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Buhari Dissolves AMCON Management, Appoints New MD, Executive Directors

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BEVERLY HILLS, August 18, (THEWILL) – President Muhammadu Buhari has approved the dissolution of the Executive Management Team of the Assets Management Corporation of Nigeria (AMCON), a Presidency statement said Tuesday.

The President also approved the reconstitution of the management team of the corporation as follows:

  • Ahmed Lawan Kuru                  – Managing Director
  • Kola Ayeye                                   – Executive Director
  • Eberechukwu Uneze                 – Executive Director
  • Aminu Ismail                             – Executive Director

The statement by Femi Adesina, the President's spokesman, said, “Until his appointment today as Managing Director of AMCON, Mr. Ahmed Kuru was the Group Managing Director of Enterprise Bank Limited.

“He started his banking career with the old Habib Bank in 1985 and rose through the ranks to become an Executive Director of Bank PHB (now Keystone Bank) in 2005.

“The appointment of Mr. Kuru and the three new AMCON Executive Directors is with effect from today, August 18, 2015.”