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Buhari renews appointment of NEXIM Executive

President Muhammadu Buhari has approved the re-appointment of the entire executive management of Nigeria Export-Import (NEXIM) Bank for another term of five (5) years.

The reappointment takes effect from April 10, 2022, according to a statement.

The statement said the reappointment is based on the team’s “exemplary performance and achievements in the discharge of their mandate”.

The team comprises of Abba Bello, managing director and chief executive officer; Bala Bello, executive director (corporate services), and Stella Erhuvwu Okotete, executive director (business development).

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“The team has over the last five years worked tirelessly to reposition the Bank and significantly turnaround its performance,” the statement read.

“Between 2017 and 2022, their leadership and direction has resulted in the growth of Bank Balance Sheet by 222%, and over 800% growth in profitability.”

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