The now new Director General of Debt Management Office (DMO), Patience Oniha, was appointed last July 1 by the Federal Government when she replaced now retired DMO Director-General, Abraham Nwankwo last week.
Before her appointment as the new Director-General of DMO, Ms. Oniha served as the pioneer Head of Efficiency Unite created by the Minister of Finance, Kemi Adeosun, to assist government in cutting cost of the administration average overhead outlay and create savings from the acquisition processes.
Ms. Oniha is entering office as the new Director-General of the DMO with hefty of past experience stretching for more than 22 years in the banking and financial sectors of the economy.
Ms. Oniha started her career in banking industry at Icon Merchant Bank Limited in 1986, moving forward to become a Manager.
She later leave the managerial job to apply at First Securities Discount House Limited in 1992, and started as a pioneer staff and landed as General Manager after a couple of years and later joining Ecobank Nigeria Limited in 2000.
Ms. Oniha worked with Standard Chartered Bank between 2004 and 2008 as a General Manager.
During her time at the baking industry, Ms. Oniha gained a lot of management skills in Credit, Marketing, Treasury and Investment Banking.
After working in Standard Chartered Bank, she joined the public service as Director of Marker Development Department of DMO.
During her eight years in that office, Ms. Oniha accomplishments in the office includes the introduction of Benchmark Bonds to develop the domestic bond market, she also started a sovereign yield to help the government in raising long term funds and many more added to that list.
Ms. Oniha graduated First class honours in 1983 with a Bachelor of Science degree in Economics from the University of Berlin and a Master of Science degree in Finance from the University of Lagos in 1985.