FMBN: Buhari Appoints Lukman Mustapha Director, Loans & Mortgage Services
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FMBN: Buhari Appoints Lukman Mustapha Director, Loans & Mortgage Services
By Alabidun Shuaib Abdulrahman
President Muhammadu Buhari has appointed the chairman board of directors of Sobi FM Mallam Lukman Mustapha into the board of Federal Mortgage Bank of Nigeria, FMBN.
The Senior Special Assistant to the President on Media & Publicity, Garba Shehu, confirmed the appointment in a statement obtained by INCNews247 on Thursday.
Lukman Mustapha, a seasoned Banker is to serve on the Board as the Executive Director, Loans & Mortgage Services to represent the North-Central zone.
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The statement further reveals that the appointment is with a view to repositioning the bank as a core banking institution with core competence in mortgage finance.
Recall that the President had, in January this year, appointed Mr Ayodeji Ariyo Gbeleyi, a Chartered Accountant and a well-known financial expert as Chairman of the Board.
In the new Board, Hamman Madu representing the Northeast zone with a background of over 30 years in the mortgage industry is the Managing Director/ Chief Executive Officer.
Other members are: Umar Zubaida, Executive Director, Finance and Corporate Services representing the Northwest zone; Chukwuma Kingsley, Executive Director, Business Development & Portfolio Management (BD&PM) representing the Southsouth zone; Asein Abimbola from the Southwest zone representing the Federal Ministry of works and Housing; Ejezie Sandra Nkechi, Southeast, representing the Public as well as two representatives of the Central Bank of Nigeria
The appointment of the Board takes effect from April 13, 2022 with the exception of the Chairman, Mr Ayodeji Ariyo Gbeleyi whose appointment took effect from January 5, this year.
