Arunma Oteh, a former Treasurer of the World Bank and global expert on capital markets, has released her new book, All Hands on Deck, which calls for urgent, collective action to tackle humanity’s most pressing challenges. The book, set for release on 21 January 2025, highlights the critical role of capital markets in addressing global crises such as climate change, persistent inequality, and ongoing conflicts, particularly in the Global South.
Drawing from four decades of experience in finance, governance, and international development, Oteh shares her professional journey and explores how well-structured capital markets can lift millions out of poverty, accelerate wealth creation, and drive sustainable development.
Speaking about her motivation for writing the book, Oteh said: “Capital markets, when effectively harnessed, can be a powerful tool for human progress. But to achieve this, we need collective action at all levels, underpinned by strong leadership and a shared vision for the future.”
The book provides a compelling introduction to capital markets, breaking down complex concepts to ensure accessibility for readers from all backgrounds. Oteh details the pivotal role of capital markets in shaping developing economies and shares practical strategies for nations to build sustainable and impactful financial systems. She emphasises the importance of financial literacy in empowering individuals and fostering societal progress, particularly in youthful populations.
In addition to technical insights, All Hands on Deck reflects on Oteh’s leadership philosophy, which she summarises as the “4Cs”: Character, Compassion, Competence, and Courage. These principles, she argues, are essential for leaders navigating the challenges of public and private sector governance.
The book also addresses the urgent need for innovative financing solutions and enhanced international cooperation to achieve the United Nations’ Sustainable Development Goals (SDGs) by 2030. Oteh highlights the transformative potential of strong financial systems and offers a blueprint for harnessing capital markets to drive meaningful change.
Oteh’s career serves as a case study for the book’s themes. From her first introduction to financial markets as a child to leading the Securities and Exchange Commission and her tenure at the World Bank, she provides a first-hand account of how decisive leadership and collaboration can fuel economic and social progress.
With its blend of technical expertise and personal reflections, All Hands on Deck aims to inspire policymakers, finance professionals, leaders, and citizens alike to take part in building inclusive, resilient, and prosperous societies.
All Hands on Deck by Arunma Oteh is available from 21 January 2025 on Amazon and at major bookshops.