Breaking: EFCC Gets A New Chairman

Ola Olukoyede

President Bola Tinubu has approved the appointment of Mr. Ola Olukoyede on Thursday who is set 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.

“Mr. Olukayode’s appointment follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa,” a statement signed by the President’s Special Adviser to the President on Media and Publicity, Ajuri Ngelale, read on Thursday.

The statement states ‘President Tinubu appoints new EFCC. Chairman and Secretary of the Commission.’

Olukoyede is a lawyer by profession with over 22 years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.

He is believed to have 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). On that note, he fulfills the statutory requirement for appointment as Chairman of the EFCC.

Also, President Tinubu approved the appointment of Mr. Muhammad Hammajoda to serve as the Secretary of the EFCC for a renewable term of five years in the first instance, pending confirmation from the Senate.

Hammajoda is a public administrator with extensive experience in public finance management he also holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Master in Business Administration from the same university.
Mr. Muhammad Hammajoda began his career as a lecturer at the Federal Polytechnic, Mubi.  he went into banking, including successful stints at the defunct Allied Bank and Standard Trust Bank.

The president implore the new leadership of the commission to justify the confidence given to them in this 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.

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