Jim Obazee Biography
Jim Obazee is a former executive secretary of the Financial Reporting Council of Nigeria, and a special investigator appointed by President Bola Tinubu to probe the Central Bank of Nigeria and other government business entities. He is an accounting expert, a fellow of the Institute of Chartered Accountants of Nigeria, and a certified strategic financial analyst from Harvard University. He has conducted investigations on several banks and financial institutions in Nigeria, and has also been involved in the implementation of the controversial corporate governance code that affected religious leaders in 2017.
Early Life and Education
Jim Obazee was born on March 28, 1965, in Benin City, Edo State, Nigeria. He attended Agbado Model Primary School 1, Edokpolor Grammar School, and Ebomisi Secondary School in Benin City.
He holds a bachelor’s degree in accounting from the University of Benin, a master’s degree in accounting from the University of Lagos, and a certification in strategic financial analysis from Harvard University.
He is a fellow of the Institute of Chartered Accountants of Nigeria, and a member of the Nigeria Institute of Management and the American Accounting Association.
Career
Jim Obazee, previously the executive secretary of the Financial Reporting Council of Nigeria, served as a special investigator appointed by President Bola Tinubu to scrutinize the Central Bank of Nigeria and other governmental business entities.
Renowned as an accounting expert, he holds a fellowship at the Institute of Chartered Accountants of Nigeria and is a certified strategic financial analyst from Harvard University.
Obazee has conducted inquiries into various banks and financial institutions in Nigeria. Additionally, he played a significant role in implementing the contentious corporate governance code that impacted religious leaders in 2017.
Some additional information about his career are:
- He served as the chairman of the 29th Session of UNCTAD-ISAR and chairman of the committee of the roadmap to the adoption of International Financial Reporting Standards (IFRS) in Nigeria.
- He was on secondment to the Financial Accounting Standard Board, USA, and the Atlantic Schools of Business, Canada.
- He served in several technical committees, including those on accounting in the petroleum industry, upstream and downstream activities, accounting for insurance business, statement of cash flows, and accounting for leases.
- He is a member of the Nigeria Institute of Management and the American Accounting Association.
Personal Life, Wife and Children
Jim Obazee is married to Elizabeth Omotayo, who is also an accountant and a businesswoman. He has two sons: Bethlehem and Naioth. He is a devout Christian and a member of the Redeemed Christian Church of God.
Jim Obazee enjoys reading, travelling, and playing chess.
Net Worth
Jim Obazee’s net worth is estimated to be around $500,000 as of 2023.
