Mr. Muhtar previously served as Executive Director on the Board of the World Bank Group (2011-2014) as well as Co-Chair of the UN Inter-Governmental Committee of Experts on Sustainable Development Finance (2013-2014). He has served as Minister of Finance for the Federal Republic of Nigeria and as Chairman of the National Economic Management team (2008-2010), as Executive Director, African Development Bank (2007-2008) and as Director-General of Nigeria’s Debt Management Office (2003-2007).

Earlier in his career, he was Senior Lecturer and Head of the Economics department at Bayero University in Nigeria and served for a decade in various positions at the World Bank headquarters, including as the Senior Economist and Administrator on the Young Professionals Program. He has also served as Deputy General Manager, Strategic Management and Economics division, United Bank for Africa Plc. And as a Distinguished Fellow at the Center for the Study of Economies of Africa in Abuja.

Mr. Muhtar holds a doctorate degree in Economics from the University of Sussex in the UK and a masters degree in the Economics and Politics of Development from the University of Cambridge. He is also an alumnus of Ahmadu Bello University, Nigeria, and King’s College, Lagos. 

He has attended numerous leadership and professional development courses at the Kennedy School, Harvard University; the Wharton School, University of Pennsylvania; and the Singapore Civil Service Administrative College. Mr. Muhtar is a recipient of the Nigeria National Honors Award – Officer of the Federal Republic (OFR) – for his contribution to national development.