President Bola Tinubu has announced the appointment of a new board for the Bank of Industry (BOI), with Mansur Muhtar named as the board chairman, Okay.ng reports.
Ajuri Ngelale, special adviser to the president on media and publicity, confirmed the appointments in a statement on Monday. The new board is composed of key figures in finance and industry, reflecting the president’s commitment to strengthening the BOI’s role in national development.
Mansur Muhtar, the newly appointed chairman, brings decades of experience in finance, international development, public service, and academia to the role. He previously served as Nigeria’s Minister of Finance, Budget, and Economic Development from 2008 to 2010, and most recently, as Vice-President of Operations at the Islamic Development Bank.
The full list of the new BOI board members is as follows:
- Mansur Muhtar – Chairman
- Olasupo Olusi – Managing Director and CEO
- Ifeoma Uz’Okpala – Executive Director of Large Enterprises
- Shekarau Omar – Executive Director of Micro, Small, and Medium Enterprises
- Usen Effiong – Executive Director of Corporate Services
- Mabel Ndagi – Executive Director of Public Sector and Intervention Programmes
- Rotimi Akinde – Executive Director of Corporate Finance and Risk Management
- Tajudeen Datti Ahmed – Non-Executive Director, representing the Ministry of Finance Incorporated
- Adedamola Olufemi Young – Non-Executive Director, representing the Central Bank of Nigeria (CBN)
- Isaac Adefemi Agoye – Non-Executive Director, representing the Manufacturers Association of Nigeria (MAN)
- Muhammad Bala – Non-Executive Director, representing the Federal Ministry of Industry, Trade, and Investment
- Oreoluwa Adeyemi – Independent Non-Executive Director
- Sulaiman Musa Kadira – Independent Non-Executive Director
In his statement, Ngelale emphasized that President Tinubu expects the new board to work collaboratively, with a focus on advancing BOI’s mandate as a critical development vehicle. The president urged the board to drive initiatives that promote job creation, poverty alleviation, and the overall improvement of socio-economic conditions for Nigerian families.
