₦airaland Forum

President Bola Ahmed Tinubu has appointed a new board for the Bank of Industry (BoI) Limited, signaling a fresh start for the nation’s premier development finance institution.

This was contained in a statement on Monday by Special Adviser to the President on Media and Publicity, Ajuri Ngelale and obtained by News360 Nigeria .

Dr. Mansur Muhtar, a veteran finance expert and former Minister of Finance, will chair the 13-member board, which includes seasoned professionals from various fields.

Dr. Olasupo Olusi takes the reins as Managing Director/Chief Executive Officer, bringing his wealth of experience to the helm of the bank.

Other members of the board include 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; and Mr. Rotimi Akinde, Executive Director, Corporate Finance & Risk Management.

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

Tinubu tasked the new board with working harmoniously and diligently to achieve the bank’s objectives, saying “the nation expects nothing but the best from this critical institution”.

The appointments take effect immediately, with the new board set to commence work on the bank’s strategic plans and programs.

“President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the Bank of Industry Limited:

[b]“Dr. Mansur Muhtar, OFR, — Chairman; Dr. Olasupo Olusi — Managing Director/Chief Executive Officer; Mrs. Ifeoma Uz’Okpala — Executive Director, Large Enterprises; Mr. Shekarau Omar — Executive Director, Micro, Small & Medium Enterprises; Mr. Usen Effiong — Executive Director, Corporate Services.

“Others are Ms. Mabel Ndagi — Executive Director, Public Sector & Intervention Programmes; 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; 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; Mr. Sulaiman Musa Kadira — Independent Non-Executive Director.
[/b]
“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.

“The President 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 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,”the statement reads.

Dapromzy333:
President Bola Ahmed Tinubu has appointed a new board for the Bank of Industry (BoI) Limited, signaling a fresh start for the nation’s premier development finance institution.

This was contained in a statement on Monday by Special Adviser to the President on Media and Publicity, Ajuri Ngelale and obtained by News360 Nigeria .

Dr. Mansur Muhtar, a veteran finance expert and former Minister of Finance, will chair the 13-member board, which includes seasoned professionals from various fields.

Dr. Olasupo Olusi takes the reins as Managing Director/Chief Executive Officer, bringing his wealth of experience to the helm of the bank.

Other members of the board include 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; and Mr. Rotimi Akinde, Executive Director, Corporate Finance & Risk Management.

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

Tinubu tasked the new board with working harmoniously and diligently to achieve the bank’s objectives, saying “the nation expects nothing but the best from this critical institution”.

The appointments take effect immediately, with the new board set to commence work on the bank’s strategic plans and programs.

“President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the Bank of Industry Limited:

“Dr. Mansur Muhtar, OFR, — Chairman; Dr. Olasupo Olusi — Managing Director/Chief Executive Officer; Mrs. Ifeoma Uz’Okpala — Executive Director, Large Enterprises; Mr. Shekarau Omar — Executive Director, Micro, Small & Medium Enterprises; Mr. Usen Effiong — Executive Director, Corporate Services.

“Others are Ms. Mabel Ndagi — Executive Director, Public Sector & Intervention Programmes; 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; 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; Mr. Sulaiman Musa Kadira — Independent Non-Executive Director.

“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.

“The President 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 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,”the statement reads.

https://news360ng.com/tinubu-appoints-new-directors-for-boi-names-mansur-muhtar-as-chairman/

LadyExcellency:
All eyes are on Dr. Olasupo Olusi — Managing Director/Chief Executive Officer. Can he do the job? SMEs and Startups are packing up while politicians are beneficiaries of the largesse.

Sirianese:
The structure of rampant physical and spiritual criminality brazenly fostered by APC has now been firmly rooted in the upper echelons of earth society!

Bobloco:
He absolutely cannot do the job

efighter:
Please post the curriculum vitae of your biological father here, let’s see if he is qualified for the job

MadPolitician:
Then bank of Industry, which is supposed to be the catalyst for rapid industrial revolution across the length and breath of this country, has been turned into a regional bank. According to the investigations of the National Assembly, most of the bank loans were disbursed to businesses around the Lagos/South West areas of the country.

Tochi3:


Thief'nubu has taken tribalism, nepotism and bigotry to a whole New heigths..

..how does he think appointing 3 yorubas into non executive positions without other regions..

..this parapo maladministration of yorubas has already destroyed the country financially & the security in the land is nothing to write home about..

..he still appointing on the basis of parapo tribalism..& tommorrow they will blame the Igbos for their incompetence & rascalities..

efighter:
You go just slump and die over nothing. We will run this government the way we like for 8 years. After 8 years, we will hand over to one of our boys from the North, anybody wey wan die, make he die

EcoNews:
Do not mind that useless Tinubu the chairman he appointed Dr. Mansur Muhtar is also from Iragbaji in Osun Tinubu's hometown according to your disillusioned Igbo head.

MadPolitician:
Then bank of Industry, which is supposed to be the catalyst for rapid industrial revolution across the length and breath of this country, has been turned into a regional bank. According to the investigations of the National Assembly, most of the bank loans were disbursed to businesses around the Lagos/South West areas of the country.

This means that while successive governments warehouse funds in this bank for lending across regions, the leadership of the bank prefers to utilise these funds to develop only areas either favoured by the government of the day, or by the directors of the bank, while other parts of the country rots.

This is so because village politics in this country has turned the banking sector into a feudal reserve of certain enclaves. This becomes even more frightening if you realise that there is no single example of any successful country that has been able to progress without a fair a robust banking system. Nigeria is not one city state like Singapore or Dubai. Nigeria is a multi city state. Everything should not be concentrated in Lagos.

Sirianese:
The structure of rampant physical and spiritual criminality brazenly fostered by APC has now been firmly rooted in the upper echelons of earth society!

davodyguy:
You know how many Igbo get loan from BOI.

Lagos have investors from every where in the world and BOI fund businesses including SunFlag that doesn't belong to Nigerians.

They fund lots of Igbo owed businesses as well based in Lagos

efighter:
Please post the curriculum vitae of your biological father here, let’s see if he is qualified for the job

efighter:
You go just slump and die over nothing. We will run this government the way we like for 8 years. After 8 years, we will hand over to one of our boys from the North, anybody wey wan die, make he die

LadyExcellency:
All eyes are on Dr. Olasupo Olusi — Managing Director/Chief Executive Officer. Can he do the job? SMEs and Startups are packing up while politicians are beneficiaries of the largesse.