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I’ll turn NSITF’s fortunes around — MD

The newly appointed  Managing Director/Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), Barr. Oluwaseun Faleye has pledged to turn the fortunes of the Fund around.

Barr. Faleye who resumed duties alongside the new Executive Director, Operations, Rt. Hon. Mojisolaoluwa Alli-Macaulay, further said he will strive to enhance the operations of NSITF.

Addressing staff at the Fund’s headquarters in Abuja, Faleye said he is committed to collaborating with all vested parties to revitalize and elevate NSITF to the pinnacle of social security agencies.

“I am resolved to leave NSITF in a better state than when I assumed office today.” With a background in law, corporate finance, and public policy, Faleye emphasised his aspiration to build a sustainable and efficient organization, acknowledging the challenges ahead while advocating for collective effort in achieving this goal.

Highlighting imminent priorities, Faleye underscored the necessity of organizational restructuring aimed at enhancing operational efficiency within NSITF. He expressed intent to conduct a thorough needs assessment across departments to chart a path forward. Barr. Faleye also extended gratitude to his predecessor, Maureen Allagoa, for her service and cooperation during the transition.

In her remarks, Alli-Macaulay invoked a legal maxim to stress the importance of the occasion and unity among stakeholders. She assured of seamless collaboration under the new leadership.

On his part, Mr Adegoke Adediji, the Executive Director of Finance and Investment, praised the appointment of Barr. Faleye, urging him to leverage his political acumen to expedite reforms within NSITF.

The event, overseen by Prof. Gabriel Okenwa, Executive Director of Administration, received accolades for its innovation and foresight, positioning NSITF on a trajectory of positive transformation.

The ceremony was attended by department heads, with regional heads joining remotely, signaling a unified commitment to NSITF’s renewed direction under its new leadership.

Christian Appolos

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