Tinubu Appoints Olasupo Olusi, An Economist With The World Bank, To Lead The Bank Of Industry

Chief Executive Officer of the Bank of Industry (BOI), Dr. Olasupo Olusi

Dr. Olasupo Olusi has been appointed to a four-year tenure as managing director and chief executive officer of the Bank of Industry (BOI) by President Bola Tinubu.

Ajuri Ngelale, the president's special media and publicity adviser, made this statement on Thursday.

Ngelale claimed that the nomination of Dr. Olusi was approved by the president following the voluntarily departure of Mr. Olukayode Pitan, the former Managing Director and Chief Executive Officer of the BOI.

Over the past 20 years, Olusi, according to Ngelale, has worked as a World Bank economist and development finance specialist.

"Between 2011 and 2015, Dr. Olusi served as the economic adviser to then Coordinating Minister of the Economy and Minister of Finance.

"He is an alumnus of Hull University, United Kingdom. He also obtained a Masters degree in International Money, Finance, and Investment, as well as a Doctorate in Finance & Economics from Durham University, United Kingdom, in 2005," the statement read in part.

According to Ngelale, the president gave the new head of the BOI the responsibility of making sure that Nigerians running businesses of all sizes and in a variety of industries have fair and equitable access to the support they need to increase wealth creation and employment across the nation, with a focus on lower- and middle-income business owners.