Ambode Appointed Vice President Of Commonwealth Investment Group


SAN FRANCISCO, May 09, (THEWILL) – Governor Akinwunmi Ambode of Lagos State has been appointed as the vice president of Commonwealth Enterprise and Investment Council (CWEIC), an interest group established to promote trade and investment by facilitating engagement between government and the private sector within the Commonwealth.

Oliver Everett, CEO of CWEIC, disclosed the appointment weekend during a meeting with a group of Nigerian businessmen at the Lagos House in Alausa, Ikeja.

According to Everett, Ambode would serve alongside Jeffrey Mountevans, the Lord Mayor of the city of London as co-vice president of the council for the next one year, subject to renewal for another year.

Everett, who is in Nigeria to talk with small business owners on investment opportunities within the Commonwealth nations, especially in Europe, said the appointment of Ambode was an indication that Nigeria and Lagos were open for serious investment.

The Commonwealth CWEIC was established in July 2014 with the support of the Commonwealth secretariat. It is a not for profit membership company with a mandate to facilitate increased trade and investment across the Commonwealth.

CWEIC is the apex organisation representing private sector businesses within the Commonwealth and is the only institution with a remit to promote intra-Commonwealth trade and investment.