate Division at UBA, he had responsibility for managing relationships in the following industries, namely: Packaging, Plastics, Household and Building Materials, Cement, Footwear etc.
Between April 1992 and November 1996, he was with Citizens International Bank, (now Spring Bank Plc) where was responsible for Corporate and Commercial Banking. During the period developed the Multinational, Manufacturing, and Trading Business segments of the bank’s business. In the year 1994 the Board of Directors appointed him a member of the Bank’s Credit Committee (BCC). In 1995 he also set up the bank’s Apapa Branch from the scratch and grew the branch from a zero-balance sheet to over N500 million in balance sheet size. The branch broke-even within five months of operations and became one of the most profitable branches in the banks in the year 1996.
Between August 1989 to March 1992, Emmanuel was with the Management Consulting Division of Arthur Andersen & Co. (now Accenture). While at Arthur Andersen & Co., he was involved in the Design, Development, and Implementation of an Account Receivable System for the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) under the Commercialisation and Reorganization Project between 1989 – 1990.
Some other projects he participated in, include the Strategic Planning, Organization Design, Credit Process Review and Profit Improvement Programs for several Commercial Banks. In addition, he was involved in the Design and Development of a Job Evaluation and Organization Design project for Nigerian-German Pharmaceutical Company Plc (then Nigeria Hoechst Plc). He conducted a market survey on the Nigerian Automobile industry for Automobile Peugeot, France and did a top-level Organization Design/Diagnostic Review for the West African Portland Cement Company Plc.
Emmanuel had a stint with Insight Communications Limited (an Advertising company) as a Client Service Executive from January to July 1989. He started his career as a School Teacher responsible for teaching Government, English Language, Literature in English, and Economics for various classes at the Baptist High School Eku, in Delta State from 1985 to 1988.
He holds a degree in Political Science & Public Administration from the University of Benin, Benin City, and an MBA from the same University. He has attended numerous courses/conferences in Nigeria and Overseas. He was the Best Graduating Student in his class at the University of Benin. He also won the Federal Government of Nigeria Merit Award for Academic Excellence. He is married with children.