President Bola Ahmed Tinubu has approved the appointment of Ola Olukoyede as the new Executive Chairman of the Economic and Financial Crimes Commission (EFCC), pending his confirmation by the Senate. This development was made known in a statement issued on Thursday by Ajuri Ngelale, Special Adviser to the President on Media and Publicity.
The statement reads in part, “Ola Olukoyede is a lawyer with over twenty-two (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 serves as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2020).
“As such, he fulfills the statutory requirement for appointment as Chairman of the EFCC.”
The statement added that the appointment “follows the resignation of the suspended EFCC Chairman Abdulrasheed Bawa” and further disclosed the appointment of a new Secretary to the Commission.
According to the statement, “Furthermore, President Bola Tinubu has approved the appointment of Muhammad Hassan 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.
“He began his career as a lecturer at the Federal Polytechnic, Mubi. From there, he went into banking including successful stints at the defunct Allied Bank and Standard Trust Bank.”
