Business and Economy

President Tinubu Appoints Dr. Shamsudeen Usman and 9 others to the Board of Ministry of Finance Incorporated (MOFI)

President Bola Ahmed Tinubu has approved the appointment of Dr. Shamsudeen Usman as Board Chairman and nine other eminent Nigerians to the Board of Directors of the Ministry of Finance Incorporated (MOFI). The new appointees are:

  • (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

Accurate and deliberate performance evaluation of government-owned businesses, both commercial and non-commercial, is highly valued by President Tinubu. He also prioritizes consistently achieving the maximum returns on all investments made with the confidence of the Nigerian people. Because of this, the President demands nothing less than the best performance possible from this extremely skilled and knowledgeable MOFI Board and Management team, focused on achieving outcomes.

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