President Bola Ahmed Tinubu has appointed a new board for the Bank of Industry (BoI) Limited, marking a significant step in revitalizing Nigeria’s foremost development finance institution.
The announcement was made in a statement on Monday by Ajuri Ngelale, Special Adviser to the President on Media and Publicity.
The newly appointed board will be chaired by Dr. Mansur Muhtar, a seasoned finance expert and former Minister of Finance.
Dr. Olasupo Olusi has been named Managing Director/Chief Executive Officer, bringing his extensive experience to lead the bank.
The 13-member board comprises professionals from diverse fields, including:
– Mrs. Ifeoma Uz’Okpala – Executive Director, Large Enterprises
– Mr. Shekarau Omar- Executive Director, Micro, Small & Medium Enterprises
– Mr. Usen Effiong – Executive Director, Corporate Services
– Ms. Mabel Ndagi – Executive Director, Public Sector & Intervention Programmes
– Mr. Rotimi Akinde – Executive Director, Corporate Finance & Risk Management
The board also includes Non-Executive Directors:
– Mallam Tajudeen Datti Ahmed – Representing the Ministry of Finance Incorporated
– Mr. Adedamola Olufemi Young – Representing Central Bank of Nigeria
– Reverend Isaac Adefemi Agoye – Representing Manufacturers Association of Nigeria
– Mallam Muhammad Bala – Representing Federal Ministry of Industry, Trade & Investment
– Mr. Oreoluwa Adeyemi – Independent Non-Executive Director
– Mr. Sulaiman Musa Kadira – Independent Non-Executive Director
President Tinubu emphasized the importance of the board working harmoniously and diligently to fulfill the bank’s objectives, focusing on job creation, poverty alleviation, and improving the socio-economic conditions of Nigerian families.
Dr. Mansur Muhtar’s extensive career includes his tenure as Minister of Finance, Budget, and Economic Development from 2008 to 2010, and his role as Vice-President, Operations of the Islamic Development Bank, before this recent appointment.
The appointments are effective immediately, with the new board tasked with advancing the bank’s strategic initiatives to support Nigeria’s economic development.
Post A Comment: