President Tinubu appoints new Bank of Industry board
By Oluwaseyi Lawal
President Bola Tinubu has authorized the formation of a new 13-member board for the Bank of Industry (BoI), appointing Dr. Mansur Muhtar as Chairman and Dr. Olasupo Olusi as Managing Director/Chief Executive Officer respectively.
In a statement released on Monday by presidential spokesperson Ajuri Ngelale, President Bola Tinubu also appointed 11 directors to the Bank of Industry (BoI), consisting of five executive and six non-executive members.
The Executive Directors are Mrs. Ifeoma Uz’Okpala for Large Enterprises; Mr. Shekarau Omar for Micro, Small & Medium Enterprises; Mr. Usen Effiong for Corporate Services; Ms. Mabel Ndagi for Public Sector & Intervention Programmes; and Mr. Rotimi Akinde for Corporate Finance & Risk Management.
The statement notes that the non-executive directors include Mallam Tajudeen Datti Ahmed, representing the Ministry of Finance Incorporated; Mr. Adedamola Olufemi Young, representing the Central Bank of Nigeria; Rev. Isaac Adefemi Agoye, representing the Manufacturers Association of Nigeria; Mallam Muhammad Bala, representing the Federal Ministry of Industry, Trade & Investment; and Independent Non-Executive Directors, Mr. Oreoluwa Adeyemi and Mr. Sulaiman Musa Kadira.
Muhtar, whose extensive career spans finance, international development, public service, and academia, previously served as Minister of Finance, Budget, and Economic Development from 2008 to 2010, and as Vice-President of Operations at the Islamic Development Bank before his recent appointment.
The president anticipates that the new BoI board will collaborate effectively, work diligently, and serve the nation with the highest integrity, focusing on the institution’s mission to support projects that promote job creation, reduce poverty, and improve the socio-economic well-being of Nigerian families.
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