President Muhammadu Buhari has appointed Alwan Hassan as the new acting Managing Director for the Bank of Agriculture.
The announcement was contained in a statement signed by the ministry’s spokesperson, Theodore Ogaziechi.
In the statement, President Buhari approved the immediate dissolution of the Interim Management Team of the Bank.
The President stated:
The approval was conveyed to the Minister of Agriculture and Rural Development, Sabo Nanono via a letter dated May 5, 2020, with reference No. PRES/95/MARD/14,” the statement said.
Mr Hassan’s appointment is most apt and will expectedly turn the fortunes of the bank around considering his decades of experience in the banking sector He worked with Bank PHB, First Bank of Nigeria, African International Bank Limited, United Bank for Africa and the Central Bank of Nigeria.
Mr Hassan, it was learnt, hails from Kano State and holds a Master’s Degree in Business Administration.
He is a seasoned banker with over two decades of experience in the banking industry.
He has served on the Management Boards of Orient Bank, Uganda; Bank PHB in the Gambia and Platinum Capital and Trust Limited, Nigeria.
The statement further read:
Alwan Hassan who until his appointment was Chairman/CEO Midrange Universal Biz Ltd., is a member of the Chartered Institute of Bankers, the Nigerian Institute of Quantity Surveyors among others.
He also has a thorough grooming of management prowess having attended trainings at the famous IMD Business School Luasanne, Switzerland and Intrados Business School, Washington DC, USA.
The Bank of Agriculture, being the nation’s apex agricultural and rural development finance institution saddled with the responsibility of providing agricultural credit facilities in support of agricultural value chain activities, will benefit immensely from the vast banking experiences of Mr Hassan, the official added.
Formed in 2000 and assumed the assets of the National Agriculture and Cooperative Bank, People’s Bank and the Family Economic Advancement Project.