Moghalu served as deputy governor of financial system stability and the director of the Central Bank of Nigeria from 2009 to 2014; he led the implementation of reforms to Nigeria's failing banking sector. He is a member of the International Islamic Liquidity Management Corporation and non-executive director of the Asset Management Corporation of Nigeria. In early 2014, Moghalu distanced himself from the suspended head of CBN, Lamido Sanusi. Sanusi alleged a $20 billion fraud at the country's publicly owned oil corporation. Moghalu expressed frustration that Sanusi had overstepped his role as the head of the central bank and crossed into political activism, but emphasized his support for Sanusi's leadership in monetary policy.
Publications
Moghalu is the author of several books: He wrote an essay in the book Bretton Woods: The Next 70 Years.
Public speaking and media
Kingsley Moghalu is a guest speaker at global forums and media.
Early life
Moghalu was born in Lagos in 1963 to Isaac Moghalu, a Nigerian foreign service officer and Vidah Moghalu, a schoolteacher. Moghalu spent his early childhood in Switzerland and Washington, DC, where his father was posted. In the late 1970s and early 1980s, Kingsley was enrolled in the Federal Government College Enugu. He earned a degree in law from the University of Nigeria in 1986, and the Barrister at Law from the Nigerian Law School, Lagos.
Moghalu joined the United Nations in 1992. His first assignment was in Cambodia as a UN human rights and elections officer with the United Nations Transitional Authority in Cambodia. A year later, he was appointed political affairs officer in the department of peacekeeping operations at the UN Headquarters in New York. From 1996 to 1997, he served in the former Yugoslavia as political advisor to the special representative of the UN Secretary-General in Croatia. Kingsley was then assigned as legal adviser to the United Nations International Criminal Tribunal for Rwanda in Arusha, Tanzania, in 1997 and later promoted to the role of the international tribunal's spokesman. As special counsel and spokesman, he was responsible for policy development, strategic planning and external relations. The UNICTR delivered the first-ever judgement by an international court on genocide. In 2002, Moghalu was appointed to the World Health Organization in Geneva, Switzerland, as head of global partnerships and resource mobilization at The Global Fund to Fight AIDS, Tuberculosis and Malaria, a public-private international development finance organization and social investment fund with $20 billion in assets and investments in 140 developing and middle-income countries. He was a member of the Global Fund's senior management group that set corporate strategy, a member of the risk management committee, and was promoted to the rank of director in 2006. In 2006, United Nations Secretary-GeneralKofi Annan appointed Moghalu to the redesign panel of the United Nations Internal Justice System. Working at the UN Headquarters in New York for six months in the first half of 2006, the redesign panel reviewed and made recommendations on how to improve the system of administration of justice at the United Nations.
Post UN
Moghalu resigned from the United Nations in December 2008. He then founded Sogato Strategies S.A., a global strategy and risk consultancy, in Geneva. Umaru Yar'Adua, President of the Federal Republic of Nigeria, appointed Moghalu deputy governor of the Central Bank of Nigeria in November 2009. Moghalu has also served as a member of the board of directors of Opportunities Industrialization Centers International in Philadelphia, a non-profit global entrepreneurship development organization founded by the late US civil rights leader Reverend Leon Sullivan.
Political career
In February 2018, Moghalu declared his interest to run for the presidency of Nigeria. Kingsley chose to run under the platform of the Young Progressive Party. On 4 February 2019, Moghalu paid a courtesy visit to the Ooni of Ife ahead of 16 February Presidential election. He declared his interest to run for presidency under the political party of Youth Progressive Party. Ooni of Ife spoke on how passionate Moghalu was during his presidential campaign. He further said he likes the courage, the passion and his selfless control to serve his fatherland.