Senate okays Gbenga Alade as MD of AMCON

The Senate on Tuesday, March 19, confirmed the nomination of Gbenga Alade for appointment as the managing director of the Asset Management Corporation of Nigeria (AMCON).

The Senate also confirmed the nomination of Adeshola Lamidi, Lucky Adaghe and Dr. Aminu Murktar Dan’amu for appointment as executive directors in AMCON.

The resolution of the Red Chamber followed its adoption of the recommendations of the Senate Committee on Banking, Insurance and other financial institutions that screened the nominees.

Chairman of the Committee, Senator Adetokunbo Abiru, presented the report.

President Bola Tinubu had earlier forwarded the nominees to the Senate and urged them to consider and confirm them for appointment.