Business

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

BY Bunmi Aduloju

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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.

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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

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° Femi Ogunseinde — executive director, investment management

° Oluwakemi Owonubi — executive director, risk

° Fatima Nana Mede — non-executive director

° Ike Chioke — non-executive director

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° Chantelle Abdul — non-executive director

° Alheri Nyako — non-executive director

° Bolaji Rafiu Elelu — non-executive director

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