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President Bola Tinubu has approved the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON), pending their confirmation by the Nigerian Senate.

The development was confirmed in a statement signed by a Presidential Spokesperson, 𝐂𝐡𝐢𝐞𝐟 𝐀𝐣𝐮𝐫𝐢 𝐍𝐠𝐞𝐥𝐚𝐥𝐞.

The appointees are:

(1) Gbenga Alade — Managing Director/CEO

(2) Aminu Ismail — Executive Director

(3) Adeshola Lamidi — Executive Director

(4) Lucky Adaghe — Executive Director

Chief Ngelale added that the “President expects unflagging dedication, professionalism, and dutifulness from the new appointees so as to ensure that the operations of AMCON are more efficient, transparent, and in consonance with his determination to sanitize the nation’s financial system to maximize value and enhance investor confidence in the Nigerian economy.”