President Bola Tinubu has appointed Ademola Adebise, a former Managing Director of Wema Bank, as chairman of the board of Family Homes Funds Limited (FHFL).
The appointment is in furtherance of efforts by the federal government to consolidate activities aimed at energizing the growth opportunities within the real estate sector, his spokesman, Ajuri Ngelale said in a statement on Tuesday.
Adebise, an alumnus of the University of Lagos, is 57 years old.
Tinubu also appointed Abdul Muttalab as the Chief Executive Officer/Managing Director of FHFL and Abdullahi Musa as Executive Director (Finance), while Emeka Henry Inegbu is the Executive Director (Operations).
The board also has representative of the Ministry of Finance Incorporated as Non-Executive Director and representative of the Nigeria Sovereign Investment Authority (NSIA) as Non-Executive Director.
Oters are Sam Okagbue (Non-Executive Director), Musa Ahmed (Non-Executive Director), Dr. Eniang Nkang (Non-Executive Director) and Ms. Bilkisu Usman (Non-Executive Director).
Ngelale said President Tinubu expected that the new members of the board of this important agency would deploy their expertise, experience, and commitment to steer the Family Homes Funds towards achieving its mandate of driving growth and development in the real estate sector.
