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NEWS

Tinubu Sets Up Finance Ministry Incorporated, Names Board of Directors

November 25, 2023 1 min read

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

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

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

Wale Edun, Finance Minister

President Tinubu places 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 for 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.