Tinubu appoints new CEO, board chairman of Bank of Industry

Tinubu 1

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

The president also appointed Dr Olasupo Olusi as the Managing Director/Chief Executive Officer of the banks.

Other appointees are Mrs Ifeoma Uz’Okpala, Executive Director, Large Enterprises; Mr Shekarau Omar, Executive Director, Micro, Small and Medium Enterprises; Mr Usen Effiong, Executive Director, Corporate Services; and Ms Mabel Ndagi, Executive Director, Public Sector and Intervention Programmes.

Others include Mr Rotimi Akinde, Executive Director, Corporate Finance and Risk Management; Malam Tajudeen Datti Ahmed, Non-Executive Director, representing the Ministry of Finance Incorporated; Mr. Adedamola Olufemi Young, Bon-Executive Director, representing Central Bank of Nigeria; Reverend Isaac Adefemi Agoye, Non-Executive, representing Manufacturers Association of Nigeria (MAN); Malam Muhammad Bala, Non-Executive, representing Federal Ministry of Industry, Trade and Investment; Mr Oreoluwa Adeyemi, Independent Non-Executive Director; and Mr Sulaiman Musa Kadira, Independent Non-Executive Director.

Dr Mansur Muhtar’s career spans decades in finance, international development, public service and academia.

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

The president said he 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 this critical institution as a development vehicle for providing support for projects that enhance job creation, poverty alleviation, and the socio-economic conditions of Nigerian families.