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President Bola Tinubu has approved the appointment of ten Nigerians to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI).

Those appointed include Dr. Shamsudeen Usman — Board Chairman; Dr. Armstrong Ume Takang — CEO/Managing Director; Tajudeen Datti Ahmed — Executive Director, Portfolio Management; Femi Ogunseinde — Executive Director, Investment Management; and Oluwakemi Owonubi — Executive Director, Risk.

Others are Fatima Nana Mede — Non-Executive Director; Ike Chioke — Non-Executive Director; Chantelle Abdul — Non-Executive Director; Alheri Nyako — Non-Executive Director; and Bolaji Rafiu Elelu — Non-Executive Director.

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This was made known in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Friday, November 24, 2023.

Ngelale noted that 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.”

“As a result, the President expects nothing less than the highest level of results-driven performance from this highly experienced and qualified MOFI Board and Management team,” he added.

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