President Bola Tinubu has authorized the appointment of 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. This decision follows the resignation of the suspended EFCC Executive Chairman, Mr. Abdulrasheed Bawa. President Tinubu exercised his authority under 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. Olukoyede, a seasoned lawyer with 22 years of experience, specializing in regulatory compliance, fraud management, and corporate intelligence, previously served as Chief of Staff (2016-2018) and Secretary to the Commission (2018-2023).
Additionally, President Tinubu approved the appointment of Mr. Muhammad Hassan Hammajoda as the Secretary of the EFCC for an initial five-year term, subject to Senate confirmation. Hammajoda, a public administrator with a background in public finance management, holds a Bachelor of Science degree in Accounting and an MBA from the University of Maiduguri. He started his career as a lecturer at the Federal Polytechnic, Mubi, before entering the banking sector with successful tenures at the defunct Allied Bank and Standard Trust Bank. President Tinubu urged the newly appointed leaders to uphold the trust placed in them as they embark on a revitalized anti-corruption campaign, aligning with the President’s Renewed Hope agenda and reformed institutional framework in the anti-corruption sector.