Senate confirms Kuru, Hasan as AMCON, NDIC MDs

11 Feb Senate confirms Kuru, Hasan as AMCON, NDIC MDs

The Senate on Wednesday confirmed the nominations of Mr. Ahmed Lawan Kuru; and Bello Hassan as Managing Directors of the Asset Management Corporation of Nigerian (AMCON); and Nigeria Deposit Insurance Corporation (NDIC), respectively.

The confirmation of both nominees followed consideration of two separate reports of the Senate Committee on Banking, Insurance and Other Financial Institutions.

Also confirmed are Ebelechukwu F. Uneze and Aminu Ismail as Executive Directors of AMCON; and Muhammad Ibrahim as Executive Director of the Nigeria Deposit Insurance Corporation.

Chairman of the Committee on Banking, Insurance and Other Financial Institutions, Senator Uba Sani (APC – Kaduna Central), in his presentation, said Mr. Kuru was confirmed as the Managing Director of the Asset Management Corporation of Nigeria in 2015, adding that, “the Corporation saw tremendous and tangible transformation and performance in effectively discharging its mandate during his first tenure through the introduction of

The committee observed that prior to the appointment of Bello Hassan as Managing Director of the NDIC, he epresented the Central Bank of Nigeria (CBN) on the Governing Board of the Nigeria Deposit Insurance Corporation (NDIC), and had participated in various committees that produced key supervisory guidelines and templates for the Nigerian Financial System.