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Home Latest News

Tinubu Appoints New BoI Chief Executive | METROWATCH

Seyi Babalola by Seyi Babalola
October 20, 2023
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Bola Tinubu

*President Bola Tinubu

By Ismail Abdulaziz

President Bola Tinubu has approved the appointment of Dr Olasupo Olusi as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a term of four years in the first instance.

The appointment was announced in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Thursday in Abuja.

The statement said the appointment of Olusi followed the voluntary resignation of the former BOI Managing Director and Chief Executive Officer, Mr Olukayode Pitan.

“Olusi has served as a World Bank economist and development finance expert over the past 20 years.

“Between 2011 and 2015, Olusi served as the economic adviser to then Coordinating Minister of the Economy and Minister of Finance.

READ ALSO  Okowa Denies Taking Fresh N120Bn Loan, Accuses APC of Falsehood

“He is an alumnus of Hull University, United Kingdom,” said the statement.

Olusi also obtained a Masters degree in International Money, Finance, and Investment, as well as a Doctorate in Finance & Economics from Durham University, United Kingdom, in 2005.

The President tasked the new BOI Chief Executive to ensure that Nigerians operating all sizes of enterprises across sectors were given fair and equitable access to much needed support.

He said this would bolster employment generation and wealth creation among income groups in the country with special regard for lower and middle income enterprise operators.

(NAN)

Tags: BOLA TINUBU
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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