New BOI MD

Tinubu appoints Olusi MD Bank of Industry as Olukayode resigns

Nigerian President Asiwaju Bola Ahmed Tinubu, in his continued shake-up in the federal ministry, on Thursday, appointed Dr Olasupo Olusi as the Managing Director and Chief Executive Officer of the Bank of Industry for a term of four years in the first instance.

Tinubu, in a statement by his spokesperson, Ajuri Ngelale, titled, ‘President Tinubu appoints new Bank of Industry Chief Executive Officer’, said Olusi’s appointment follows the voluntary resignation of the immediate past BoI MD and CEO, Mr Olukayode Pitan.

Prior to his appointment, Olusi served as a World Bank economist and development finance with over 20 years experience. He also served as the Economic Adviser to the Coordinating Minister of the Economy and Minister of Finance between 2011 and 2015.

He is an alumnus of Hull University, United Kingdom and also obtained a Master’s degree in International Money, Finance and Investment, as well as a doctorate in Finance and Economics from Durham University, United Kingdom, in 2005.

The President tasked the new BoI Chief Executive to ensure that Nigerians, who are operating all sizes of enterprises across the sectors, are given fair and equitable access to much-needed support to bolster employment generation and wealth creation amongst income groups in the country with special regard for lower-and-middle-income enterprise operators.

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