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Buhari re-appoints Kuru as AMCON MD, picks Hassan for NDIC

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President Muhammadu Buhari has renominated Mr Ahmed Kuru as Managing Director (MD) and Mr Eberechukwu Uneze and Mr Aminu Ismail as Executive Directors of the Asset Management Corporation of Nigeria (AMCON) for the final term of five years.

According to a statement issued in Abuja on Monday by Garba Shehu, Senior Special Assistant to the President, this was contained in a letter to the President of the Senate seeking confirmation of the nominees by the Upper Chamber in accordance with Section 10(1) of the AMCON Act, 2010.

Similarly, in another letter to the President of the Senate in compliance with Sections 5(4) and 8(3) of the Nigeria Deposit Insurance Corporation (NDIC) Act, 2010, President Buhari has asked the Senate to confirm the nominations of Mr Bello Hassan as the Managing Director, and Mr Mustapha Muhammad Ibrahim as Executive Director of the corporation.

The statement informed that two nominees are to succeed Mr Umaru Ibrahim and Prince Aghatise Erediuwa whose second terms end on December 8, 2020, as Managing Director and Executive Director (Operations) respectively.

It added that, Hon. Omolola Abiola Edewor is to continue as Executive Director (Corporate Services) in the NDIC until her second and final term ends on January 24, 2022.

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