Uche was the immediate past/pioneer Managing Director & Chief Executive Officer of the Nigeria Sovereign Investment Authority (NSIA), (2012-2022) a diversified asset management firm he started for the Nigerian Federation and grew it from $1bn initial capital to just under $4bn in 10 years. The three NSIA funds managed by Uche are the Nigeria Infrastructure Fund, the Stabilization Fund, and the Future Generations Fund. Over 10 years, the fund delivered annualized returns more than 10%, with the infrastructure fund acting as a sponsor, developer, and investor, deploying over $2bn in sectors such as toll-roads, healthcare, gas infrastructure, renewable energy, agriculture, fertilizers, and financial services infrastructure. Notable investments include the Second Niger Bridge, Kano Solar Haske solar plant, NLCC Cancer Center, NKDC and NUDC radiology and diagnostic centers, InfraCredit, Family Homes Funds, Nigeria Mortgage Refinance Company, and Development Bank of Nigeria. The Future Generation and Stabilization Funds invested in diversified public and private market assets across 17 different countries in equities, fixed income, commodities, and hard assets.
Earlier in his career, Uche was Managing Director/Senior Analyst at UBS Securities in New York from 2006-2012. Whilst at UBS Securities, he was a top-three rated Semiconductor Analyst by Institutional Investor Magazine covering over 40 leading companies such as Nvidia, Intel, AMD, Texas Instruments, Samsung, TSMC, ASML etc. Global client’s coverage includes the largest institutional investors and sovereign wealth funds.
Prior to UBS, Uche was Managing Director and Senior Analyst at JP Morgan in London, UK, between 2001-2006. He was consistently rated the number one semiconductor analyst by both the Institutional Investors Magazine and Thomson/Extel Reuters analyst ranking, covering companies such as ARM, STMicroelectronics, Siemens, Philips Electronics, ASML, Infineon etc.
Prior to switching to the sell-side, Uche had worked at Goldman Sachs Asset Management (GSAM) as a buy-side analyst covering technology, communication equipment, industrials, and chemicals sectors, as well as co-manager of the $600m GS Global Technology Fund and the EUR 1.4bn GS pan-European equity fund.
Uche a dual British/Nigerian national and formerly a US resident under the immigrants with extraordinary ability classification – owing from his research work in semiconductors. Uche holds a Bachelor of Chemical Engineering Degree, and Master of Business Administration (MBA) from Harvard Business School in 1998.
