President Bola Tinubu has announced the appointment of new board members for Family Homes Funds Limited (FHFL).
In a statement released on Tuesday, Ajuri Ngelale, the president’s special adviser on media and publicity, noted that this move aims to bolster growth opportunities within the real estate sector.
Among the newly appointed members is Demola Adebise, the former CEO of Wema Bank, who will now serve as the board chair. Other appointees include Abdul Muttalab as CEO and managing director, and Abdullahi Musa as executive director of finance.
Additional board members include Emeka Henry Inegbu as executive director of operations, representatives from the Ministry of Finance Incorporated and the Nigeria Sovereign Investment Authority (NSIA) as non-executive directors, as well as Sam Okagbue, Musa Ahmed, Eniang Nkang, and Bilkisu Usman, all serving as non-executive directors.
Ngelale emphasized that President Tinubu expects the new board members to leverage their expertise, experience, and dedication to guide Family Homes Funds in fulfilling its mandate of fostering growth and development in the real estate sector.
