Ex-Wema Bank CEO Ademola Adebise appointed chairman of Family Homes Funds

Former Wema Bank CEO Ademola Adebise

President Bola Tinubu has appointed a former chief executive of Wema Bank Ademola Adebise as chairman of the Family Homes Funds Limited (FHFL).

The president’s spokesman Ajuri Ngelale announced this in a statement on Tuesday.

According to the statement, other members of the fund include Abdul Muttalab (CEO/MD); Abdullahi Musa (executive director, finance) and Emeka Inegbu (executive director, operations).

The statement read: “In furtherance of the government’s to consolidate activities to energise the growth opportunities within the real estate sector, President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the Family Homes Funds Limited (FHFL)

“Ademola Adebise – Board Chairman; Abdul Muttalab – Chief Executive Officer/Managing Director; Abdullahi Musa – Executive Director (Finance); Emeka Henry Inegbu – Executive Director (Operations); Representative of the Ministry of Finance Incorporated – (Non-Executive Director); Representative of the Nigeria Sovereign Investment Authority (NSIA) – (Non-Executive Director); Sam Okagbue – (Non-Executive Director); Musa Ahmed – (Non-Executive Director); Dr. Eniang Nkang – (Non-Executive Director); Ms. Bilkisu Usman – (Non-Executive Director).

“The President expects that the new board members of this important agency will deploy their expertise, experience, and commitment to steer the Family Homes Funds towards achieving its mandate of driving growth and development in the real estate sector.”