By George Ozalla
Mark Okoye II, the pioneer Managing Director of the South East Development Commission (SEDC), recently celebrated 100 days in office with a courtesy visit to President Bola Ahmed Tinubu. During their meeting, Okoye II briefed the President on his accomplishments so far, future road map, seeking guidance and continued support for the commission’s initiatives.
As the SEDC’s helmsman, Okoye II has been working tirelessly to establish a strategic direction for the commission, launching key initiatives such as the South East Investment Company (SEIC) and a $50 million South East Venture Capital Fund. These programs target to drive fast economic growth, support startups, and promote inclusive innovation in the South East region.
The SEDC has also engaged with stakeholders, including state governors, federal ministries, and development finance institutions, to align efforts and build partnerships. With a long-term goal of catalyzing a $200 billion regional economy by 2035, the commission is poised to make a significant impact on the region’s development.
Okoye II’s appointment as the SEDC’s Managing Director was confirmed by the Nigerian Senate in January 2025, and his leadership has been widely welcomed. As the commission moves forward, it is expected to deliver tangible results, empower communities, and unlock the full potential of the South East region that many see as long over due.
