President Bola Tinubu on Thursday appointed Mr. Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission pending his confirmation by the Nigerian Senate.
This comes almost four months after the former EFCC Chairman, Mr Abdulrasheed Bawa was removed by the president, and detained by the Department of State services.
However a statement signed by the President’s Special Adviser to the President on Media and Publicity, Ajuri Ngelale, claimed that “Mr. Olukayode’s appointment follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa,”
Olukayode will serve for a renewable term of four years in the first instance.
The new EFCC chairman is a lawyer with over 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.
President Tinubu also appointed Mr. Muhammad Hammajoda to serve as the Secretary of the EFCC for a renewable term of five years in the first instance, pending Senate confirmation.
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.
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