BREAKING: Tinubu Approves Ex-Yar’Adua’s Minister Muhtar As New Chairman Of Bank Of Industry Board

President Bola Tinubu has approved the appointment of Dr. Mansur Muhtar as the new Chairman of the Board of the Bank of Industry (BOI)......See Full Story>>.....See Full Story>>

He also appointed Dr. Olasupo Olusi as the Managing Director/Chief Executive Officer of BOI, while he tapped Mrs. Ifeoma Uz’Okpala as the Executive Director, Large Enterprises of BOI.

This is contained in a statement issued by presidential spokesman, Ajuri Ngelale on Monday.

Others appointed into the board are: 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 and Mallam Tajudeen Datti Ahmed, Non-Executive Director, representing the Ministry of Finance Incorporated.

Also on the board are Mr. Adedamola Olufemi Young, Non-Executive Director, representing Central Bank of Nigeria; Reverend Isaac Adefemi Agoye, Non-Executive, representing Manufacturers Association of Nigeria; Mallam Muhammad Bala, Non-Executive, representing Federal Ministry of Industry, Trade & Investment; Mr. Oreoluwa Adeyemi, Independent Non-Executive Director and Mr. Sulaiman Musa Kadira, Independent Non-Executive Director.

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

Muhtar 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.

According to Ngelale, President Tinubu expected 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.

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