President Bola Tinubu, has appointed Mr. Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission. This appointment is initially for a four-year term, which can be renewed, pending Senate confirmation. This decision comes nearly four months after the suspension of the former head of the anti-graft agency, Mr. Abdulrasheed Bawa.
A statement signed by Ajuri Ngelale, the President’s Special Adviser on Media and Publicity, announced Mr. Olukoyede’s appointment, attributing it to the resignation of the suspended Executive Chairman, Mr. Abdulrasheed Bawa. The statement was titled ‘President Tinubu appoints new EFCC Chairman and Secretary of the Commission.’
Mr. Olukoyede is a legal professional with more than 22 years of experience, specializing in regulatory compliance and expertise in fraud management and corporate intelligence. He possesses extensive familiarity with the EFCC’s operations, having previously served as the Chief of Staff to the Executive Chairman from 2016 to 2018 and as the Secretary to the Commission from 2018 to 2023. This background fulfills the statutory requirements for his appointment as the Chairman of the EFCC.
Additionally, President Tinubu approved the appointment of Mr. Muhammad Hammajoda as the Secretary of the EFCC. Mr. Hammajoda’s initial term is five years, subject to renewal and Senate confirmation. He is a public administrator with significant experience in public finance management, holding a Bachelor of Science degree in Accounting from the University of Maiduguri and a Master’s in Business Administration from the same institution. His career began as a lecturer at the Federal Polytechnic, Mubi, and he subsequently had successful tenures in the banking sector, including at the defunct Allied Bank and Standard Trust Bank.
The President tasked the new leadership of the commission with the responsibility of justifying the confidence placed in them for this crucial national role. He emphasized the importance of a renewed and strengthened anti-corruption effort through institutional reforms, which remains a central element of the President’s Renewed Hope agenda.
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