Governor Radda Hails Farouk Gumel’s Appointment as Botswana Sovereign Wealth Fund Chairman

Katsina State Governor, and the Chairman Northwest Governors’ Forum, Malam Dikko Umaru Radda, has expressed immense pride and congratulations following the appointment of Farouk Gumel as the inaugural Chairman Board of Directors of the new Botswana Sovereign Wealth Fund Limited (BSWF).

The appointment which recognizes Gumel’s exceptional expertise in sovereign wealth management and capital markets, was announced by the President of Botswana, His Excellency Advocate Duma Gideon Boko.

“This appointment exemplifies the international recognition of Nigerian expertise and specifically validates the caliber of professionals Northwest has contributed to national and global development,” the Governor stated.

Governor Radda expressed confidence that Gumel’s proven track record at the NSIA, combined with his deep understanding of capital markets and manufacturing, will be instrumental in establishing the Botswana Sovereign Wealth Fund as a model institution in Africa.

The Governor, on behalf of the Northwest Governors Forum, wished Gumel success in his new international role while charging him to continue serving as a distinguished ambassador of Jigawa State and Nigeria in the global arena.

Ibrahim Kaula Mohammed
Chief Press Secretary to the Governor of Katsina State

15th September, 2025

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