Mr. Kehinde Ogundimu, CEO of Nigeria Mortgage Refinance Company HMRC has been announced as the new Chairman and Director of African Union for Housing Fund, AUHF.
The decision to appoint Ogundimu as the new chair of the union was reached at its Special Meeting, held on the 8 of March 2022.
This follows the resignation of Mr Andrew Chimphondah (former Executive Director of Shelter Afrique) who stepped down as the Chairman and Director of AUHF.
His successor, Ogundimu has over three decades of corporate work experience with blue chip companies starting at PriceWaterhouseCoopers. He has held senior leadership positions at Chevron, Pepco Energy Services, Freddie Mac, Fannie Mae, and Capital One Bank. His career spans financial advisory services, oil & gas and diversified banking in Africa and America.
Mr Chimphondah has served as a Director of the AUHF since October 2018 and has been the chairperson of the AUHF since November 2020.
The Union in a statement announcing the change also thanked Chimphondah for the leadership he provided while in the saddle.
“We thank Mr Chimphondah for his contribution to the sector and the leadership he has provided the AUHF during his tenure as the Deputy and Chairman of the AUHF.
“His commitment to
affordable housing has always been an inspiration and we wil miss his energy and leadership in our Union. We wish him the best in his future endeavours and trust our paths will connect again
in the future.’
The Board of Directors further agreed to other changes in the union.
Reacting to the development, Housing Development Advovacy Network, HDAN, commended the union for the peaceful transition.
According to HDAN Executive Director, Barr. Festus Adebayo, the past Chairman, Andrew chimpodah made indelible marks both at shelter afrique and AUHF.
“We congratulate the new chairman of AUHF, Kehinde Ogundimu.To us it is a new dawn.
“We will do every thing to support the new chairman on his new task,” he said.
He also urged all the members of the union to give the new chairman all necessary support.
Ogundimu has been described as been passionate about the economic empowerment of citizens to advance development around the world.
He is said to be energetically involved in the real estate finance and housing advocacy.
Kehinde is also on the Board of Directors of the African Union of Housing Finance (AUHF) and serves as the Treasurer of AUHF, a not-for-profit organization based in South Africa.
Kehinde holds a Bachelor of Science (B.Sc Honors) degree in Electrical Engineering from the University of Ibadan and obtained an MBA from the University of Lagos, Nigeria. He is a fellow of the Institute of Chartered Accountants of Nigeria (FCA), a member of the American Institute of Certified Public Accountants (CPA), a Chartered Financial Analyst (CFA) Charterholder and a fellow of the Chartered Institute of Taxation of Nigeria (FCTI).
He has attended several executive management programs in leading educational institutions including Harvard Business School, University of Cambridge and Gordon Institute of Business Science, University of Pretoria, South Africa.
The AUHF is a member-based association of mortgage banks, building societies, prop-tech
companies, housing corporations and other organisations involved in the mobilisation of funds for
shelter and housing on the African continent.
The AUHF was established in 1984. The AUHF currently has 51 member organisations from 21 countries. Botswana, Cameroon, Cote d’Ivorie
Egypt, eSwatini, Finland, Ghana, Guinea, Kenya, Malawi, Namibia, Nigeria, Rwanda, Seychelles,
South Africa, Tanzania, Togo, Uganda, United States of America, Zambia, Zimbabwe, Pan African and International.
#AUHF #Kehinde Ogundimu #New Chairman
