Olusi becomes MD Bank of Industry

President Bola Tinubu has approved the appointment of Dr Olasupo Olusi to serve as the Managing Director and Chief Executive Officer of the Bank of Industry for a term of four years in the first instance.

The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, announced this in a statement he signed on Thursday, titled, ‘President Tinubu appoints new Bank of Industry Chief Executive Officer.’

The President’s approval of Olusi’s appointment follows the voluntary resignation of the immediate past BoI MD and CEO, Mr Olukayode Pitan.

Olusi has served as a World Bank economist and development finance expert over the past 20 years.

Between 2011 and 2015, he served as the Economic Adviser to the Coordinating Minister of the Economy and Minister of Finance.

He is an alumnus of Hull University, United Kingdom and also obtained a Master’s degree in International Money, Finance and Investment, as well as a doctorate in Finance and Economics from Durham University, United Kingdom, in 2005.

The President tasked the new BoI Chief Executive to ensure that Nigerians, who are operating all sizes of enterprises across the sectors are given fair and equitable access to much-needed support to bolster employment generation and wealth creation amongst income groups in the country with special regard for lower-and-middle-income enterprise operators.