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Tinubu appoints ex-minister Shamsudeen Usman, nine others as directors of finance ministry incorporated



Tinubu appoints Shamsudeen Usman as director of the Ministry of Finance

President Bola Tinubu on Friday appointed former Minister of Finance, Dr. Shamsudeen Usman, and nine others to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI).

Chronicle NG reports that Usman appointment was one of the ten made by President Tinubu.

This follows the President’s drive for “accurate and purposeful performance assessment of both commercial and non-commercial government-owned enterprises and the consistent attainment of the highest returns possible on all investments made in trust of Nigerians,” Ajuri Ngelale, Tinubu’s Special Adviser on Media and Publicity, said in a statement.

The appointees include the CEO/Managing Director, Dr. Armstrong Takang; Executive Director, Portfolio Management, Mr. Tajudeen Ahmed; Executive Director, Investment Management, Mr. Femi Ogunseinde; and Executive Director, Risk, Mrs. Oluwakemi Owonubi.

Others are five non-executive directors, namely: Mrs. Fatima Mede, Mr. Ike Chioke, Ms. Chantelle Abdul, Mr. Alheri Nyako, and Mr. Bolaji Elelu.


The President said he 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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