BREAKING: Tinubu fires Kuru, names Alade AMCON CEO

President Bola Tinubu has dropped Ahmed Lawan Kuru as the Managing Director/ Chief Executive Officer of the Asset Management Corporation of Nigeria (AMCON), naming Gbenga Alade as his replacement.

According to Presidential spokesman, Ajuri Ngelale, Alade’s appointment is to confirmation by the Nigerian Senate.

Aside from Alade, the president also appointed the following:

Aminu Ismail — Executive Director

Adeshola Lamidi — Executive Director

Lucky Adaghe — Executive Director

“The President expects unflagging dedication, professionalism, and dutifulness from the new appointees so as to ensure that the operations of AMCON are more efficient, transparent, and in consonance with his determination to sanitize the nation’s financial system to maximize value and enhance investor confidence in the Nigerian economy,” Ngelale said in his statement.

Details later…