Dr. Mansur Muhtar's appointment is hoped to redefine leadership and steer the Bank of Industry into a new era of economic growth and innovation
Abuja, EPICSTORIAN – President Bola Tinubu has confirmed the appointment Dr. Mansur Muhtar, OFR, as chairman of a new board for the Bank of Industry Limited, selecting several distinguished Nigerians to key positions within the institution.
Dr. Mansur Muhtar, OFR, has been named Chairman of the board, while Dr. Olasupo Olusi will assume the role of Managing Director and Chief Executive Officer, according to State House Media report on Tuesday.
A handful of other qualified Executive Directors to work alongside Dr. Mansur Muhtar
Other appointed personalities by the president include Mrs. Ifeoma Uz’Okpala, Executive Director of Large Enterprises, Mr. Shekarau Omar as Executive Director of Micro, Small & Medium Enterprises, and Mr. Usen Effiong as Executive Director of Corporate Services.
Additionally, Ms. Mabel Ndagi will serve as Executive Director of Public Sector & Intervention Programmes, while Mr. Rotimi Akinde takes on the role of Executive Director of Corporate Finance & Risk Management.
The board also includes several Non-Executive Directors: Mallam Tajudeen Datti Ahmed, representing the Ministry of Finance Incorporated; Mr. Adedamola Olufemi Young, representing the Central Bank of Nigeria; Reverend Isaac Adefemi Agoye, representing the Manufacturers Association of Nigeria; and Mallam Muhammad Bala, representing the Federal Ministry of Industry, Trade & Investment.
Independent Non-Executive Directors Mr. Oreoluwa Adeyemi and Mr. Sulaiman Musa Kadira round out the board appointments.
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Dr. Muhtar brings a wealth of experience, with a career spanning several decades in finance, international development, public service, and academia. His previous roles include serving as Minister of Finance, Budget and Economic Development from 2008 to 2010, and as Vice-President of Operations at the Islamic Development Bank.
Tinubu urged the appointed Chairman of Bank of Industry, Dr. Mansur Muhtar, and his team in the new board to show integrity:
President Tinubu expressed confidence in the new board, urging them to work collaboratively and with integrity to fulfill the bank’s mission.
He emphasized the importance of their role in advancing the bank’s mandate as a key development institution, tasked with supporting projects that foster job creation, reduce poverty, and improve the socio-economic conditions of Nigerian families.
The News Summary:
- President Bola Tinubu appointed Dr. Mansur Muhtar, OFR, as the Chairman of the Bank of Industry’s new board.
- Dr. Olasupo Olusi named as the Managing Director and CEO.
- The board reshuffle includes several other key appointments, such as Mrs. Ifeoma Uz’Okpala as Executive Director of Large Enterprises and Mr. Shekarau Omar as Executive Director of Micro, Small & Medium Enterprises.
- The new board, comprising both executive and non-executive directors, is expected to drive the bank’s mission of fostering economic growth, job creation, and poverty reduction in Nigeria.
- President Tinubu emphasized the need for integrity and collaboration within the board to achieve these goals.
