ASSETS & FINANCIALS

Buhari appoints CEO, executive directors for agric bank

Buhari appoints CEO, executive directors for agric bank
President Muhammadu Buhari

President Muhammadu Buhari has approved the appointment of an interim managing director/chief executive officer, as well as executive directors for the Bank of Agriculture.

The appointments were announced by the Federal Ministry of Agriculture and Rural Development on Thursday in a statement issued by the Deputy Director, Information, Mrs. Blessing Lere-Adams.

The FMARD stated that the appointments would support the Buhari administration in achieving its vision in the agricultural sector, particularly in promoting easy access to funds needed to boost farming across the country.

It said, “These appointments are as a result of the Federal Government’s determination to reposition the Bank of Agriculture to be a more efficient and result-oriented institution. The strategic re-positioning of the BoA will enhance farmers’ access to agricultural funds that will be profitable for large and small-scale players.

“This is because the availability of funds will no doubt increase production, which will eventually result in self-sufficiency.”

The statement named the appointees as Kabiru Mohammed, interim MD/CEO; Prince Akenzua, South-South, Executive Director, Corporate Finance; Dr. Okenwa Gabriel, South-East, Executive Director, Partnerships and Strategy; Ameh Owoicho, North-Central, Executive Director, Credit and Empowerment; and Bode Abikoye, South-West, Executive Director, Credit and Empowerment.

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