PRESIDENT BUHARI SACKS AMCON EXECUTIVE MANAGEMENT TEAM, APPOINTS MR. AHMED KURU AS NEW MD.

President Muhammadu Buhari on Tuesday dissolved the Executive Management Team of the Assets Management Corporation of Nigeria (AMCON).

The president swiftly gave approval for the reconstitution of the management team of the corporation.

In the new team, Mr. Ahmed Lawan Kuru was named the Managing Director.

Other names assigned various portfolios in the Corporation included, Mr. Kola Ayeye, Executive Director, Mr. Eberechukwu Uneze, Executive Director and Mr. Aminu Ismail also an Executive Director.

Until his appointment Tuesday as the new Managing Director of AMCON, Mr. 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 which was renamed Keystone Bank in 2005.

The appointment of Mr. Kuru and the three new AMCON Executive Directors became effective from the day of appointment.

Vanguard