Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL PLC), has appointed Mr. Babajide Arowosafe, as its new Managing Director and Chief Executive Officer, while also inaugurating the Board Members of its newly reconstituted board of directors.
A statement by the Head, Corporate Communications, Jude Anadozie stated that the Board of Directors were inaugurated at the 21st Meeting of the Board of Directors in Abuja.
The New Board is led by the Deputy Governor, Economic Policy, Central Bank of Nigeria, Mr. Muhammad Sani Abdullahi.
Others include Mallam Ado Wanka – Non-Executive Director; Dr. Daphne Dafinone – Non-Executive Director; Mr. Hamidu Sa’ad – Non-Executive Director; Dr. Bankole Allibay – Non-Executive Director, and Hon. Shehu Balarabe – Non-Executive Director.
Nnadozie, while stating the mission of the Board, re-emphasised the need to refocus NIRSAL Plc back to its core mandate of de-risking agricultural lending.
Mr. Babajide Arowosafe, is a development finance expert, with
experience from International Finance Corporation (IFC), the World Bank, United Nations Development Programme (UNDP), Ekiti State Government, and Southwest Agric Company (SWAgCo).
Source: Voice of Nigeria