Buhari reappoints Ibrahim as NDIC boss
02 November 2016 |
2:41 am
President Muhammadu Buhari yesterday asked the Senate to confirm the reappointment of Umaru Ibrahim as the Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC).
Umaru Ibrahim
President Muhammadu Buhari yesterday asked the Senate to confirm the reappointment of Umaru Ibrahim as the Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC).
Buhari, in a letter addressed to Senate President Bukola Saraki said the reappointment of Ibrahim was in accordance with Section 5 Subsection (4) and Section 8 Subsection (3) of the NDIC Act.
Ibrahim was the first chief executive of the NDIC. He was appointed in 2010 to serve a term of five years. After completing his first five-year tenure, Buhari, in January 2016 asked him to continue managing the corporation in acting capacity.
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