President Bola Tinubu has confirmed Dr. Olasupo Olusi’s appointment as Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a four-year tenure in the first instance.

According to a statement issued by the Presidential spokesman, Chief Ajuri Ngelale, who conveyed the President’s acceptance of Dr. Olusi’s nomination via his Facebook page, said the former BOI director resigned freely.

Over the last 20 years, Dr. Olasupo Olusi has worked as a World Bank economist and development finance expert. Dr. Olusi served as the Coordinating Minister of the Economy and Minister of Finance’s economic adviser from 2011 until 2015.

He attended Hull University in the United Kingdom. In addition, in 2005, he earned a master’s degree in international money, finance, and investment, as well as a doctorate in finance and economics from Durham University in the United Kingdom.

The President directs the new BOI Chief Executive to ensure that Nigerians operating all sizes of enterprises across sectors have fair and equitable access to much-needed support to boost employment generation and wealth creation among the country’s income groups, with a special focus on lower and middle-income enterprise operators.



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