USNC names Terence McCulley as chairman
The United States Nigeria Council (USNC), a business organisation dedicated to deepening commercial ties between the United States and Nigeria, has announced the appointment of Ambassador Terence McCulley as its new Chairman. Ambassador McCulley served as United States ambassador to Nigeria from 2010 to 2013.
The USNC, launched in 2016, acts as a convener, clearinghouse and catalyst for business and investment opportunities for US and Nigerian firms. From its offices in Washington, DC and Lagos, USNC develops targeted partnerships between members with an aim to catalyze a new wave of diversified investment and inclusive growth.
In addition to its continued work in agricultural supply chain development, the Council will focus on the information communication technology (ICT)sector in 2018.
Speaking on the appointment of Ambassador McCulley, the Executive Director of USNC, Eliot Pence, said: “McCulley has a proven track record in promoting businesses and diplomatic relations between the two countries. His leadership and experience will play a huge role as we forge a backbone of strong joint ventures between companies, funds and entrepreneurs.”
Reacting to his appointment, McCulley said: “As a former Ambassador to Nigeria, I understand the importance of the US-Nigeria Council in facilitating meaningful partnerships between Nigerian and American companies.” He added that “Nigeria is an indispensable destination for US investment; the country represents the largest market in Africa with over 180 million consumers and it is attracting an increasing number of US corporations. USNC is doing important work in focusing on deal execution and I am excited to be a part of the team.”