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Senate Confirms Alade As AMCON’s New MD

The Senate on Tuesday confirmed Mr. Gbenga Alade as the Managing Director of Asset Management Corporation of Nigeria (AMCON) based on his nomination by President Bola Tinubu and recommendations by the appropriate committee of the upper legislative chamber.

Others that were confirmed by the lawmakers as Executive directors of AMCON were Adeshola Lamidi, Lucky Adaghe and Dr Aminu Mukthar.

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

The Chairman of the Committee, Senator Adetokunbo Abiru, presented the report for consideration during plenary and other lawmakers adopted the recommendations on the nominees.

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