The Presidency, Friday, announced the approval by President Bola Tinubu of the appointment of a ten-member Board of Directors for the Ministry of Finance Incorporated (MOFI).
A statement issued in Abuja by the Special Adviser to the President on Media and Publicity, Mr. Ajuri Ngelale, named Dr. Shamsudeen Usman, a former Minister Finance (June 2007-january 2009) and Minister of National Planning (January 2009-September 2013) as Chairman of the ten member-Board.
Here is the full list of the members of the Board:
(1) Dr. Shamsudeen Usman — Board Chairman
(2) Dr. Armstrong Ume Takang — CEO/Managing Director
(3) Mr. Tajudeen Datti Ahmed — Executive Director, Portfolio Management
(4) Mr. Femi Ogunseinde — Executive Director, Investment Management
(5) Mrs. Oluwakemi Owonubi — Executive Director, Risk
(6) Mrs. Fatima Nana Mede — Non-Executive Director
(7) Mr. Ike Chioke — Non-Executive Director
(8) Ms. Chantelle Abdul — Non-Executive Director
(9) Mr. Alheri Nyako — Non-Executive Director
(10) Mr. Bolaji Rafiu Elelu — Non-Executive Director
Of the appointments, Ngelale said: “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. As a result, the President expects nothing less than the highest level of results-driven performance from this highly experienced and qualified MOFI Board and Management team.”
