Tinubu appoints new BOI board, names Mansur Muhtar chairman

President Bola Tinubu has appointed a new board for the Bank of Industry (BOI).

In a statement on Monday, Ajuri Ngelale, special adviser to the president on media and publicity, said Tinubu appointed Mansur Muhtar as the board chairman.

Other board members are Olasupo Olusi, managing director and chief executive officer (CEO), Ifeoma Uz’Okpala, executive director of large enterprises, and Shekarau Omar, executive director of micro, small and medium enterprises.

Also on the board are Usen Effiong, executive director of corporate services, Mabel Ndagi, executive director of public sector, and intervention programmes, and Rotimi Akinde, executive director of corporate finance and risk management.

Tinubu also appointed 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, representing the Manufacturers Association of Nigeria (MAN).

Others are Muhammad Bala, non-executive, representing the federal ministry of industry, trade and investment, Oreoluwa Adeyemi, independent non-executive director, and Sulaiman Musa Kadira, independent non-executive director.

According to Ngelale, Muhtar’s career spans decades in finance, international development, public service, and academia.

He served as minister of finance, budget and economic development from 2008 to 2010, and was vice-president, operations, the Islamic Development Bank, before his recent appointment.

Ngelale said 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 BOI as a development vehicle for providing support for projects that enhance job creation, poverty alleviation, and the socio-economic conditions of Nigerian families.