Nigeria Names New Managing Director for Reconstruction Fund

Hamster Kombat » Nigeria Names New Managing Director for Reconstruction Fund

The Nigerian government has appointed a new managing director for the National Economic Reconstruction Fund (NERFUND).

Ezekiel Oseni

He is Ezekiel Oseni, a former general manager and chief risk officer at the Bank of Industry.

Mr. Oseni’s appointment was announced Wednesday by the Permanent Secretary in the Ministry of Finance, Mahmoud Isa-Dutse, who credited Minister Kemi Adeosun as approving the posting.

“His appointment which takes immediate effect was made under a Management Agreement between the Federal Ministry of Finance and the Bank of Industry,” Mr. Isa-Dutse said in a statement.

He said Mr. Oseni has several mandates, among which is to reposition the organisation and ensure that all outstanding indebtedness were recovered.

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