President Bola Tinubu has approved the appointment of new board members for the Bank of Industry (BoI).

Former minister of state for finance, Mansur Muhthar is the chair of the newly approved BOI board.

Others are 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, while Mr Usen Effiong is the Executive Director, Corporate Services.

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

Also listed is Reverend Isaac Adefemi Agoye – Non-Executive, representing the Manufacturers Association of Nigeria, Mallam Muhammad Bala – Non-Executive, representing Federal Ministry of Industry, Trade & Investment, Mr. Oreoluwa Adeyemi – Independent Non-Executive Director and Mr. Sulaiman Musa Kadira – Independent Non-Executive Directo.

”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,” Ajuri Ngelale, presidential spokesman, said in a statement.