Tinubu Appoints New MD For Bank Of Industry

By Damilare Adeleye

President Bola Tinubu has appointed Dr. Olasupo Olusi to serve as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI).

It is understood that the appointment is to be in effect for a term of four (4) years in the first instance.

Ajuri Ngelale, Special Adviser to the President Media & Publicity said this in a statement released on Thursday.

He said the President’s approval of Dr. Olusi’s appointment was sequel to the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.

According to him, “Dr. Olasupo Olusi has served as a World Bank economist and development finance expert over the past 20 years. Between 2011 and 2015, Dr. Olusi served as the economic adviser to the then Coordinating Minister of the Economy and Minister of Finance. He is an alumnus of Hull University, United Kingdom. He also obtained a Masters degree in International Money, Finance, and Investment, as well as a Doctorate in Finance & Economics from Durham University, United Kingdom, in 2005.”

Ngelale added that President charged the new BOI Chief Executive “to ensure that Nigerians, who are operating all sizes of enterprises across sectors, are given fair and equitable access to much needed support in order 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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