President Bola Tinubu has approved the appointment of his son-in-law, Oyetunde Oladimeji Ojo, as the new Managing Director/CEO of Federal Housing Authority.
Ojo, who was a member of the House of Representatives, is married to Tinubu’s eldest daughter, the Iyaloja-General of Nigeria, Mrs. Folashade Tinubu-Ojo.
Special Adviser to the President on Media and Publicity Ajuri Ngelale, on Thursday, announced the appointment of Ojo and other executive management teams of parastatals under the Federal Ministry of Housing and Urban Development.
According to the statement, Mr. Shehu Usman Osidi was appointed Managing Director /CEO of the Federal Mortgage Bank of Nigeria (FMBN).
Three Executive Directors were also appointed for FMBN.
They are Mr. Ibidapo Odojukan, Executive Director (Finance & Corporate Services); Mr. Muhammad Sani Abdu, Executive Director (Loans & Mortgage Services); and Ms. Chinenye Anosike, Executive Director (Business Development & Portfolios).
Four Executive Directors were appointed for FHA.
They are Mr. Mathias Terwase Byuan, Executive Director (Housing Finance & Accounts); Mr. Umar Dankane Abdullahi; Executive Director (Business Development); Engr. Oluremi Omowaiye, Executive Director (Project Implementation); and Arc. Ezekiel Nya-Etok, Executive Director (Estate Services).
The statement reads in part: “New FMBN CEO, Shehu Osidi, is a banker with over 30 years of work experience, including 13 years of experience in mortgage banking. He is an alumnus of Harvard University’s Kennedy School of Government as well as the University of Pennsylvania’s Wharton School of Housing Finance.
“New FHA CEO, Oyetunde Ojo, is a former Member of the House of Representatives with over a decade of work experience in the housing and hospitality industries. He holds a Master’s degree in Peace and Conflict Studies from the University of Greenwich, United Kingdom.
See the full statement announcing the appointments:
President @officialABAT has approved the reconstitution of the executive management teams of parastatals under the Federal Ministry of Housing and Urban Development:
Federal Mortgage Bank of Nigeria (FMBN):
1. Managing Director / CEO — Mr. Shehu Usman Osidi
2. Executive…
— President Bola Ahmed Tinubu Media Centre (@PBATMediaCentre) February 15, 2024
