Tinubu reappoints Usman as MOFI board chair, Takang returns as CEO

President Bola Tinubu has appointed board of directors for the ministry of finance incorporated (MOFI).

In a statement by Ajuri Ngelale, special adviser to the president, media and publicity, on Friday, Shamsudeen Usman and Armstrong Takang, were reappointed as board chairman and chief executive officer (CEO)/managing director respectively.

Ngelale said the president is highly anticipating the exceptional performance of the MOFI board and management team.

“President Tinubu places a premium on accurate and purposeful performance assessment of both commercial and non-commercial government-owned enterprises, as well as on the consistent attainment of the highest returns possible on all investments made in trust of the Nigerian people,” Ngelale said.

He said the president expects nothing less than the highest level of results-driven performance from the MOFI board and management team.

Other appointments include:

° Tajudeen Datti Ahmed — executive director, portfolio management

° Femi Ogunseinde — executive director, investment management

° Oluwakemi Owonubi — executive director, risk

° Fatima Nana Mede — non-executive director

° Ike Chioke — non-executive director

° Chantelle Abdul — non-executive director

° Alheri Nyako — non-executive director

° Bolaji Rafiu Elelu — non-executive director