Northern Nigerian Breaking News

Tinubu appoints ex-minister Usman, Elelu, 8 others as Directors into MOFI Board

President Bola Tinubu has appointed a former Minister of Finance, Dr Shamsudeen Usman, and nine others to serve on the Board of Directors of the Ministry of Finance Incorporated.

This was announced in a statement issued by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, on Friday in Abuja.

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‘’This follows the President’s drive for “accurate and purposeful performance assessment of both commercial and non-commercial government-owned enterprises and the consistent attainment of the highest returns possible on all investments made in trust of Nigerians,” the statement said.

According to the statement, the appointees include the board Chairman, Dr. Shamsudeen Usman, CEO/Managing Director, Dr. Armstrong Takang; Executive Director, Portfolio Management, Mr. Tajudeen Ahmed; Executive Director, Investment Management, Mr. Femi Ogunseinde; and Executive Director, Risk, Mrs. Oluwakemi Owonubi.

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Others are five non-executive directors namely: Mrs. Fatima Mede, Mr. Ike Chioke, Ms. Chantelle Abdul, Mr. Alheri Nyako, and Mr. Bolaji Elelu.

The President said he expects “nothing less than the highest level of results-driven performance from this highly experienced and qualified MOFI Board and Management team.”

 

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