NIRSAL gets new Board, Managing Director

Benjamin Orisemeke

Following the reconstitution of the Board of Directors, Mr. Babajide Arowosafe, has been inaugurated as the Managing Director and Chief Executive Officer of NIRSAL Plc.

The event which took place at the 21st meeting of the Board of Directors on Tuesday, also saw the inauguration of the bord of directors.

Arowosafe is a development finance expert, with experience from International Finance Corporation (IFC), the World Bank, United Nations Development Programme (UNDP), Ekiti State Government, and Southwest Agric Company (SWAgCo).  

A statement signed by Head, Corporate Communications of NIRSAL Plc, Jude Nnadozie, the board members include: Mr.  Muhammad Sani Abdullahi, Deputy Governor, Economic Policy, Central Bank of Nigeria as Chairman.

Others include: Mallam Ado Wanka – Non-Executive Director; Dr. Daphne Dafinone – Non-Executive Director; Mr. Hamidu Sa’ad – Non-Executive Director; Dr. Bankole Allibay – Non-Executive Director; and Hon. Shehu Balarabe – Non-Executive Director

At the meeting, the Board noted the need to refocus NIRSAL Plc back to its core mandate of de-risking agricultural lending.