President Muhammadu Buhari has approved the immediate dissolution of the Interim Management Team for Bank of Agriculture and appointed Alwan Ali Hassan, a seasoned Banker, as the Bank’s Acting Managing Director.
The approval was conveyed to the Minister of Agriculture and Rural Development, Muhammad Sabo Nanono via a letter dated May 5, 2020 with reference No. PRES/95/MARD/14.
Hassan’s appointment is expected to turn the fortunes of the Bank around considering his decades of experience in the banking sector.
He worked with Bank PHB, First Bank of Nigeria, African International Bank Limited, United Bank for Africa and the Central Bank of Nigeria.
Alwan Hassan hails from Kano State and holds a Master’s Degree in Business Administration. He has served on the Management Boards of Orient Bank Uganda; Bank PHB Gambia, Platinum Capital and Trust Limited, Nigeria.
Until his appointment, Alwan Hassan was Chairman/CEO Midrange Universal Biz Limited. He is a member of the Chartered Institute of Bankers and the Nigerian Institute of Quantity Surveyors among others. He also has a thorough grooming of management prowess having attended trainings at the famous IMD Business School Luasanne, Switzerland and Intrados Business School, Washington DC, USA.
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As the nation’s apex agricultural and rural development finance institution, the Bank of Agriculture is saddled with the responsibility of providing agricultural credit facilities to support agricultural value chain activities in Nigeria.
(Editor: Terverr Tyav)
