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Tinubu appoints 10 new MOFI Boad of Directors

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President Bola Tinubu has authorized the nomination of former Minister of National Planning Shamsudeen Usman to the Board of Directors of the Ministry of Finance Incorporated (MOFI).

The President also selected nine members to the board.

This was stated in a statement published on Friday by Ajuri Ngelale, Special Adviser to the President on Media and Publicity.

It reads : “President Bola Tinubu has approved the appointment of ten qualified Nigerians to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI):

(1) Dr. Shamsudeen Usman — Board Chairman

(2) Dr. Armstrong Ume Takang — CEO/Managing Director

(3) Mr. Tajudeen Datti Ahmed — Executive Director, Portfolio Management

(4) Mr. Femi Ogunseinde — Executive Director, Investment Management

(5) Mrs. Oluwakemi Owonubi — Executive Director, Risk

(6) Mrs. Fatima Nana Mede — Non-Executive Director

(7) Mr. Ike Chioke — Non-Executive Director

(8) Ms. Chantelle Abdul — Non-Executive Director

(9) Mr. Alheri Nyako — Non-Executive Director

(10) Mr. Bolaji Rafiu Elelu — Non-Executive Director

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. “

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