By Amofokhai Williams
President Bola Tinubu has appointed Dr. Mansur Muhtar as the new Chairman of the Board of the Bank of Industry (BOI).
The Alarmee reports that Dr. Muhtar’s appointment is part of a broader reshuffling at the BOI, which also includes the appointment of Dr. Olasupo Olusi as the Managing Director and Chief Executive Officer.
In addition to these appointments, Mrs. Ifeoma Uz’Okpala has been named the Executive Director of Large Enterprises at the BOI.
The announcement was made on Monday in a statement released by presidential spokesperson Ajuri Ngelale.
Other key appointments to the BOI board include Mr. Shekarau Omar as Executive Director for Micro, Small & Medium Enterprises, and Mr. Usen Effiong as Executive Director for Corporate Services. Ms. Mabel Ndagi will take on the role of Executive Director for Public Sector & Intervention Programmes, while Mr. Rotimi Akinde will serve as Executive Director for Corporate Finance & Risk Management. Mallam Tajudeen Datti Ahmed has been appointed as a Non-Executive Director, representing the Ministry of Finance Incorporated.
The board also includes Mr. Adedamola Olufemi Young as Non-Executive Director representing the Central Bank of Nigeria, Reverend Isaac Adefemi Agoye as Non-Executive Director for the Manufacturers Association of Nigeria, and Mallam Muhammad Bala as Non-Executive Director for the Federal Ministry of Industry, Trade & Investment. Additionally, Mr. Oreoluwa Adeyemi and Mr. Sulaiman Musa Kadira have been appointed as Independent Non-Executive Directors.
Dr. Muhtar brings to his new role decades of experience in finance, international development, public service, and academia. His distinguished career includes serving as Nigeria’s Minister of Finance, Budget, and Economic Development from 2008 to 2010, as well as Vice-President of Operations at the Islamic Development Bank.
President Tinubu has tasked the new board with working collaboratively and with integrity to advance the BOI’s mission of supporting projects that promote job creation, poverty reduction, and the overall socio-economic improvement of Nigerian families.
