President Bola Tinubu has approved the appointment of Dr. Mansur Muhtar as the new Chairman of the Board of the Bank of Industry Limited.

This appointment is part of a broader restructuring of the bank’s leadership, with Dr. Olasupo Olusi also named as the Managing Director/Chief Executive Officer.

The newly appointed board members include:

  • 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 Central Bank of Nigeria)
  • Reverend Isaac Adefemi Agoye (Non-Executive Director, representing Manufacturers Association of Nigeria)
  • Mallam Muhammad Bala (Non-Executive Director, representing Federal Ministry of Industry, Trade & Investment)
  • Mr. Oreoluwa Adeyemi (Independent Non-Executive Director)
  • Mr. Sulaiman Musa Kadira (Independent Non-Executive Director)

In a statement released on Monday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity), it was highlighted that Dr. Muhtar brings a wealth of experience in finance, international development, public service, and academia to his new role. His past roles include serving as Minister of Finance, Budget, and Economic Development from 2008 to 2010 and Vice-President of Operations at the Islamic Development Bank.