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The Federal Government has approved the appointment of Dr. Ezekiel Oseni as the Acting Managing Director of the National Economic Reconstruction Fund.
The approval was announced in a statement on Wednesday signed by the Permanent Secretary, Federal Ministry of Finance, Mr. Mahmud Dutse
In the statement, Dutse said the approval for the appointment was given by the Minister of Finance, Mrs. Kemi Adeosun.
It said the appointment, which took immediate effect, was made under a management agreement between the Ministry of Finance and the Bank of Industry.
The statement stated that before his appointment, Oseni was the General Manager and Chief Risk Officer at the BoI.
Following the appointment, Oseni is now charged with the responsibility of repositioning NERFUND and to recover its debts.
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