President Bola Tinubu has appointed 13 persons into the board of the Bank of Industry (BOI).
In a statement released on Monday, Ajuri Ngelale, the president’s special adviser on media and publicity, announced that Tinubu appointed Mansur Muhtar to serve as the Chairman of the Board.
The other members of the board include Olasupo Olusi, the managing director and chief executive officer (CEO), Ifeoma Uz’Okpala, the executive director of large enterprises, and Shekarau Omar, the executive director of micro, small, and medium enterprises.
Also appointed are Usen Effiong, the executive director of corporate services, Mabel Ndagi, the executive director of public sector and intervention programmes, and Rotimi Akinde, the executive director of corporate finance and risk management.
Furthermore, Tinubu appointed Tajudeen Datti Ahmed as a non-executive director representing the Ministry of Finance Incorporated, Adedamola Olufemi Young as a non-executive director representing the Central Bank of Nigeria (CBN), and Isaac Adefemi Agoye as a non-executive director representing the Manufacturers Association of Nigeria (MAN).
Additionally, Muhammad Bala serves as a non-executive director representing the Federal Ministry of Industry, Trade and Investment, while Oreoluwa Adeyemi and Sulaiman Musa Kadira join as independent non-executive directors.
According to Ngelale, Muhtar’s career spans decades across finance, international development, public service, and academia. He previously served as the Minister of Finance, Budget, and Economic Development from 2008 to 2010 and held the position of Vice-President for Operations at the Islamic Development Bank before this latest appointment.
Ngelale indicated that the president anticipates the new BOI board to collaborate effectively, work diligently, and uphold their commitment to the nation in fulfilling BOI’s mandate as a key development vehicle aimed at enhancing job creation, alleviating poverty, and improving the socio-economic conditions of Nigerian families.
