NIRSAL gets new MD/CEO, inaugurates board

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NIRSAL PLC has appointed Mr Babajide Arowosafe as the Managing Director and Chief Executive Officer.

I has also inaugurated new board members following its reconstitution.

The new board has swung into action, emphasising the need to refocus NIRSAL PLC on its core mandate of de-risking agricultural lending.

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Following the reconstitution of the Board of Directors of NIRSAL PLC, the new board members were inaugurated at the 21st meeting of the Board of Directors held on Tuesday.

The Board members include:

Mr. Muhammad Sani Abdullahi, Deputy Governor, Economic Policy, Central Bank of Nigeria, as Chairman

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

Hon. Shehu Balarabe, Non-Executive Director

Mr. Arowosafe, the new Managing Director/CEO, is a development finance expert with experience from the International Finance Corporation (IFC), the World Bank, the United Nations Development Programme (UNDP), Ekiti State Government, and Southwest Agric Company (SWAgCo).

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