Breaking: Tinubu Appoints Olasupo Olusi as MD, CEO of Bank of Industry
- President Tinubu has confirmed the appointment of Dr. Olasupo Olusi as the MD and CEO of the Bank of Industry (BOI)
- This was made known in a statement on Thursday by the presidential spokesman, Ajuri Ngelale.
- According to the statement, Olusi served as a World Bank economist and development finance expert over the past 20 years
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State House, Abuja - President Bola Ahmed Tinubu has appointed Dr. Olasupo Olusi as the managing director and Chief Executive Officer (CEO) of the Bank of Industry (BOI) for a term of four (4) years in the first instance.
Source: Facebook
Tinubu confirms Dr. Olasupo Olusi's appointment
Ajuri Ngelale, the special adviser to the president on media and publicity announced the appointment in a terse statement issued on Thursday, October 19.
According to the statement released by an aide to the president on social media, @DOlusegun via his X page (formerly known as Twitter), Dr. Olusi's appointment follows the voluntary resignation of former BOI managing director and chief executive officer, Mr. Olukayode Pitan.
Important details of Dr.Olusi, the new BOI chief
The statement further affirmed that Dr. Olasupo Olusi, prior to his recent appointment, has served as a World Bank economist and development finance expert over the past 20 years.
Between 2011 and 2015, Dr. Olusi served as the economic adviser to then Coordinating Minister of the Economy and Minister of Finance. He is an alumnus of Hull University, United Kingdom. He also obtained a Masters degree in International Money, Finance, and Investment, as well as a Doctorate in Finance and Economics from Durham University, United Kingdom, in 2005.
"President Tinubu tasks the new BOI Chief Executive to ensure that Nigerians, who are operating all sizes of enterprises across sectors, are given fair and equitable access to much-needed support in order to bolster employment generation and wealth creation amongst income groups in the country with special regard for lower and middle-income enterprise operators," Ngelale stated.
Tinubu appoints Muhammed Abu Ibrahim as CEO of NADF
Earlier, Legit.ng reported that President Tinubu approved the appointment of Mr. Muhammed Abu Ibrahim to serve as the Executive Secretary and Chief Executive Officer of the National Agricultural Development Fund (NADF).
Chief Ajuri Ngelale, the special adviser to the president on media and publicity, confirmed the development in a statement issued on Thursday and noted that Mr. Ibrahim's appointment takes immediate effect.
Drama as Tinubu revokes appointment of 24-year-old FERMA chairman
Meanwhile, President Tinubu ordered the removal of Imam Kashim Imam as the nominee for the position of Chairman of the Federal Roads Maintenance Agency (FERMA) Board of Directors.
According to a statement released on Thursday, October 19, this development was made known by the President's special adviser on media and publicity, Ajuri Ngelale.
It was gathered that the withdrawal of Imam's nomination is effective immediately.
Source: Legit.ng
