Umaru Ibrahim, the managing director/chief executive of the Nigeria Deposit Insurance Corporation
Umaru Ibrahim, the managing director/chief executive of the Nigeria Deposit Insurance Corporation (NDIC) will continue his tenure as President Muhammadu Buhari re-appointed him for another five years.
Ibrahim received his position from the immediate past Goodluck Jonathan.
He received a re-appointment letter on December, 31, 2015, and took over his duties on January 4, Monday.
The Kano-born bureaucrat will till 2021 manage NDIC, an independent agency of the Federal government of Nigeria.
Ibrahim is a Northerner, he is from Kano state.
The aim of the agency is to protect depositors and ensure the settlement of insured funds when a deposit-taking financial institution can no longer repay their deposits, thereby helping to maintain financial system stability.
The NDIC is responsible for protecting depositors and also boost public confidence thereby contributing to the financial system stability in Nigeria.
Ibrahim received his position from the immediate past Goodluck Jonathan.
He received a re-appointment letter on December, 31, 2015, and took over his duties on January 4, Monday.
The Kano-born bureaucrat will till 2021 manage NDIC, an independent agency of the Federal government of Nigeria.
Ibrahim is a Northerner, he is from Kano state.
The aim of the agency is to protect depositors and ensure the settlement of insured funds when a deposit-taking financial institution can no longer repay their deposits, thereby helping to maintain financial system stability.
The NDIC is responsible for protecting depositors and also boost public confidence thereby contributing to the financial system stability in Nigeria.
Buhari’s appointments of some of his administration’s most key officials set off a firestorm of disapproval, with critics characterising the nominations as overwhelmingly lopsided, lacking in gender balance and regional equity.
The Nigerian president inaugurated 36 ministers into his cabinet only five months after assuming the office.
The leader of the nation has been criticised for taking until September to name his ministers at a time when the economy has been badly hit by the fall in oil prices.
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