President Muhammadu Buhari has approved the reconstitution of the Board of the Nigeria Deposit Insurance Corporation (NDIC).
He has also approved the appointment of some new members and the reappointment of some existing members to the Board.
NDIC operates a four-year semester system for its Board.
The last appointment was made on December 9, 2018.
A statement from the Federal Ministry of Finance, Budget and National Planning said the new appointments and reappointments had become necessary “to avoid vacuum”.
The new appointees are Dr. Abdulhakeem Mobolaji Abdullateef, (Chairman) from Southwest sone; Prof. Osita Ogbu, from Southeast Zone; Umar Gambo Jibrin from Northcentral Zone; Mohammed Attahiru Haruna from Northeast Zone; Yasmin Zabath Dalhatu from Northwest zone; Simon Ogie from Southsouth Zone; Abimbola Olashore Southwest Zone.
Those representing their institutions on the NDIC Board are: Muhammed Ali, Director Home Finance, member (Rep of Federal Ministry of Finance, Budget and National Planning); Haruna B. Mustapha, Director Banking Supervision Department, member (Rep of Central Bank of Nigeria).
The reappointed members are: Bello Hassan, Managing Director; Mustapha M. Ibrahim, Executive Director Operations; and Mrs. Emily Osuji, Executive Director Corporate Services.
Dr Abdullateef, a lawyer, previously served as Member, Lagos State House of Assembly Oshodi/Isolo Constituency II, before he was appointed Special Adviser to the Lagos State Governor on Political and Legislative Powers, then later as Commissioner for Home Affairs, Lagos State government.
He is a member of the Nigerian Bar Association (NBA) and holds LLB and LLM degrees from the University of Lagos and a Master in Business Administration (MBA) from the Business School, Netherlands.
He completed his Ph.D at the Nigerian Institute of Advanced Legal Studies.