President Bola Tinubu has approved the appointment of a new management team to the board of the Bank of Industry Limited.
According to a statement issued by Presidential spokesman, Chief Ajuri Ngelale, the President appointed Dr. Mansur Muhtar as Chairman and Dr. Olasupo Olusi as Managing Director/Chief Executive Officer of the 13-member board.
The statement also named other members of the board, including 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 & Intervention Programmes.
Others appointed include Mallam Tajudeen Datti Ahmed, Non-Executive Director, representing the Ministry of Finance Incorporated; Mr. Adedamola Olufemi Young, Non-Executive Director, representing Central Bank of Nigeria; Reverend Isaac Adefemi Agoye, Non-Executive, representing Manufacturers Association of Nigeria; and Mallam Muhammad Bala, Non-Executive, representing Federal Ministry of Industry, Trade & Investment.
The statement highlighted Dr. Muhtar’s extensive experience in finance, international development, public service, and academia, including his previous roles as Minister of Finance, Budget and Economic Development and Vice-President, Operations of the Islamic Development Bank.
The President expects the new board 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.”
