President Muhammadu Buhari has
appointed Edward Adamu, deputy governor for corporate services at the Central
Bank of Nigeria (CBN), as the chairman of the Asset Management Corporation of
Nigeria (AMCON).
This was contained in a letter
sent to the senate by the president on Tuesday.
The amended AMCON act that Buhari
signed into law in August states that chairman of the corporation must be a CBN
deputy governor.
The letter dated December 9
reads: “In accordance with Section 10(1) of the Asset Management Corporation of
Nigeria (AMCON) Act, 2010, I hereby present Mr. Edward Lametek Adamu for
confirmation as Chairman of the Asset Management Corporation of Nigeria by the
Distinguished Senate.
“While hoping that this request
will receive the usual expeditious consideration of the Senate, please accept,
Distinguished Senate President, the assurances of my highest consideration.”
Edward replaces Muiz Banire as
head of the corporation.
Banire was appointed in July
2018.
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