President Muhammadu Buhari recently appointed Doyin Salami as his new chief economic adviser, according to a statement signed by Femi Adesina, Special Adviser to the President on Media and Publicity, on Tuesday.
Born in 1963, Salami has bagged several degrees in his educational pursuit and also worked in different capacities to improve the economic atmosphere in Nigeria and beyond.
According to information on his LinkedIn page, after finishing high school in Igbobi College, Yaba, Lagos, Salami proceeded to the University Tutorial College for his A level before moving to study in the United Kingdom in 1980 for a Bachelor of Science, Economics which he attained in 1984.
His zeal for research interest in corporate long-term financial management; macroeconomic policy; corporate competitiveness and risk management as well as characteristics of Small and Medium Enterprises (SMEs) led him to continue his education, bagging a Masters of Science (MSc) in 1985 and Doctor of Philosophy (PhD) in 1989 in Economics from the same university.
But his professional career didn’t begin right in the classroom. It had started with working for Adetutu & Co. Ltd. Where he started with consulting before he joined the University of Lagos, as a lecturer in the Department of Economics.
Salami soon built a career in consulting and establishing the research firm, Edward Kingston Associates, an economic consulting firm as the managing partner where he led a team to build the macroeconomic model of the Nigerian economy in 1997, which he later merged with Soft Skills in 2014 to form Kainos Edge, a consulting firm.
He has also performed consulting activities for the likes of Coca-Cola Nigeria and Equatorial Africa (CCNEAL), Department for International Development (DFID), World Bank, United Nations Industrial Development Organisation (UNIDO), United States Agency for International Development (USAID) as well as
In 2009, Salami was appointed as a member of the Federal Government’s Economic Management Team by the late President Yar-Adua. After a year, his brilliancy made way for his appointment into the membership of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria where he retired in 2017 upon the completion of two terms.
In addition to being a member of the International Monetary Fund’s (IMF) Advisory Group for Sub-Saharan Africa (AGSA), he is also a member of the Board of the Nigerian Economic Summit Group (NESG) and also Co-Chair of the Central Organising Committee for the Nigerian Economic Summit in 2009.
In September 2019, he was appointed by President Muhammadu Buhari as chairman to head the Presidential Economic Advisory Council (PEAC), and in January 2022, he became the Chief Economic Adviser to President Buhari.