Tinubu Appoints New Board for Bank of Industry

President Bola Tinubu has announced the appointment of a new board for the Bank of Industry Limited (BOI). The update, disclosed in a statement from his spokesman, Ajuri Ngelale, reveals that Dr. Mansur Muhtar will chair the board. Muhtar, with extensive experience in finance, international development, and public service, previously served as Minister of Finance, Budget, and Economic Development from 2008 to 2010 and was Vice-President, Operations of the Islamic Development Bank.

The President’s statement emphasizes that the new BOI board is expected to work effectively and with commitment to advance the bank’s role in supporting projects that boost job creation, alleviate poverty, and improve the socio-economic conditions of Nigerians.

The newly appointed board members are:

• 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