President Muhammadu Buhari has approved the immediate removal of Jim Obazee as the Executive Secretary of the Financial Reporting Council of Nigeria, FRC.
He has also appointed a Chairman and a new Executive Secretary for the council.
The new Council as approved by the President has Mr Adedotun Sulaiman as Chairman.
Sulaiman is a Chartered Accountant and a product of the University of Lagos and Harvard Business School.
Similarly, the President has approved the appointment of Mr. Daniel Asapokhai as the Executive Secretary of the Council.
Mr. Asopokhai was until his appointment, a partner and a Financial Reporting Specialist at a private firm, the PricewaterHouseCoopers Nigeria.
He is a product of the University of Lagos and the University of Pretoria.
Meantime, President Muhammadu Buhari has instructed the Minister of Industry, Trade, and Investment, Dr Okechukwu Enelama, to invite the nineteen ministries, departments and agencies of the Federal Government and private sector organizations specified in the FRC Act to nominate members for the Board of the Council.
Source: Voice of Nigeria