President Bola Ahmed Tinubu has approved new board of management for the Bank of Industry, BOI.
A statement signed on Monday by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale announced Dr. Mansur Muhtar as the new Chairman of the board of the Bank of Industry and Dr Olasupo Olusi as the new Managing Director/Chief Executive Officer of the Bank.
Dr. 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.
Other members of the newly constituted board are; Mrs. Ifeoma Uz’Okpala — Executive Director, Large Enterprises, 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
Also appointed to serve on the board are Mr. Rotimi Akinde — Executive Director, Corporate Finance & Risk Management, 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 and Reverend Isaac Adefemi Agoye — Non-Executive, representing Manufacturers Association of Nigeria.
The President also approved the nomination of Mallam Muhammad Bala as a 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.
“President Tinubu 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 the institution as a development channel for the provision of support for projects that enhance job creation, povertyalleviation, and the socio-economic conditions of Nigerian families,” the statement added.