Nigeria’s President, Muhammadu Buhari dissolved the executive team of the Assets Management Corporation of Nigeria (AMCON) and approved the reconstitution of a new management team of the corporation on Wednesday. Ahmed Lawan Kuru was appointed to replace Mustafa Chike-Obi.
Surprisingly the new Managing Director and Aminu Ismail, one of the executive directors, both attended Ahmadu Bello University, Zaria, worked with Enterprise Bank which was sold by AMCON to Heritage Bank and are also northerners. Could there be a reason for this or is it a mere coincidence?
The new AMCON management:
Ahmed Lawan Kuru – Managing Director
Ahmed Kuru was the Group Managing Director and Chief Executive Officer of the defunct Enterprise Bank Limited. He started his banking career with the old Habib Bank in 1985 and rose through the ranks to become an Executive Director of Bank PHB (now Keystone Bank) in 2005.
He holds a Bachelor of Science (B.Sc) degree in Accounting and a Masters’ in Business Administration. He is respected in the banking industry, as a result-oriented and deft leader, who has a strong accountability record.
Kola Ayeye – Executive Director
Kola, who holds a B.Sc in Accounting from University of Nigeria, Nsukka, an M.Sc in Finance from University of Lagos is also a Fellow of the Institute of Chartered Accountants of Nigeria.
With over 18 years of experience in banking and financial services consulting, has served as a General Manager at Oceanic Bank International Plc and also Managing Director and Chief Executive Officer of National Bank of Nigeria Ltd. He had also served as General Manager in National Bank and is a pioneer member of the resuscitation team. He has been Executive Director of MainStreet Bank Limited since August 2011.
Eberechukwu Uneze – Executive Director
Widely known as one of the leading development thinkers in Nigeria and Africa, Uneze is a regular contributor to international policy seminars on Africa’s growth and economic development. He has over 10 years of experience in handling results-based development and public policy projects. His research interest cuts across Public Economics and Policy Analysis, Development Finance, Results-based Public Financial Management, and Outcome and Impact Evaluation.
He has a Bsc in Economics from Imo State University, MSC Economic Management and policy from University of Strathclyde, Ph.D in Economics from the University of Kent among several other academic qualifications.
Aminu Ismail – Executive Director
Aminu’s banking career started in 1992 when he left Pannell Ker Foster to join Credit Lyonnais Nigeria Limited. He then joined FSB International Bank Plc where he held several managerial positions, and was Group Head, ENSEC and Investment Banking at the time of the merger with Fidelity Bank Plc. He then went on to become Regional Head at the United Bank of Nations (UBA) . Prior to his appointment as an Executive director of AMCON he was the Executive Director Enterprise Bank Ltd.
He holds a Bachelor of Sciences (B.Sc) degree in Accounting from the Ahmadu Bello University (ABU), Zaria and a Masters of Business Administration (MBA), from Manchester Business School, University of Manchester, United Kingdom.
