From Bello Wakili

President Muhammadu Buhari has approved the appointment of Dr. Mahmoud Isa-Dutse as Executive Director on the Board of Islamic Development Bank, IsDB, in Jedda, Saudi Arabia.

Dr. Dutse was a Permanent Secretary in the Federal Ministry of Finance, Budget and National Planning.

He has enormously interacted with development partners and international financial institutions during his tenure as Permanent Secretary.

Dr Mahmoud is quite familiar with the modus operandi of multilateral institutions such as IsDB and he is well respected in those institutions.

During his tenure as Permanent Secretary, he represented Nigeria on Boards of Governors and Directors of African Export-Import Bank, Organisation of the Petroleum Exporting Countries, OPEC, Fund for International Development, World Bank, African Development Bank, Islamic Development Bank, ECOWAS Bank for Investment, Central Bank of Nigeria, CBN, Nigerian National Petroleum Corporation NNPC, and Asset Management Corporation of Nigeria, AMCON,.

The position of Executive Director on the Board of IsDB is part time in nature.

Executive Directors travel to attend Board meetings quarterly or as determined by management to consider critical policy issues.

Before his appointment as Permanent Secretary, Dr Dutse was the Acting Chairman and subsequently a Non-Executive Director of the Emerging African Infrastructure Fund, EAIF.

He is a renowned banker with 23 years vast experience in the financial sector, having graduated in Economics with MBA and Ph.D in Business Administration.

Dr. Dutse is taking over from Alhaji Shuaibu Gambo, who was appointed on 1st July, 2011 and has held the position for about 10 years.

The new Executive Director is expected to bring to the Board new ideas, innovations and contribution and provide Nigeria with opportunity for a voice to demand and access additional resources from the Bank.

Similarly, President Muhammadu Buhari has approved the appointment of Dr. Oyebode Oyetunde as Executive Director for Nigeria at the African Development Bank (AfDB) in Abidjan, Cote D’Ivoire.

Before the appointment, Dr. Oyetunde was Senior Special Assistant to the President on Finance and Fiscal Policy as well as Legal Matters in the Office of the Chief of Staff to President.

He was also Special Advise, Fiscal Policy, to the Minister of Finance, Budget and National Planning.

Dr Oyetunde is a Chartered Accountant and a fiscal policy tax expert with 24 years of experience in investment banking.

He is a Ph.D graduate of Queen Mary and Westfield college, University of London and has a Law and Accounting Masters degree from the London School of Economics and Political Science.

Dr Oyetunde is equally a legal practitioner qualified in Nigeria, England and Wales, a member of the Institute of Chartered Accountants of Nigeria, ICAN, and the Chartered Institute of Taxation of Nigeria CITN.

He worked in the Federal Ministry of Finance from 2008 to 2011, providing technical support in macro-economic and fiscal policy, taxation and other aspects of public financial management.

Dr Oyetunde is taking over from Dr. Bright Okogu, whose tenure will come to an end at the bank on 15th May, 2021, having served as a two-time Executive Director.

The position of the Executive Director in AfDB is strategic as it affords Nigeria the opportunity to be in the forefront when key policy decisions are taken regarding the African region.