Mr. Ola Olukoyede has been appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC, by President Bola Tinubu.
This announcement was made by Tinubu’s Special Adviser on Media & Publicity, Ajuri Ngelale, in a statement released on Thursday. The appointment of Olukoyede came after the resignation of the suspended Executive Chairman of the Commission, Mr. Abdulrasheed Bawa.
Additionally, President Tinubu has also given his approval for the appointment of Mr. Muhammad Hassan Hammajoda as the Secretary of the anti-graft agency. This appointment is for an initial term of five years, subject to renewal, and is pending Senate confirmation.
As stated in the statement, President Tinubu’s authority to make these appointments is based on the provisions of section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, which empowers him to appoint the Chairman and members of the Commission, except for ex-officio members.
Mr. Ola Olukoyede is a legal professional with more than twenty-two years of experience as a regulatory compliance consultant and an expert in fraud management and corporate intelligence. He possesses a wealth of experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman from 2016 to 2018 and as Secretary to the Commission from 2018 to 2023. These qualifications meet the statutory requirements for his appointment as Chairman of the EFCC.
Mr. Muhammad Hassan Hammajoda is a public administrator with extensive expertise in public finance management. He holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Master’s in Business Administration from the same institution. His career began as a lecturer at the Federal Polytechnic, Mubi, and he subsequently worked in the banking sector, including successful tenures at the now-defunct Allied Bank and Standard Trust Bank.
In light of these appointments, President Tinubu has charged the new leadership of the Commission to uphold the confidence placed in them and fulfill their duties diligently.