Ex-NBS boss Kale appointed chief economist at KPMG Nigeria

A former statistician-general of the National Bureau of Statistics(NBS), Yemi Kale, has been named a partner and chief economist at the KPMG Nigeria.

KPMG Nigeria, in a statement on Thursday, said, “Kale will lead the firm’s view on macroeconomics and enhance the breadth of our solutions involving economic modelling & macroeconomic analysis, in private and public sector clients.

“He has deep experience, gained from both the private and public sector, in macroeconomic analysis, financial, economic, and investment research, and fiscal and macroeconomic policy advisory. From 2011 to 2021, he served as the statistician general of the federation and chief executive officer of the National Bureau of Statistics (NBS).”

Kale graduated with a first-class degree in economics from Addis Ababa University, Ethiopia, and a distinction in his master’s programme at the same university.

He later went for a PhD in economics at the London School of Economics and Political Science (LSE), expanding his horizon and excellence.

Born in 1975 by Aderonke Kale, a major-general and the first female two-star general in the Nigerian Army, the economist has played key roles in the private and public sectors both locally and internationally.

He was first noticed by Goldman Sachs, a global finance company, where he worked as an equity analyst.

Kale later worked for several years as a quantitative analyst at Merrill Lynch Financial Services. From there, he became the group head of research and investment strategy at Investment Banking and Trust Company Plc (now Stanbic IBTC Bank Plc).

He also served as a non-executive member on the boards of both Skye Financial Services Limited, and SFS Capital Nigeria Limited.

In 2011, Kale was appointed by Goodluck as statistician-general of the federation and chief executive officer (CEO) of the NBS.