The Group Managing Director of Abuja Investments Company Ltd (AICL), Dr. Maureen Tamuno, has been formally ratified as a Non-Executive Director on the Board of ASO Savings and Loans Plc.

Her ratification took place during the bank’s 18th to 27th Annual General Meeting, held virtually on June 30, 2025.

Dr. Tamuno, who represents the Federal Capital Territory (FCT) Administration—a major shareholder in ASO through AICL—was earlier appointed by the board and received approval from the Central Bank of Nigeria (CBN) on December 11, 2024.

Chairman of the Board, Alhaji Abdul Kofarsauri, said her appointment strengthens the bank’s strategic partnership with the FCT and enhances the board’s depth.

He added that Dr. Tamuno brings valuable expertise in public governance and economic diplomacy, which will support ASO’s transformation goals.

The AGM also saw the approval of ASO’s audited financial statements from 2015 to 2024, a key step in the bank’s ongoing repositioning efforts.