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Buhari appoints Edward Adamu as new AMCON Chairman

President Muhammadu Buhari has appointed Mr Edward Adamu, deputy governor for corporate services at the Central Bank of Nigeria (CBN), as the Chairman of the Asset Management Corporation of Nigeria (AMCON).

The appointment was contained in a letter forwarded to the Senate on Tuesday.

In the letter dated December 9, President Buhari urged members of the Red Chamber of the National Assembly to confirm Adamu’s appointment.

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It read, “In accordance with Section 10(1) of the Asset Management Corporation of Nigeria (AMCON) Act, 2010, I hereby present Mr Edward Lametek Adamu for confirmation as Chairman of the Asset Management Corporation of Nigeria by the Distinguished Senate.

“While hoping that this request will receive the usual expeditious consideration of the Senate, please accept, Distinguished Senate President, the assurances of my highest consideration.”

Edward replaces Muiz Banire who was appointed in July 2018 as head of the corporation.

David Olagunju

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