CBN Caps Gas Intervention Fund at N10bn Per Obligor – Investors King Ltd

CBN Caps Gas Intervention Fund at N10bn Per Obligor – Investors King Ltd

Access Bank has appointed MR. HASSAN M.T. USMAN, FCA, as an independent non-executive director on its board following approval of the Central Bank of Nigeria.

In a statement signed by Sunday Ekwochi, Company Secretary, Access Bank, the bank said Usman, the Founder and Chief Executive Officer of New Frontier Development Limited, will add significant value to the bank’s quest to become Africa’s Gateway to the World.”

Prior to this appointment, Usman was “the Managing Director/Chief Executive Officer of Aso Savings and Loans Plc and an Executive Director at Abuja Investment and Property Development Company Limited. He was at various times the Deputy Director and Head of Petrochemicals and Gas Unit; Transport Sector Reform Team as well as the Deputy Director Telecoms Reform, Team Lead and Head NITEL Privatisation at the Bureau of Public Enterprises. He also worked with Central Bank of Nigeria, Arthur Andersen and CitiBank Nigeria.

“Mr. Usman holds a Bachelor of Arts Degree in Economics from University of Sussex and a Master of Philosophy in Development Economics from University of Cambridge. He is a Fellow of the Institute of Chartered Accountants of England and Wales. Mr. Usman is also an Eisenhower Fellow and Archbishop Desmond Tutu Fellow of the African Leadership Institute.”

Over the years, he served as a member of the Board of Directors of the Nigeria Sovereign Investment Authority, Nigeria Mortgage Refinance Company and Council of The Nigerian Stock Exchange,” the bank stated.

Speaking on the appointment, Dr. (Mrs.) Ajoritsedere Awosika MFR, the Chairman of the Bank said: “We are very delighted to be joined by Mr. Hassan M. T. Usman, a leader with a rich blend of academic, entrepreneurial and public sector experiences which are all relevant to the needs of our Board.

“As we embark on the next phase of our enterprise transformation, we continue to strengthen the diversity of our board. We are strongly convinced that he will no doubt add significant value to our quest to become Africa’s Gateway to the World.”

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