Business

Tinubu Names Olasupo Olusi As CEO Bank of Industry

President Bola Tinubu has approved the appointment of Dr. Olasupo Olusi  as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a term of four years in the first instance.

According to a release issued on Thursday by presidential spokesperson, Ajuri Ngelale, the President’s approval of Olusi’s appointment followed the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.

President Tinubu tasked 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.

Olusi has served as a World Bank economist and development finance expert over the past 20 years. 

Between 2011 and 2015, Olusi served as the economic adviser to 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.

Deji Elumoye in Abuja 

Follow us on:

AriseNews

Recent Posts

Donald Trump Meets Argentina’s President Javier Milei Ahead of CPAC Investor Summit

Donald Trump welcomed Argentina's President Javier Milei to Mar-a-Lago, calling it an “honor” ahead of…

10 hours ago

President Tinubu Confers a Posthumous National Honour on Taoreed Lagbaja

President Tinubu has awarded the Commander of the Federal Republic (CFR) honour to late Chief…

10 hours ago

Israeli Airstrikes Target Emergency Centers in Lebanon, Killing at Least 21 Rescue Workers

Israeli airstrikes on emergency response centers in Lebanon has killed 21 rescue workers, escalating tensions…

11 hours ago

Croatian Health Minister Sacked Amid Corruption Probe

Croatian Health Minister Vili Beros has been sacked after his arrest on corruption charges involving…

12 hours ago

Cholera Suspected Behind Mysterious Deaths In Sudanese Town

Cholera is suspected as the cause of the mass death in Sudan’s besieged town of…

12 hours ago

Nigeria’s Inflation Rate Rises To 33.88% In October Amid Ongoing Economic Strain

Nigeria's inflation rate climbed to 33.88% in October, from 32.7% in September, marking a second…

15 hours ago