President Muhammadu Buhari has appointed Hamman Madu as the new Federal Mortgage Bank of Nigeria (FMBN) Managing Director.
The outgoing MD, Ahmed Dangiwa, took over from Richard Esin, who served in an acting capacity after the tenure of Gimba Ya’u Kumo. The President also approved the reconstitution of FMBN Board of Directors.
Madu, the North-East zone representative, has over 30 years experience in the mortgage industry. Umar Zubaida, Executive Director, Finance and Corporate Services was named to represent the North-West.
Chukwuma Kingsley, Executive Director, Business Development & Portfolio Management (BD&PM) represents the South-South. Mustapha Lukman Olayiwola, Executive Director, Loans & Mortgage Services (L&MS) represents the North-Central.
Asein Abimbola, from the Southwest, represents the Federal Ministry of Works and Housing; Ejezie Sandra Nkechi, from the Southeast, represents the Public.
The tenure of the new board, which includes two Central Bank of Nigeria (CBN) representatives, started April 13, 2022. However, that of the Chairman, Ayodeji Ariyo Gbeleyi, took effect from January 5, 2022.
In other news – Two things Nigerians must remember – Senator Bola Tinubu
Senator Bola Tinubu on Friday urged Nigerians to remember the millions of people who have been displaced by violent battles and attacks in Nigeria.
Tinubu said this while urging Christians across Nigeria and the world at large to imbibe Christ’s life of service, compassion and sacrifice as they mark Good Friday ahead of the Easter celebrations. Learn more