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[BOOM] Buhari Fires Chike Obi, Appoints new AMCON Boss

The Federal Government on Tuesday ‘sacked’ the Managing Director, Assets Management Corporation of Nigeria, Mr. Mustafa Chike-Obi and also dissolved the Management Team of the corporation. The Special Adviser to the President on Media and Publicity Mr. Femi Adesina, made this announcement in a statement released Tuesday. Mr Chike Obi’s tenure, Nairametrics understands was actually […]

[BOOM] Buhari Fires Chike Obi, Appoints new AMCON Boss
  • The Federal Government on Tuesday ‘sacked’ the Managing Director, Assets Management Corporation of Nigeria, Mr. Mustafa Chike-Obi and also dissolved the Management Team of the corporation.
  • The Special Adviser to the President on Media and Publicity Mr. Femi Adesina, made this announcement in a statement released Tuesday.
  • Mr Chike Obi’s tenure, Nairametrics understands was actually supposed to have come to and end in September 2015.
  • Ahmed Lawan Kuru has now replaced Chike Obi as the new managing director of the corporation
  • Ahmed Lawan Kuru before now was the Group Managing Director of Enterprise bank, which was recently sold to Skye Bank Plc by AMCON.
  • Kuru had risen through the ranks to become and executive director in Bank PHB (Enterprise Bank)
  • The president also named Kola Ayeye, Eberechukwu Uneze and Aminu Ismail as new executive directors.
  • The appointment of Kuru and the three new AMCON executive directors took effect from August 18, 2015, the statement added.




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