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IoD Nigeria gets new president, chairman of council


The Institute of Directors Nigeria (IoD) has elected Ahmed Rufai Mohammed as the new President/Chairman of Council. This was disclosed after a meeting of the governing council, which held after its 2017Annual General Meeting (AGM) in Lagos.

Mohammed, who succeeds Samuel Yemi Akeju, as the 15th president of the institute, is a professional investment manager and seasoned administrator with over 30 years of experience in Project Development and Portfolio Management.

He is currently the Executive Vice Chairman of Northbridge Investment and Trust Ltd, Chairman Northbridge Micro Finance Bank Ltd and Director on the board of Royal Exchange Plc.

The new IoD president is an alumnus of the Ahmadu Bello University (ABU) Zaria and Manchester Business School, United Kingdom (UK).He served at the Kano State Investment and Properties Limited soon after graduation in 1976 where he rose from an Investment Executive to become the Organisation’s Financial Controller in 1984.

He joined the biggest public sector Pension Fund in the country in 1991, Nigeria Social Insurance Trust Fund, as Assistant General Manager and became General Manager (Investment and Treasury) in 1993, among others.

In 2002, he became the Managing Director/CEO of the Organisation and resigned in 2007 to go into the private sector. Mohammed has served as a Director in many private and quoted companies including Afribank Nigeria Plc, First Securities Discount House, Nigerian German Chemicals Plc, Standard Trust Bank and Kapital Insurance Ltd. He was also the pioneer Chairman of Trustfund Pensions Plc and the Chairman of the IOD Centre for Corporate Governance.

Also elected are Chris Okunowo, Ije Jidenma as first and second vice presidents. In a statement by the institute, Mohammed promised to pursue the core values of its founding fathers and reposition it to meet the aspirations of members and the corporate community.

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