President Bola Tinubu has given his nod to the appointment of Dr. Olasupo Olusi as the new Managing Director and Chief Executive Officer of the Bank of Industry (BOI). This significant decision comes in the wake of the voluntary resignation of the former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.
Dr. Olasupo Olusi brings a wealth of experience to his new role, having served as a World Bank economist and development finance expert for the past two decades. His impressive career includes a stint as the economic adviser to the then Coordinating Minister of the Economy and Minister of Finance between 2011 and 2015. Dr. Olusi’s academic background is equally impressive, with degrees from Hull University and Durham University in the United Kingdom, including a Doctorate in Finance & Economics obtained in 2005.
President Tinubu has tasked the newly appointed BOI Chief Executive with the important responsibility of ensuring that Nigerian entrepreneurs, spanning various sectors and income groups, receive fair and equitable access to crucial support. The overarching goal is to stimulate employment generation and wealth creation, with a special focus on lower and middle-income enterprise operators.
This appointment marks a significant move in bolstering economic development and financial support for businesses of all sizes in Nigeria, reflecting the government’s commitment to fostering entrepreneurship and inclusive economic growth.
Chief Ajuri Ngelale, the Special Adviser to the President for Media & Publicity, made the official announcement on October 19, 2023. With Dr. Olusi at the helm, the Bank of Industry is poised for a new era of growth and support for the nation’s enterprises.