President Bola Tinubu has officially appointed Mr. Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for an initial four-year term, subject to Senate confirmation and renewable thereafter.
This decision follows the suspension of the former head of the anti-graft agency, Mr. Abdulrasheed Bawa, nearly four months ago.
The announcement was made through a statement by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale.
The statement, titled ‘President Tinubu Appoints New EFCC Chairman and Secretary of the Commission,’ indicates that Olukoyede, a seasoned lawyer with more than 22 years of experience in regulatory compliance, fraud management, and corporate intelligence, is well-equipped for this role.
He possesses a wealth of experience in the operations of the EFCC, having previously served as the Chief of Staff to the Executive Chairman from 2016 to 2018 and as the Secretary to the Commission from 2018 to 2023, satisfying the statutory requirements for the position of Chairman.
Additionally, President Tinubu has also approved the appointment of Mr. Muhammad Hammajoda as the Secretary of the EFCC, with an initial five-year term, subject to Senate confirmation.
Hammajoda, a public administrator, brings his extensive expertise in public finance management to the table. 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 professional journey commenced as a lecturer at the Federal Polytechnic, Mubi, and he subsequently had successful tenures in the banking sector, including stints at the defunct Allied Bank and Standard Trust Bank.
The President has charged the new leadership of the EFCC with the responsibility of upholding the confidence placed in them as they embark on their crucial national assignment.