Buhari Approves New Appointments, Names Madu MD of Federal Mortgage Bank

• There has been a reconstitution of the board of the Federal Mortgage Bank of Nigeria which takes effect from April 13
• The board, which has Hamman Madu representing the Northeast zone as the new managing director, was approved by President Buhari
• This is coming less than four months after the president appointed Ayodeji Ariyo Gbeleyi as chairman of the Board

President Muhammadu Buhari has appointed Hamman Madu as the new managing director/chief executive officer of the Federal Mortgage Bank of Nigeria (FMBN).

The president also approved the reconstitution of FMBN board of directors.

This was disclosed in a statement issued on Thursday, April 14, by presidential spokesman, Garba Shehu.

The move is aimed at repositioning the bank as a core banking institution with core competence in mortgage finance.

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Other members of the board 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.

According to Shehu, the board's appointment took effect from April 13, 2022, with the exception of the Chairman, Ayodeji Ariyo Gbeleyi whose appointment took effect from January 5, this year.

Recall that President Buhari had appointed Gbeleyi, a chartered accountant and a well-known financial expert, as chairman of the board in January.

Buhari appoints Mohammed Abdullahi as minister

Legit.ng had reported that Mohammed Abdullahi was named Nigeria's new minister of environment, with immediate effect

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President Buhari's approval of Abdullahi's appointment was announced on Wednesday, April 6, by Boss Mustapha, the Secretary to the Government of the Federation (SGF).

Before the new appointment, Abdullahi was the minister of state for science, technology and innovation.

Shakeup in Aso Villa as President Buhari sacks Aisha's aides

Meanwhile, President Buhari in what might be termed a serious shakeup on Saturday, February 12, redeployed some of the aides of First Lady Aisha Buhari and disengaged others.

The president also appointed a former lawmaker, Muhammad Zorro, as the senior special assistant on public affairs and strategy to the office of the First Lady.

Moreover, three aides of the first lady have also been redeployed to the office of the SGF.

Source: Legit.ng