Dr. Lazarus A. Angbazo

Biography

Professional experience

Dr. Lazarus Angbazo has over 25 years of business leadership experience across energy, infrastructure development, and financial services, including C-suite roles in North America and Africa. He has led global teams and worked extensively with partners and customers across China, India, the Middle East, and Europe.

Dr. Angbazo is the founding Managing Director and Chief Executive Officer of the Infrastructure Corporation of Nigeria (INFRACORP), Nigeria’s investment platform for delivering strategic national infrastructure assets through public–private partnerships and private capital mobilisation. Prior to INFRACORP, he was a Senior Partner at Helios Investment Partners, the largest Africa-focused private equity firm, managing funds totaling $3.6 billion across energy, power, infrastructure, financial services, agriculture, and FMCG.

From 2012 to 2019, Dr. Angbazo served as President & CEO of GE Nigeria, with full P&L responsibility across GE’s Energy, Healthcare, Transportation, Consumer Industrial, and GE Capital businesses. During this period, he quadrupled revenues to over $1 billion annually and expanded the workforce from 150 to 900 employees. Between 2016 and 2019, he also served as President & CEO of GE Grid Solutions Africa, integrating Alstom Grid with GE Energy Management, building a team across 22 countries, and doubling revenues and profitability while supporting grid modernisation across 35 African countries.

Dr. Angbazo began his corporate career at Chase Manhattan Bank, New York, where he held leadership roles in strategic planning, credit risk management, and mergers and acquisitions, including work on the JP Morgan Chase–BankOne merger. He later transitioned from academia, having served as an Assistant Professor of Finance at Purdue University’s Krannert School of Management, following completion of his doctoral studies.

He has served on multiple infrastructure advisory and transition committees under Nigerian Presidents Umaru Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari, and was formerly Chair of the Investment Committee of the Nasarawa State Government Economic Advisory Council. Dr. Angbazo currently serves on several boards, including Axxella, Emerald Industrial Limited, Bingham University, Lagos Business School, and the Africa-America Institute, and is a member of the Presidential Steering Committee on Evergreen City, Nigeria’s Green Industrial Zone, for which INFRACORP is Lead Arranger and Developer.

Dr. Angbazo holds a Ph.D. in Corporate Finance from New York University, a First Class B.Sc. in Mathematics from Ahmadu Bello University, and an M.Sc. in Industrial Engineering from the University of Iowa. He is a frequent international speaker on infrastructure development, project finance, economic growth, and sustainability.