President Muhammadu Buhari has renewed the appointment of Mr Ahmed Kuru as the Managing Director of the Asset Management Corporation (AMCON) of Nigeria for another term of five years.
The President also re-nominated Mr Eberechukwu Uneze and Mr Aminu Ismail as Executive Directors of the corporation.
A statement by Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, said Buhari had already conveyed the decision to the Senate President, Dr Ahmad Lawan.
According to the President’s letter to the National Assembly, he was seeking Senate’s confirmation of the nominees by the Upper Chamber in accordance with Section 10(1) of the AMCON Act, 2010.
Similarly, in another letter to the President of the Senate in compliance with Sections 5(4) and 8(3) of the Nigeria Deposit Insurance Corporation (NDIC) Act, 2010, President Buhari has asked the Senate to confirm the nominations of Mr Bello Hassan as the Managing Director, and Mr Mustapha Muhammad Ibrahim as Executive Director of the corporation.
The two nominees are to succeed Mr Umaru Ibrahim and Prince Aghatise Erediuwa whose second terms end on December 8, 2020, as Managing Director and Executive Director (Operations) respectively.
Meanwhile, Hon. Omolola Abiola Edewor, is to continue as Executive Director (Corporate Services) in the NDIC until her second and final term ends on January 24, 2022.