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President Tinubu Fires AMCON CEO, Ahmed Kuru, Appoints Alade, Three Other Directors

President Bola Tinubu on Thursday sacked the Managing Director/Chief Executive Officer of the Asset Management Corporation of Nigeria (AMCON), Ahmed Lawan Kuru.

A statement on Thursday, by the Presidential Spokesman, Ajuri Ngelale said that the president has appointed Gbenga Alade as his replacement.

Ngelale, said that the appointment of Alade is subject to the confirmation by the Nigerian Senate.

Aside from Alade, the president also appointed three new executive directors into the management team of AMCON.

The three EDs are: Aminu Ismail, Adeshola Lamidi and Lucky Adaghe.

“The President expects unflagging dedication, professionalism, and dutifulness from the new appointees so as to ensure that the operations of AMCON are more efficient, transparent, and in consonance with his determination to sanitize the nation’s financial system to maximize value and enhance investor confidence in the Nigerian economy,” Ngelale said in the statement.

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