Nigerian Directors Elect Mohammed As New Chairman


Alhaji Ahmed Rufai Mohammed

The Institute of Directors (IoD) has elected Alhaji Ahmed Rufa’i Mohammed as the new president/chairmanof its Council.

He was elected as the 15th President at the institute’s 2017 Annual General Meeting held in Lagos.

Mohammed, who succeeds Mr. Samuel Yemi Akeju, is a professional investment manager and seasoned administrator with over 30 years of experience in Project Development and Portfolio Management. He is currently the Executive Vice Chairman of Northbridge Investment and Trust Ltd, Chairman Northbridge Micro Finance Bank Ltd and a Director on the group board of Royal Exchange Plc.

The new IoD President is an alumnus of Ahmadu Bello University (ABU) Zaria and Manchester Business School, UK. He served at the Kano State Investment and Properties Limited soon after graduation in 1976 where he rose from an Investment Executive to become the Organisation’s Finance Controller in 1984. In 1991, he joined the biggest public sector pension fund in the country, Nigeria Social Insurance Trust Fund, as Assistant General Manager and became General Manager (Investment and Treasury) in 1993. In 2002, he became the Managing Director/CEO of the organisation and retired in 2007.

He has served as a Director in many private and quoted companies including Afribank Nig. Plc, First Securities Discount House, Nigerian German Chemicals Plc, Standard Trust Bank and Kapital Insurance Ltd. He was also the pioneer Chairmen of Trustfund Pensions Plc and the chairman of the IOD Centre for Corporate Governance.

Also elected are Dr. Chris Okunowo, and Dr. Ije Jidenma, as first Vice President and second Vice President respectively.

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