BUSINESS/Focus
Typical of many government agencies, allegations of mismanagement and impropriety dogged the Assets Management Corporation of Nigeria’s previous management boards until the coming of President Muhammadu Buhari with his wide-reaching anti-corruption reforms. One of the earliest appointments he made was that of Ahmed Kuru as the Chief Executive Officer of AMCON. Almost six years after, and a few months into his second term, Kuru’s proficiency in fiscal management and boots-on-the-ground approach to debt recovery has helped in no little way to stabilise the Nigerian economy, writes Lanre Alfred
Unlike the middling marabou, the miracles of Malam Ahmed Kuru, the Managing Director/Chief Executive Officer of the Assets Management Corporation of Nigeria (AMCON), aren’t deceptive in nature rather; each one is an event that creates faith in his abilities as a fiscal guru and turn-around-manager. The AMCON boss is not just an administrative managing director but a seasone
Following the recent resignation of Mr Emeka Onwuka as chairman of the Board of Enterprise Bank Limited, the bank has announced the appointment of Sir Ogala Osoka as the new chairman.
Onwuka resigned his appointment on October 1, 2013, to enable him work with a group of investors who intend to acquire Asset Management Corporation of Nigeria (AMCON) shares in the three nationalised banks.
Osoka has been a non-executive director of Enterprise Bank since November 2011 and also the chairman of the Board Credit Committee.
A highly experienced manager of human and material resources, Osoka was trained at the City of London College (London Metropolitan University) and University of Nottingham. He also currently chairs a good number of organisations and sits in others as a Board member.