Bola Tinubu Appoints Dr. Olasupo Olusi as BOI Managing Director for Four-Year Tenure

Bola Tinubu Appoints Dr. Olasupo Olusi as BOI Managing Director for Four-Year Tenure

Bola Tinubu Appoints Olasupo Olusi as BOI Managing Director

President Bola Tinubu has officially appointed Dr. Olasupo Olusi as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI).

This significant appointment, disclosed in an announcement by presidential spokesman Ajuri Ngelale, outlines Olusi’s tenure of four years, initially.

Succession Following Resignation of Olukayode Pitan

Dr. Olusi’s appointment comes in the wake of the voluntary resignation of the former Managing Director and Chief Executive Officer of the Bank of Industry, Olukayode Pitan. Pitan’s departure paved the way for this notable change in leadership.

A Distinguished Background in Finance and Economics

Dr. Olasupo Olusi boasts an impressive background as a World Bank economist and development finance expert, accumulating over two decades of experience in this field.

His remarkable career includes a four-year tenure as the economic adviser to the Coordinating Minister of the Economy and Minister of Finance between 2011 and 2015.

Educational Achievements

Dr. Olusi’s educational journey encompasses a diverse range of accomplishments. He is an alumnus of Hull University in the United Kingdom (UK), where he laid the foundation for his academic pursuits.

Furthermore, he attained a master’s degree in International Money, Finance, and Investment. His academic journey reached its zenith with a Doctorate in Finance and Economics from Durham University, UK, in 2005.

A Presidential Directive for Economic Equity

President Bola Tinubu has issued a directive to the newly appointed BOI Chief Executive.

He emphasizes the importance of ensuring that Nigerians operating businesses across various sectors, regardless of their size, gain fair and equitable access to the essential support needed to foster employment generation and wealth creation among diverse income groups in the country.

This directive particularly emphasizes the inclusion of lower and middle-income enterprise operators, underscoring the commitment to economic equity and empowerment.