Categories: News

Buhari Appoints New Federal Mortgage Bank Directors

President Muhammadu Buhari has approved the reconstitution of the Board of the Federal Mortgage Bank of Nigeria (FMBN).

The Senior Special Assistant to the President on, Media and Publicity, Malam Garba Shehu, in a statement issued on Thursday, said the approval was given with a view to repositioning the bank as a core banking institution with core competence in mortgage finance.

He recalled that the President had, in January this year, appointed Mr Ayodeji Ariyo Gbeleyi, a Chartered Accountant and a well-known financial expert, as Chairman of the Board.

Shehu said in the new Board, Hamman Madu representing the Northeast zone with a background of over 30 years in the mortgage industry is the Managing Director/ Chief Executive Officer.

Other members, according to him, are: Umar Zubaida, Executive Director, Finance and Corporate Services representing the Northwest zone; Chukwuma Kingsley, Executive Director, Business Development & Portfolio Management (BD&PM) representing the Southsouth zone; Mustapha Lukman Olayiwola, Executive Director, Loans & Mortgage Services (L&MS) representing the Northcentral zone; Asein Abimbola from the Southwest zone representing the Federal Ministry of Works and Housing; Ejezie Sandra Nkechi, Southeast, representing the Public as well as two representatives of the Central Bank of Nigeria.

Recent Posts

PH Refinery Fully Operational – NNPC

The Nigerian National Petroleum Company (NNPC) Limited says the old Port Harcourt refinery has not…

12 mins ago

Again, Scores Feared Dead As Rice Sharing Causes Stampede In Anambra

An unconfirmed number of residents of Okija community in Anambra state have reportedly lost their…

19 mins ago

Ibadan Stampede: Old Students Demand Release Of Detained School Principal

Old students of Islamic High School, Basorun, Ibadan, Oyo State, the venue of the Ibadan…

22 mins ago

Trending Stories In Osun Today

In Osun State today, the pulse of the people is abuzz with various stories that…

39 mins ago

Dec 21: Dollar To Naira Rate (Black Market)

As of today, December 21, 2024, the Nigerian naira has depreciated to an unprecedented level…

44 mins ago

Jubilation As Gov Ododo, Others Welcome Yahaya Bello To Govt House (Video)

•As Netizens Lampoon Governor Former Kogi State Governor, Yahaya Bello, has been released from Kuje…

4 hours ago

This website uses cookies.