By Jemimah Wellington, JKNewsMedia Reporter
PRESIDENT BOLA Ahmed Tinubu has appointed a new board for the Bank of Industry Limited, entrusting them with a pivotal role in Nigeria’s economic growth.
Dr. Mansur Muhtar, OFR, now chairs the board. Dr. Olasupo Olusi steps in as Managing Director and Chief Executive Officer, with a team of seasoned professionals including Mrs. Ifeoma Uz’Okpala as Executive Director for Large Enterprises, Mr. Shekarau Omar for Micro, Small & Medium Enterprises, and Mr. Usen Effiong for Corporate Services.
Ms. Mabel Ndagi takes charge as Executive Director for Public Sector & Intervention Programmes, while Mr. Rotimi Akinde oversees Corporate Finance & Risk Management.
Non-Executive Directors include Mallam Tajudeen Datti Ahmed, representing the Ministry of Finance Incorporated, and Mr. Adedamola Olufemi Young from the Central Bank of Nigeria.
Reverend Isaac Adefemi Agoye represents the Manufacturers Association of Nigeria, with Mallam Muhammad Bala from the Federal Ministry of Industry, Trade & Investment.
Independent Non-Executive Directors Mr. Oreoluwa Adeyemi and Mr. Sulaiman Musa Kadira complete the board.
Dr. Muhtar brings decades of experience in finance, international development, and public service.
He previously served as Minister of Finance, Budget, and Economic Development from 2008 to 2010, and as Vice-President, Operations of the Islamic Development Bank.
On September 2, 2024, Ajuri Ngelale, Special Adviser to the President on Media & Publicity, emphasized the President’s expectations for the new board.
They are tasked with driving the Bank of Industry’s mandate to support projects that generate jobs, reduce poverty, and improve socio-economic conditions for Nigerian families.
