Nigeria: Dr. Olasupo Olusi Appointed as CEO of the Bank of Industry by President Bola Tinubu

President Bola Tinubu has given his nod to the appointment of Dr. Olasupo Olusi as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI), initially for a four-year term.

The announcement of Olusi’s appointment was made in a statement issued by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Thursday in Abuja. This decision came in the wake of the voluntary resignation of the former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.

With more than two decades of experience as a World Bank economist and development finance expert, Dr. Olusi brings a wealth of knowledge to his new role. Notably, he served as the economic adviser to the Coordinating Minister of the Economy and Minister of Finance from 2011 to 2015. He is an alumnus of Hull University, United Kingdom.

In addition to his educational credentials, Olusi earned a Master’s degree in International Money, Finance, and Investment, and later, in 2005, he obtained a Doctorate in Finance & Economics from Durham University, United Kingdom.

President Tinubu has entrusted the newly appointed CEO of BOI with the pivotal task of ensuring that Nigerians operating enterprises of all sizes and spanning various sectors have fair and equal access to the critical support they need. This initiative aims to stimulate job creation and wealth generation across different income brackets in the country, with a particular focus on lower and middle-income enterprise operators.