The Federal Government on Tuesday sacked the Managing Director, Assets Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, in a major shakeup of the executive management team of the firm.
The dissolution of the AMCON management team was contained in a statement made available to journalists in Abuja by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina. Adesina.
He said President Muhammadu Buhari also approved the reconstitution of the corporation management team.
Chike-Obi was replaced with Ahmed Lawan Kuru as the new managing director of the corporation. The statement named Kola Ayeye, Eberechukwu Uneze and Aminu Ismail as new executive directors.
Until his appointment on Tuesday as the Managing Director of AMCON, Kuru was the former 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 Kuru and the three new AMCON executive directors took effect from August 18, 2015, the statement added.