Buhari Dissolves AMCON, Appoints Ahmed Lawan Kuru as MD

President Muhammadu Buhari on Tuesday approved the dissolution of the Executive Management Team of the Assets Management Corporation of Nigeria.

The dissolution order was contained in a statement made available to journalists by his Special Adviser on Media and Publicity, Mr. Femi Adesina.

Adesina said the President also approved the reconstitution of the corporation’s management team as follows: Ahmed Lawan Kuru -Managing Director; and Kola Ayeye, Eberechukwu Uneze and Aminu Ismail as Executive Directors.

Until his appointment on Tuesday as Managing Director of AMCON, Kuru was the Group Managing Director of Enterprise Bank Limited.

He started his banking career with the old Habib Bank in 1985 and rose through the ranks to become an Executive Director of Bank PHB (now Keystone Bank) in 2005.

The appointment of Kuru and the three new AMCON Executive Directors is with effect from August 18, 2015.