President Bola Tinubu has approved the appointment and constitution of Bank of Industry Limited board.

In a statement on Monday by the President’s spokesman, Ajuri Ngelale, said the President appointed Mansur Muhtar as the board’s Chairman.

The statement added that Muhtar’s career spans decades in finance, international development, public service, and academia.

He said “He served as Minister of Finance, Budget and Economic Development from 2008 to 2010 and was Vice-President, Operations of the Islamic Development Bank before his recent appointment.

“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 this critical institution as a development vehicle for providing support for projects that enhance job creation, poverty alleviation, and the socio-economic conditions of Nigerian families.”

Below are the members of the board:

Dr. Mansur Muhtar, OFR – Chairman

Dr. Olasupo Olusi – Managing Director/Chief Executive Officer

Mrs. Ifeoma Uz’Okpala – Executive Director, Large Enterprises

Mr. Shekarau Omar – Executive Director, Micro, Small & Medium Enterprises

Mr. Usen Effiong – Executive Director, Corporate Services

Ms. Mabel Ndagi – Executive Director, Public Sector & Intervention Programmes

Mr. Rotimi Akinde – Executive Director, Corporate Finance & Risk Management

Mallam Tajudeen Datti Ahmed – Non-Executive Director, representing the Ministry of Finance Incorporated

Mr. Adedamola Olufemi Young – Non-Executive Director, representing the Central Bank of Nigeria

Reverend Isaac Adefemi Agoye – Non-Executive Director, representing the Manufacturers Association of Nigeria

Mallam Muhammad Bala – Non-Executive Director, representing the Federal Ministry of Industry, Trade & Investment