President Bola Tinubu has approved the appointment of new board members for the Bank of Industry Limited, bringing in a team of qualified Nigerians to steer the institution.
In a statement released on Monday by the President’s spokesperson, Ajuri Ngelale, it was announced that Dr. Mansur Muhtar has been appointed as the Chairman of the board. Dr. Muhtar’s extensive career spans finance, international development, public service, and academia.
He previously served as Minister of Finance, Budget, and Economic Development from 2008 to 2010 and was the Vice-President of Operations at the Islamic Development Bank before this new role.
The President expressed his expectations for the new board to work diligently and in harmony, emphasizing the importance of the Bank of Industry as a development vehicle. The institution is tasked with supporting projects that enhance job creation, poverty alleviation, and the overall socio-economic conditions of Nigerian families.
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Board Members 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
- 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 the Central Bank of Nigeria
- Reverend Isaac Adefemi Agoye – Non-Executive Director, representing the Manufacturers Association of Nigeria
- Mallam Muhammad Bala – Non-Executive Director, representing the Federal Ministry of Industry, Trade & Investment
- Mr. Oreoluwa Adeyemi – Independent Non-Executive Director
- Mr. Sulaiman Musa Kadira – Independent Non-Executive Director
