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Senate confirms AMCON part-time chairman, five non-executive directors

by Ramoni Segun Remi
March 26, 2025
in Business Scene
0
Senate confirms AMCON part-time chairman, five non-executive directors

Bala Bello

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The Senate on Wednesday confirmed the nomination of Dr Bala Bello, representing North-East as part-time Chairman of the Asset Management Corporation of Nigeria (AMCON).

Also confirmed were five other nominees for appointment as Non -Executive Directors of AMCON.

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Their confirmation followed the presentation and adoption of the report of the Committee on Banking, Insurance and other Financial Institutions at plenary.

The News Agency of Nigeria (NAN), reports that the nominees confirmed as Non -Executive Directors include Yusuf Sule, representing North- Central, Mr Adeyemo Stephen, representing South-West, and Mr Yahaya Ibrahim, representing North-West.

Others are Mr Odion Iyare, representing the South-South, and Mrs Emily Osuji, representing South-East.

Earlier while presenting the report of the committee for consideration, Sen. Osita Izunaso (APC-Imo), on behalf of the committee chairman, said the committee recommends the senate to confirm their appointment.

Izunaso said this followed a robust engagement with the nominees and being satisfied with their experiences, performances and academic qualifications.

He added that there was no petition against the nominees, having been cleared by the security agencies, the Police and the Department of State Services (DSS).

President of the Senate, Godswill Akpabio after the confirmation, thanked the committee members for the screening of the nominees.

He expressed hope that the new managers of AMCON wound bring a new vigour in the discharge of their duties.

 

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