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Buhari sacks AMCON boss, names replacement




Press statement from the presidency...

President Buhari has approved the dissolution of the Executive Management Team of the Assets Management Corporation of Nigeria (AMCON). President Buhari has also approved the reconstitution of the management team of the corporation as follows: · Ahmed Lawan Kuru - Managing Director · Kola Ayeye - Executive Director · Eberechukwu Uneze - Executive Director · Aminu Ismail - Executive Director



Until his appointment today as Managing Director of AMCON, Mr. Ahmed Kuru was the Group Managing Director of 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.

The appointment of Mr. Kuru and the three new AMCON Executive Directors is with effect from today, August 18, 2015.

Femi Adesina
Special Adviser to the President (Media & Publicity)
August 18, 2015
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6 comments

  1. Another hausa man appointed. Okay

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  2. Why did you not mention the name of the managing director sacked by PMB? God is watching you people and your ethnic medicine you are force feeding the country with .

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  3. Ethnicity and religion is a major issue in this country. I care less if the best man for the job is hausa igbo or yoruba. We just want the best.

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  4. I'm surprised at this appointment. All the banks Kuru had been with, from Habib to PHB to Keystone to Enterprise bank, none of the banks he had managed or is managing has stood the test of time, they either die or be naturalised by the CBN. Can someone pls tell me the criteria or the qualification he has that made PMB appoint him? I thought they said all PMB's appointment are based on merit? What merit is in a man who could not manage a small bank?

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  5. I agree that GMB goofed in this appointment if merit is anything to go by. How can the Chief Executive of failed Institutions be appointed to lead an agency that superintend over their affairs during crisis? I am a core fan of GMB but I urge him to think-out-of-the-box in his appointments. That man can not take AMCON to anywhere.

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  6. Granted if the man is incapable of managing the affairs of AMCON, but he has capable men to assist him as Executive Directors!

    ReplyDelete

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