President Bola Tinubu has appointed Mr. Ola Olukoyede as the chairman of the Economic and Financial Crimes Commission, EFCC.
The president’s approval was announced on Thursday by the his Special Adviser on Media and Publicity, Ajuri Ngelale in a press statement he issued.
He is to serve for a renewable period of four years in the first instance.
His appointment is subject to the approval of the Senate.
The statement reads in part: “By the powers vested in President Bola Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, that “the Chairman and members of the Commission, other than ex-officio members, shall be appointed by the President,” President Tinubu has approved the appointment of Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years in the first instance, pending Senate confirmation.”
Ngelale said the appointment of Olukoyede followed the resignation of the suspended executive chairman of the EFCC, Mr. Abdulrasheed Bawa.
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Tinubu is also said to have approved the appointment of Mr. Muhammad Hassan Hammajoda to serve as the Secretary of EFCC for a renewable term of five years in the first instance, pending Senate confirmation.
Olukoyede 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).
He said to have fulfilled the statutory requirement for appointment as chairman of the EFCC.
Mr. Muhammad Hassan 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 EFCC, to justify the confidence given to them in “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.”
