Tinubu Appoints BoI New Board As Ex-Minister Mansur Muhtar Emerges Chairman

A former Finance Minister, Dr. Mansur Muhtar has emerged as the new Chairman of the Board of Bank of Industry Limited as President Bola Tinubu reconstitutes the board.

Dr. Muhtar’s career spans decades in finance, international development, public service, and academia.

He had served as Minister of Finance, Budget and Economic Development from 2008 to 2010 and was Vice-President, Operations of the Islamic Development Bank, before his recent appointment.

According to a statement by the Presidential Spokesman, Ajuri Ngelale, the President expects the new board of the Bank of Industry to work harmoniously, diligently, and with utmost fidelity to the nation in driving the mandate of this critical institution as a development vehicle for providing support for projects that enhance job creation, poverty alleviation, and the socio-economic conditions of Nigerian families.

Other members of the Board are: 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 and Mr. Rotimi Akinde — Executive Director, Corporate Finance & Risk Management.

The board also include: Mallam Tajudeen Datti Ahmed — Non-Executive Director, representing the Ministry of Finance Incorporated, Mr. Adedamola Olufemi Young — Non-Executive Director, representing Central Bank of Nigeria, Reverend Isaac Adefemi Agoye — Non-Executive, representing Manufacturers Association of Nigeria, Mallam Muhammad Bala — Non-Executive, representing Federal Ministry of Industry, Trade & Investment, Mr. Oreoluwa Adeyemi — Independent Non-Executive Director and Mr. Sulaiman Musa Kadira — Independent Non-Executive Director