The Nigerian President, Bola Ahmed Tinubu has appointed Ola Olukoyede as Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years pending the Senate’s confirmation.
Below are six things to know about the new EFCC chairman:
1. Ola Olukoyede hails from Ekiti State
2. He is a lawyer with over twenty-two (22) years of experience.
3. He has served as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.
4. Mr. Ola Olukoyede has extensive experience in the operations of the EFCC
5. He has previously served as Chief of Staff to the Executive Chairman (2016-2018)
6. He also served as a secretary to the Commission (2018-2023). As such, he fulfills the statutory requirement for appointment as Chairman of the EFCC.
NIGERIAN PRESIDENT BOLA AHMED TINUBU APPOINTS NEW EFCC CHAIRMAN AND SECRETARY OF THE COMMISSION
By the powers vested in President Bola Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, that “the Chairman and members of the Commission, other than ex-officio members, shall be appointed by the President," President Tinubu has approved the appointment of Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years in the first instance, pending Senate confirmation.
Mr. Ola Olukoyede is a lawyer with over twenty-two (22) years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence. He has extensive experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023). As such, he fulfills the statutory requirement for appointment as Chairman of the EFCC.
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Mr. Olukoyede's appointment follows the resignation of the suspended Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa.
Furthermore, President Bola Tinubu has approved the appointment of Mr. Muhammad Hassan Hammajoda to serve as the Secretary of the Economic and Financial Crimes Commission (EFCC) for a renewable term of five years in the first instance, pending Senate confirmation.
Mr. Muhammad Hassan Hammajoda is a public administrator with extensive experience in public finance management who holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same university. He began his career as a lecturer at the Federal Polytechnic, Mubi. From there, he went into banking, including successful stints at the defunct Allied Bank and Standard Trust Bank.
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