Chinwe Egwim

Chinwe Egwim
Born28 October
Warri
Alma mater
Occupations
  • Economist
  • Banker
  • Author
Years active2009–present
Notable work
TitleChief economist

Chinwe Egwim is a Nigerian economist, banker, corporate executive, and author, who is chief economist at First Bank Group,[1] where she leads enterprise-wide economic intelligence, supports executive, and board-level decision making across the Group's multi-market operations, across its subsidiaries.[1] She previously served as the chief economist, and head of Economic Research and Intelligence of Coronation Merchant Bank.[2][3]

She has served as a National Consultant on a programme on services trade and regional integration under the United Nations Economic Commission for Africa,[1] and the United Nations Conference on UN Trade and Development.[1] Egwim is a member of the Presidential Fiscal Policy and Tax Reforms Committee,[4] and served on the Board of Economists at BusinessDay Media.[1] In 2024, Egwim was selected as a Young Global Leader by the World Economic Forum.[5]

Early life

Chinwe Egwim was born on 28 October in Warri, Delta State, Nigeria, and is from Imo State. She spent part of her early childhood in the Netherlands, where she attended the British School in the Netherlands.[6] She later returned to Nigeria, attending Federal Government Girls' College, Owerri,[6] and Jephthah Comprehensive Secondary School in Port Harcourt.[6] She holds a Bachelor's degree in Economics from Kwame Nkrumah University of Science and Technology, Ghana,[7] and a master's degree in Financial Economics from Kingston University, London.[8] She also studied at the European School of Economics in Milan, Italy.[8]

Career

Women are vital for every nation interested in accelerating its economic and socio-economic growth. However, a level playing field across the social, economic, and political spaces will encourage increased participation of women.

— Chinwe speaking to The Spark Magazine[9]

Early career: CBN, and African Positive Outlook

In 2009, Chinwe began her career, working at the Fiscal Division Unit within the research department at Central Bank of Nigeria, where she was exposed to the intricacies of government revenue and expenditure analysis.[10] In 2011, she served as a research analyst at African Positive Outlook (now Helmar Care and Community Services LTD) in the United Kingdom.

Fitch Ratings, and FBNQuest

In 2013, Chinwe joined Fitch Ratings as part of the sub-National Ratings team in Milan Italy, where she analyzed economic conditions in sub-Saharan African countries, contributing to credit risk rating reports and various written outputs. Following her return to Nigeria, she joined FBNQuest Merchant Bank, and also served as the Resident Economist for Africa Investment Roundtable, a research-based initiative.[11] In 2019, her thought leadership article focused on the interlinkage between women and Africa trade was featured on the World Economic Forum.[12]

2021–2026:Coronation Merchant Bank

On 28 June 2021, Coronation Merchant Bank Limited appointed Chinwe Egwim as the Chief Economist and Head of Economic Research and Intelligence at Coronation Merchant Bank.[2][13] In 2023, Chinwe was appointed a member of the Presidential Fiscal Policy and Tax Reforms Committee. The committee was established by the 16th and current president of Nigeria Bola Tinubu, to review and redesign Nigeria's fiscal system for revenue mobilisation, quality of government spending, and sustainable debt management.[4]

2026-present:First Bank Group

On 21 May 2026, Egwim was appointed Chief Economist at First Bank Group,[1] In this role, she leads enterprise-wide economic intelligence, supporting executive and board-level decision-making across the Group’s operations.[1] Her work includes providing forward-looking insights that inform balance sheet positioning, liquidity management, and economic risk strategy, as well as guiding sector positioning, credit strategy, and deposit mobilisation across multiple markets.[1]

Public speaking

Chinwe has delivered speeches at many public and private summits on macroeconomics. She has been a television guest on economic programs on BBC, CNBC Africa, Arise News, and Channels TV.[7] On 16 November 2019, during her TED talk, she spoke about equipping the female economy as a tool to driving economic prosperity for countries. This contributed to economic conversations around empowering women.[14] In 2021, she was invited as an economic influencer by Mary Beth Leonard, where she contributed to dialogues around emerging Africa.[6] In 2022, she was among the speakers at the 28 Nigerian Economic Summit, themed: “2023 and Beyond: Priorities for Shared Prosperity” held at the Transcorp Hilton Hotel, Abuja.[15] In 2023, Chinwe delivered the keynote speech at the West Africa Global Trade Review Summit themed, A New Dawn: Plotting a Course for West African Trade.[16] She also delivered the keynote speech at the 2024 100 Women in Finance Macroeconomic Outlook Event, held in Nigeria.[17]

Books

  • Understanding Economic "Jargon" (2020)[18]
  • Super E: the Inflation Smackdown (2023)[19]

Select publications

  • An industry in need of stitches (2016).[20]
  • State government finances: A curate’s egg (2016).[21]
  • The squeeze on consumers’ pockets (2016).[22]
  • The ugly truth: Public finances on a precipice (2017).[23]
  • Towards a business-friendly environment (2017).[24]
  • Digital economy, still scratching the surface (2018).[25]
  • Economic landscape: 2017 in review (2018).[26]

Awards and recognition

Awards

Year Ceremony Prize Result
2018 The Future Awards Africa Professional Service[27] Nominated
HER Network Career Woman of the Year[28] Won
2021 The Accenture Gender Mainstreaming Awards Positive Role Model – West Africa Won
CIBN Awards X-factor Nominated

Recognition

  • 2017: Inspired by Glory cited her in their #womensupportingwomen Power List.[29]
  • 2018: Leading Ladies Africa named her, as one of Nigeria's Most Influential Women.[30]
  • 2018: YNaija listed her on its Power List of most influential personalities.[31]
  • 2019: BellaNaija cited her on its list of 48 Women Who Are Champions of Nigeria's Banking Industry.[32]
  • 2020: MIPAD Under 40 in Business & Entrepreneurship – Most Influential People of African Descent.[33]
  • 2024: Selected as a Young Global Leader by the World Economic Forum.[5]

References

  1. 1 2 3 4 5 6 7 8 Onuh, Chioma (21 May 2026). "Why Chinwe Egwim's appointment as FirstBank Chief Economist matters for Nigeria's banking sector". BusinessDay. Lagos, Nigeria. Retrieved 24 May 2026.
  2. 1 2 Press, N. M. (6 July 2021). "Chinwe Egwim appointed Chief Economist, Coronation Merchant Bank". Nairametrics. Retrieved 7 December 2023.
  3. ↑ "Chinwe Egwim, Coronation Merchant Bank: Profile and Biography". Bloomberg.com. Retrieved 7 December 2023.
  4. 1 2 Ajumobi, Kemi (10 November 2023). "Insights from the economic mastermind, Chinwe Egwim". BusinessDay. Lagos, Nigeria. Retrieved 3 February 2024.
  5. 1 2 Erezi, Dennis (4 April 2024). "Nigerian economist Chinwe Egwim named among World Economic Forum's Young Global Leaders". The Guardian. Lagos, Nigeria. Retrieved 24 May 2026.
  6. 1 2 3 4 Ogunyinka, Victor (17 June 2022). "Chinwe Egwim is creating her own legacy as she succeeds after her father's footprint". Nigerian Tribune. Retrieved 2 February 2024.
  7. 1 2 "Chinwe Egwim Rewriting Africa's story". Daily Trust. 18 July 2022. Retrieved 2 February 2024.
  8. 1 2 Editorial, T. W. (24 February 2021). "Smart Money Tribe Podcast: The Nigerian Economy & Your Finances". TW Magazine Website. Retrieved 8 December 2023.
  9. ↑ Alugbin, Dewunmi. "Becoming A Wonder Woman" (PDF). Yumpu. The Spark Magazine. Archived from the original on 5 June 2020. Retrieved 7 December 2023.
  10. ↑ "Meet Coronation Merchant Bank (CMB) Chief economist, Chinwe Egwim". Vanguard. Lagos, Nigeria. Retrieved 2 February 2024.
  11. ↑ Olagoke, Bode (25 November 2023). "The Nigerian economist making impact in the sub-saharan africa countires – Chinwe Egwim". Blueprint. Abuja, Nigeria. Retrieved 2 February 2024.
  12. ↑ Egwim, Chinwe. "Africa is aiming to create the world's largest trading bloc. It won't succeed without women". World Economic Forum. Retrieved 18 February 2024.
  13. ↑ "We are led by exceptional professionals and visionaries". Coronation Merchant Bank. Retrieved 3 February 2024.
  14. ↑ "TEDxPortHarcourt". TED. Retrieved 7 December 2023.
  15. ↑ "28th Nigerian Economic Summit Green Book" (PDF). Nigerian Economic Summit Group. Retrieved 4 February 2024.
  16. ↑ "The Nigerian Economist Creating A Blueprint For Africa – Chinwe Egwim". Independent. Lagos, Nigeria. Retrieved 2 February 2024.
  17. ↑ "Nigeria Education Event: Exploring the Macroeconomic Outlook for 2024". 100 Women in Finance. Retrieved 18 February 2024.
  18. ↑ "Understanding Economic 'Jargon': Get a grip...Stay ahead of economic shocks". Amazon. Retrieved 2 February 2024.
  19. ↑ Olatunji, Eniola (23 November 2023). "Chinwe Egwim launches book to promote economy". BusinessDay. Lagos, Nigeria. Retrieved 2 February 2024.
  20. ↑ Egwim, Chinwe (6 June 2016). "An industry in need of stitches". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  21. ↑ Egwim, Chinwe (14 November 2016). "State government finances: A curate's egg". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  22. ↑ Egwim, Chinwe (5 September 2016). "The squeeze on consumers' pockets". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  23. ↑ Egwim, Chinwe (6 February 2017). "The ugly truth: Public finances on a precipice". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  24. ↑ Egwim, Chinwe (8 May 2017). "Towards a business-friendly environment". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  25. ↑ Egwim, Chinwe (19 February 2018). "Digital economy, still scratching the surface". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  26. ↑ Egwim, Chinwe (29 March 2018). "Economic landscape: 2017 in review". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  27. ↑ Ukiwe, Urenna (5 December 2018). "The Future Awards Africa 2018 Nominees List". The Guardian. Lagos, Nigeria. Retrieved 8 December 2023.
  28. ↑ Network, Her (8 December 2018). "HERE ARE THE WINNERS OF THE SECOND ANNUAL HER NETWORK WOMAN OF THE YEAR AWARDS 2018". Her Network. Retrieved 7 December 2023.
  29. ↑ Nigeria, Guardian (13 January 2018). "Inspired by Glory 2017 #WomenSupportingWomen #Powerlist". The Guardian. Lagos, Nigeria. Retrieved 7 December 2023.
  30. ↑ Nigeria, Guardian (17 March 2018). "Leading ladies Africa – 100 most inspiring women in Nigeria 2018". The Guardian. Lagos, Nigeria. Retrieved 7 December 2023.
  31. ↑ "Adaku Ufere-Awoonor, Chris Ogunlowo, Owen Omogiafo... see the #YNaijaPowerList2018 for Corporate Nigeria » YNaija". YNaija. 15 November 2018. Retrieved 8 December 2023.
  32. ↑ "48 Women Who Are Champions of Nigeria's Banking Industry | Get to Know Them". BellaNaija. 26 October 2019. Retrieved 8 December 2023.
  33. ↑ "MIPAD Hosts Recognition & Awards Ceremony, Unveils 2020 Global List" (PDF). Most Influential People of African Descent. Retrieved 8 December 2023.
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