President Buhari approves reconstitution Board of Federal Mortgage Bank

President Buhari approves reconstitution Board of Federal Mortgage Bank

President Muhammadu Buhari has approved the reconstitution of the Board of the Federal Mortgage Bank of Nigeria.

This is in order to reposition the bank as a core banking institution with core expertise in mortgage finance.

The President had in January appointed Mr Ayodeji Ariyo Gbeleyi, a Chartered Accountant and well-known financial expert, as Chairman of the Board.

The Managing Director/CEO of the new Board is Hamman Madu, who represents the Northeast zone and has over 30 years of experience in the mortgage market.

Other members are: Umar Zubaida, Executive Director, Finance and…

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