President Bola Tinubu has appointed former Managing Director of Wema bank, Ademola Adebise, as chairman of the Family Homes Funds Limited (FHFL), a move to boost growth in the real estate sector.
According to a statement yesterday by Special Adviser to the President on Media and Publicity, Ajuri Ngelale, other members include Abdul Muttalab (CEO/MD); Abdullahi Musa (Executive Director, Finance) and Emeka Henry Inegbu (Executive Director, Operations).
The statement reads: “In furtherance of the government’s to consolidate activities to energise the growth opportunities within the real estate sector, President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the Family Homes Funds Limited (FHFL)
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Ademola Adebise – Board Chairman; Abdul Muttalab – Chief Executive Officer/Managing Director; Abdullahi Musa – Executive Director (Finance); Emeka Henry Inegbu – Executive Director (Operations); Representative of the Ministry of Finance Incorporated – (Non-Executive Director); Representative of the Nigeria Sovereign Investment Authority (NSIA) – (Non-Executive Director); Sam Okagbue – (Non-Executive Director); Musa Ahmed – (Non-Executive Director); Dr. Eniang Nkang – (Non-Executive Director); Ms. Bilkisu Usman – (Non-Executive Director).
“The President expects that the new board members of this important agency will deploy their expertise, experience, and commitment to steer the Family Homes Funds towards achieving its mandate of driving growth and development in the real estate sector.”