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President Tinubu Names New Board For Bank Of Industry

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President Bola Tinubu has approved the appointment of Dr. Mansur Muhtar as the chairman of the board of the Bank of Industry Limited.

News About Nigeria reports that the appointments were disclosed in a statement on Monday by Ajuri Ngelale, special adviser to the president on media and publicity.

Others who made the list of appointees include Dr. Olasupo Olusi (Managing Director/Chief Executive Officer) and five executive directors: Mrs. Ifeoma Uz’Okpala (Large Enterprises), Mr. Shekarau Omar (Micro, Small, and Medium Enterprises), Mr. Usen Effiong (Corporate Services), Ms. Mabel Ndagi (Public Sector and Intervention Programmes), and Mr. Rotimi Akinde (Corporate Finance and Risk Management).

The non-executive directors include Mallam Tajudeen Datti-Ahmed, representing the Ministry of Finance Incorporated; Mr. Adedamola Olufemi Young (Central Bank of Nigeria); Reverend Isaac Adefemi Agoye (Manufacturers Association of Nigeria); and Mallam Muhammad Bala (Federal Ministry of Industry, Trade, and Investment).

The list also includes two independent non-executive directors, Mr. Oreoluwa Adeyemi and Mr. Sulaiman Musa Kadira.

He served as Minister of Finance, Budget, and Economic Development from 2008 to 2010 and was Vice President (Operations) at the Islamic Development Bank before his recent appointment.

Ngelale said the president expects the new board of the Bank of Industry to work harmoniously, diligently, and with utmost fidelity to the nation in driving the mandate of BOI as a development vehicle for providing support for projects that enhance job creation, poverty alleviation, and the socio-economic conditions of Nigerian families.