Tinubu appoints new board for Bank of Industry, names Mansur Muhtar as chair

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President Bola Tinubu has approved the appointment of qualified Nigerians to the board of the Bank of Industry Limited.

In a statement released on Monday titled “President Tinubu Appoints New Board of the Bank of Industry Limited,” Presidential spokesman Ajuri Ngelale announced that Mansur Muhtar has been appointed as the Chairman of the board.

The statement added that Muhtar’s career spans decades in finance, international development, public service, and academia.

It continued, “He 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.

“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.”

Below are the members of the Bank of Industry board:

Dr. Mansur Muhtar, OFR – Chairman

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

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Mr. Adedamola Olufemi Young – Non-Executive Director, representing the Central Bank of Nigeria

Reverend Isaac Adefemi Agoye – Non-Executive Director, representing the Manufacturers Association of Nigeria

Mallam Muhammad Bala – Non-Executive Director, representing the Federal Ministry of Industry, Trade & Investment

Mr. Oreoluwa Adeyemi – Independent Non-Executive Director

Mr. Sulaiman Musa Kadira – Independent Non-Executive Director