I’m committed to running an open, transparent administration, says Shehu Osidi

Kunle Sanni

The newly appointed Managing Director/Chief Executive, the Federal Mortgage Bank of Nigeria (FMBN),  Shehu Osidi has pledged his commitment to an open, transparent, and accountable administration, in providing innovative solutions to the housing challenges in the country. 

Osidi stated this during a Handover Ceremony held on Monday, at the Board Room of the Bank’s Head Office, as he took over from Madu Hamman, who steered the affairs of the Bank since April 2022, when he was appointed Managing Director/Chief Executive. 

Last week, President Bola Tinubu approved the appointment of Shehu Osidi as the managing director and chief executive officer (CEO) of the FMBN.

Reminiscing on his previous stint at the FMBN the new MD noted that it was a homecoming for him, having served the Bank for 13 years before leaving for another assignment.

He thanked the outgoing Management Team for their selfless service, commending them for doing remarkably well during their tenure Osidi further expressed appreciation to President Tinubu and the Minister of Housing and Urban Development, Ahmed Dangiwa, for giving him and the incoming Executive Directors the opportunity to serve Nigerians in the provision of affordable housing solutions.