Mr. Hassan M.T. Usman, FCA

Mr. Usman is the Founder/Chief Executive Officer of New Frontier Development Limited, an investment company focused on financial advisory, hospitality, real estate and proprietary investments in start-ups and challenged companies in the SME space. He is also the Founder/Chairman of the Board of Trustees of the Al-Qalam (Pen) Foundation, a Not-for-Profit Organisation that provides educational opportunities to disadvantaged children.
Prior to this, he was the Managing Director/Chief Executive Officer of Aso Savings and Loans Plc and an Executive Director at Abuja Investment and Property Development Company Limited. He was at various times the Deputy Director and Head of Petrochemicals and Gas Unit; Transport Sector Reform Team as well as the Deputy Director Telecoms Reform Team Lead and Head NITEL Privatisation at the Bureau of Public Enterprises. He also worked with Central Bank of Nigeria, Arthur Andersen and CitiBank Nigeria. Mr. Usman sits on the Boards of Abuja Leasing Company Limited, Kairos Capital Limited,  Sentinel Energy and Gas Limited,  North Capital Resources Limited and YoBella Kids Zone Limited.
Mr. Usman holds a Bachelor of Arts Degree in Economics from University of Sussex and a Master of Philosophy in Development Economics from University of Cambridge. He is a Fellow of the Institute of Chartered Accountants of England and Wales. Mr. Usman is also an Eisenhower Fellow and Archbishop Desmond Tutu Fellow of the African Leadership Institute.
Over the years, he has served as a member of the Board of Directors of the Nigeria Sovereign Investment Authority, Nigeria Mortgage Refinance Company and Council of the Nigeria Stock Exchange (now Nigerian Exchange Group).
Mr. Usman joined the Board in August 2020.

Professional Experience

Academic and Professional Qualifications

Appointment Date

Board Committee Membership

August 2020- Date
Independent Non-Executive Director, Access Bank Plc

Registered Investment Banking Representative, United States National Association of Securities Dealers (NASD)

August 2020

  • Chairman-Board Risk Management Committee
  • Member- Board Human Resources and Sustainability Committee
  • Member- Board Audit Committee
  • Member- Board Credit Committee
  • Member -Board Digital and Information Technology Committee

January 2016-Date
Founder/ Chief Executive Officer, New Frontier Development Limited

ACA, Associate of the Institute of Chartered Accountants in England and Wales;

January 2006-September 2015
Managing Director/Chief Executive Officer-Aso Savings and Loans Plc

M.Phil, Development Economics, Upper Second Class
Darwin College, University of Cambridge, England

March 2004-February 2006
Executive Director Investments- Abuja Investment & Property Development Company Limited

B.A. (Hons.) Economics, Upper Second Class, University of Sussex, Falmer, Brighton, England

Sept 2003 – March
Deputy Director & Head Petrochemicals and Gas Unit- Bureau Of Public Enterprises, Abuja

March 2002 – Sept

Deputy Director & Head Transport Sector Reform Team- Bureau Of Public Enterprises, Abuja

October 2000 – March 2002

Deputy Director, Telecoms Reform Team Leader & Head Nitel Privatisation
Team- Bureau Of Public Enterprises, Abuja



  • Corporate Finance Group, Citibank Nigeria
  • Investment Banking Adviser/Transaction Manager under USAID/World Bank funded programme



September 1990-December 1993

Financial Markets Division, Arthur Andersen S.C, London

August 1989-September 1990

Research Assistant, International Economic and Monetary Relations Department, Central Bank of Nigeria, Lagos