Hassan takes over from Adamu as Bank of Agric MD,

By Ezurike  Ugochukwu

The President, Muhammadu Buhari has approved the appointment of Alwan Hassan as the acting Managing Director of the Bank of Agriculture (BoA).

Hassan a former Executive Director of Bank PHB takes over from Kabir Mohammed Adamu, who has been in the service of the BOA since 2013, the President also approved the immediate dissolution of the interim management team of the bank.

In a statement made available to nationupdate online , and signed by Theodore Ogaziechi, Director of Information, Ministry of Agriculture and Rural Development,  stated that Hassan was a seasoned banker with over two decades of experience in the banking industry and was Chairman/CEO Midrange Universal Biz Limited.

Nanono, Agric. Minister

The statement, has it that his appointment was conveyed to him in a letter dated May 5, 2020,  referenced. PRES/95/MARD/14. Signed by the Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono.

The minister stated that the  appointment of Hassan was most apt and would expectedly turn the fortunes of the bank around owing to his experiences at Bank PHB, FirstBank of Nigeria, African International Bank Limited, United Bank for Africa and the Central Bank of Nigeria which have spanned for decades.

Hassan is expected to work directly with the bank’s board and management team to implement the transformation reforms going on in the bank.

The statement partly reads “The Bank of Agriculture being the nation’s apex agricultural and rural development finance institution, saddled with the responsibility of providing agricultural credit facilities in support of agricultural value chain activities, will benefit immensely from the vast banking experiences of Alwan Ali Hassan.

“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 in the Gambia and Platinum Capital and Trust Limited, Nigeria.

“Alwan Hassan, who until his appointment was Chairman/CEO Midrange Universal Biz Ltd., is a member of the Chartered Institute of Bankers, 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 Lausanne, Switzerland and Intrados Business School, Washington DC, USA,” the statement added.

The BOA, incorporated in 1972 as Nigerian Agricultural Bank (NAB), was later in  October 2010 rebranded as BOA, its the leading agricultural and development finance institutions.

The bank is saddled with providing agricultural credit facilities to support all agricultural value chain activities, as well as capacity development through the promotion of co-operatives and agricultural systems enhancement.