Buhari appoints Umar-Sadiq new MD of NSIA


 

Mr Buhari also appointed Kolawole Owodunni and Bisi Makoju as Executive Directors of the Authority.

President Muhammadu Buhari has approved the appointment of Aminu Umar-Sadiq as the Managing Director and Chief Executive Officer (MD/CEO) of the Nigeria Sovereign Investment Authority, NSIA.

Mr Buhari also appointed Kolawole Owodunni and Bisi Makoju as Executive Directors of the Authority.

This was disclosed in a statement issued on Monday by the Special Adviser, Media and Communications to the Finance Minister, Yunusa Abdullahi.

Umar-Sadiq was a former Executive Director and Head of Infrastructure at the NSIA prior to his appointment.

His appointment as the new MD/CEO followed the end of Uche Orji’s two-term appointment of five years each since October 2, 2012, which elapsed on September 30.

The Nigeria Sovereign Investment Authority (NSIA) is an investment institution of the federation set up to manage funds in excess of budgeted hydrocarbon revenues.

He holds a Bachelor’s and Master’s degree in Engineering Sciences from the University of Oxford (Saint John’s College), Oxford, United Kingdom (UK).

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