Tinubu Appoints New Board for Bank of Industry

President Bola Tinubu has approved the appointment of a new management team for the Bank of Industry Limited (BOI). This was announced in a statement by the Presidential spokesperson, Chief Ajuri Ngelale, on Monday, September 2, 2024.

The newly appointed board will be chaired by Dr. Mansur Muhtar, with Dr. Olasupo Olusi taking the role of Managing Director/Chief Executive Officer. The board includes 13 members, with key appointments such as Mrs. Ifeoma Uz’Okpala as Executive Director for Large Enterprises, Mr. Shekarau Omar as Executive Director for Micro, Small, and Medium Enterprises, and Mr. Usen Effiong as Executive Director for Corporate Services.

Dr. Mansur Muhtar brings a wealth of experience to his new role, having previously served as Minister of Finance, Budget, and Economic Development from 2008 to 2010, and as Vice-President of Operations at the Islamic Development Bank. His career spans finance, international development, public service, and academia.

The President has tasked the new board with driving the mandate of the Bank of Industry, particularly in supporting projects that enhance job creation, poverty alleviation, and the socio-economic conditions of Nigerian families. The board is expected to work harmoniously and diligently in fulfilling these goals.