Meet Wale Adeosun: CIO of Kuramo Capital, 2016 FACE List Award Honoree

With more than 20 years of experience in global capital investment and philanthropy as well as more than $150 million committed by Kuramo Africa Opportunity Funds (KAOF) in to 40 companies in 20 sub-Saharan African countries over the last five years, it is easy to honor investment aficionado Wale Adeosun, founder and chief investment officer of Kuramo Capital Management, with Face2Face Africa‘s Visionary Leadership Award.

“Wale,” as he is fondly called, received his MBA from John M. Olin School of Business, Washington University in Saint Louis, Miss., with a concentration in Finance as well as his bachelor’s degree in Economics and Business Administration from Coe College, Cedar Rapids, Iowa.

In 1995, he was awarded the prestigious Chartered Financial Analyst designation, and he is a member of the CFA Institute.

As the founder and CIO of Kuramo Capital Management, an investment management firm that provides targeted global investment services to institutional investors focused on growth markets with offices in New York City; Lagos, Nigeria; and Nairobi, Kenya, Wale’s firm Kuramo Africa Opportunity Funds (KAOF) provides access to the growth opportunities in sub-Saharan Africa with U.S. endowments, foundations, and pension plans.

“I believe in and am truly passionate about the potential of Africans to create enduring and global businesses. Indeed, my professional career has been devoted to this belief, both at Kuramo Capital and in the businesses in which we invest. Thank you to the Face2Face team for recognizing my efforts and for honoring me with the Corporate Leadership Award. ” — Wale Adeosun on being honored with the Face2Face Africa Award.

In November 2015, Wale was among the 16 private sector leaders appointed to U.S. President Barack Obama’s Advisory Council on Doing Business in Africa (PAC-DBIA), and until recently, Wale served as chair of the Investment Advisory Committee for the $180 billion New York State Common Retirement Fund and as member of the Sub-Saharan Africa Committee of the Board of the Export-Import Bank of the United States.

Wale was also a treasurer and CIO at Rensselaer Polytechnic Institute (RPI), where he managed $1 billion in endowment and pension assets. He led RPI’s increased investment in alternative investments globally and in growth markets, including Africa.

From 1999 to 2004, Wale was a managing director at the John D. and Catherine T. MacArthur Foundation in Chicago, where he was responsible for more than $2 billion in assets managing the hedge fund program and U.S. equities portfolio.

Wale has also worked as a member of the Treasury Group at Inland Steel Industries –now Arcelor Mittal USA in Chicago — managing $2 billion in pension assets.

Wale is a trustee of the board of Coe College and also serves as chairman of the Nigeria Higher Education Foundation created by the MacArthur Foundation in New York City. Wale was inducted into the New York Chapter of the National Association of Securities Professional’s Wall Street Hall of Fame in 2008.

Wale will be honored at the 2016 FACE List Awards Gala on Saturday, July 9, at ESPACE Ballroom in New York.

Buy Tickets Here.

See the Full List of the 2016 Honorees Here.

Adedeji Ademola

Adedeji Ademola is a Staff Contributor of Face2Face Africa. He holds a B.A (Hons) in History and Diplomatic Studies from the Olabisi Onabanjo University, Ago-Iwoye, Nigeria and an MBA degree with specialization in General Management and Entrepreneurship as well as a Master of Science degree in International Relations both from the Obafemi Awolowo University Ile-Ife, Nigeria. He was a recipient of the Guerrand Hermes Foundation for Peace Scholarship in 2006. He got the Best Student Leader award and also a merit award from the Faculty of Arts Students Association during his undergraduate days. Adedeji is a development strategist/activist and youth empowerment advocate. He is a Member, African Studies Association of the UK; Member, Royal African Society; Member, African Institute of Business Simulations, etc. His main research interests are in Politics, Society and Governance in West Africa, Africa inter-state relations, emerging powers, security, democratization and regional integration in West Africa. He has published articles in local and international journals; public media, among other several works.

Recent Posts

‘It felt really scary’ – 14-year-old Nigerian ballet sensation on learning he’s largely blind in one eye

Anthony Madu, the 14-year-old Nigerian dancer from Lagos who gained admission to a prestigious ballet…

1 day ago

‘I remember the day when 56 dollars would change my life’: Wayne Brady reveals humble beginnings

Actor-host Wayne Brady recently opened up about his early financial struggles in his now thriving…

1 day ago

This 1-year-old loves to greet people at Target, so the store hired him as its youngest employee

Mia Arianna, also known as @mia.ariannaa on TikTok, helped her son become an honorary team…

1 day ago

Postman drives 379 miles at his own expense to deliver lost World War II letters to a family

Alvin Gauthier, a Grand Prairie USPS postman, recently went above and beyond to brighten a…

1 day ago

Maj. Gen. Fatuma Gaiti Ahmed becomes Kenya’s first-ever female air force head

Maj. Gen. Fatuma Gaiti Ahmed is the first female commander of the air force and…

1 day ago

All Benjamin E. Mays High School seniors gain admission to HBCU Morris Brown College in surprise announcement

Benjamin E. Mays High School brought together its 272 senior class members for a meeting…

1 day ago

Meet the formerly incarcerated single mom who has gone viral for passing bar exam on first try

Afrika Owes' emotional response to learning that she had passed the bar exam on her…

1 day ago

New York attorney accused of hiring hitman to kill Zimbabwean ex-wife sentenced

A 49-year-old New York attorney was on April 26 sentenced to 10 years in federal…

1 day ago

Cher, 77, who is dating 38-year-old Alexander Edwards, explains why she dates younger men

During an appearance on The Jennifer Hudson Show on Wednesday, pop legend Cher opened up…

2 days ago

11-year-old accidentally shot to death by 14-year-old brother with stolen gun

Authorities in Florida said an 11-year-old boy was accidentally shot and killed by his 14-year-old…

2 days ago

16-year-old Ethiopian Hana Taylor Schlitz breaks sister’s record to become the youngest graduate from TWU

The famous Taylor Schlitz family is making headlines once more as the youngest of the…

2 days ago

Tahra Grant is reportedly the first Black woman to be Chief Comms Officer at a major Hollywood studio

Sony Pictures Entertainment has appointed Tahra Grant as its Chief Communications Officer. She replaces Robert…

2 days ago

How Ashley Fox quit her Wall Street job and built a startup to financially empower those Wall Street would never talk to

Meet Ashley M. Fox, the founder of Empify and the first in her family to…

2 days ago

‘It wasn’t worth it’ – Tyra Banks says the first time she drank alcohol was when she was 50

Tyra Banks, the iconic former host of Dancing With the Stars, has made a delightful…

2 days ago

Brazilian woman who wheeled dead uncle to bank to withdraw his money is being investigated for manslaughter

A Brazilian woman named Érika de Souza, 42, is under investigation for manslaughter after authorities…

2 days ago