President Bola Tinubu on Thursday approved the appointment of Mr. Ola Olukoyede to serve as the executive chairman of the economic and financial crimes commission for a renewable term of four years in the first instance.
Olukayode is the first southerner to be made chairman of the commission since it berthed in 2003.
Spokesman for the president, Mr Ajuri Ngelale said in a statement entitled ‘President Tinubu appoints new EFCC chairman and secretary of the commission’ that Tinubu also named Mr Muhammad Hammajoda as secretary of the commission.
He said Olukoyede’s appointment “follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa.”
The new EFCC boss, according to the statement, 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).
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.
“President Bola Tinubu tasks the new leadership of the Economic and Financial Crimes Commission (EFCC) to justify the confidence given to them in this important national assignment as a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector remains a central pillar of the President’s Renewed Hope agenda,” Ngelale said.
