President Bola Tinubu has approved the appointment of new board members for the Bank of Industry (BoI), according to a statement by presidential spokesperson Ajuri Ngelale.
The newly appointed members include Dr. Mansur Muhtar, who will serve as Chairman, and Dr. Olasupo Olusi, who has been named Managing Director and Chief Executive Officer.
Other key appointments include Mrs. Ifeoma Uz’Okpala as Executive Director of Large Enterprises and Mr. Shekarau Omar as Executive Director of Micro, Small & Medium Enterprises.
Additional appointees include Mr. Usen Effiong as Executive Director of Corporate Services, Ms. Mabel Ndagi as Executive Director of Public Sector & Intervention Programmes, and Mr. Rotimi Akinde as Executive Director of Corporate Finance & Risk Management.
Representing various sectors, the board also includes Mallam Tajudeen Datti Ahmed, Mr. Adedamola Olufemi Young, Reverend Isaac Adefemi Agoye, Mallam Muhammad Bala, Mr. Oreoluwa Adeyemi, and Mr. Sulaiman Musa Kadira.
Dr. Muhtar, the newly appointed chairman, brings decades of experience in finance, international development, public service, and academia.
He previously served as Minister of Finance, Budget, and Economic Development from 2008 to 2010 and as Vice-President, Operations at the Islamic Development Bank.
President Tinubu expressed his expectation that the new board will work harmoniously, diligently, and with the utmost fidelity to the nation, fulfilling the BoI’s mandate to support projects that promote job creation, poverty alleviation, and improved socio-economic conditions for Nigerian families.
