Olasupo Olusi Assumes Office as Bank of Industry MD/CEO

The new MD/CEO of the Bank of Industry, Dr. Olasupo Olusi has resumed office. His appointment by President Bola Ahmed Tinubu  followed the voluntary resignation of Mr. Olukayode Pitan after six years as the bank’s MD/CEO.

Prior to his appointment, Olusi was a renowned Senior Economist and development financial expert with over 20 years of experience mainly at the World Bank.
According to a statement yesterday, he had worked across several countries advising national governments on economic growth, fiscal policy and debt management, as well as private and financial sector development.

He has led multi-million-dollar development policy and investment lending projects for the World Bank and the IFC in several countries.
He also led the team of experts that delivered the World Bank Group’s first-ever comprehensive assessment of Nigeria’s private sector in 2020.
Commenting on his appointment, Olusi said, “I am sincerely thankful to President Tinubu for giving me the privilege of leading Nigeria’s oldest, largest and most successful development finance institution.

“I am excited to advance the Bank’s mandate and deliver innovative sustainable economic growth.”
Olusi served as the economic adviser to the then coordinating Minister of the economy and Minister of finance. He also managed several highly impactful federal government projects in this capacity.
He has a Masters degree in International Money, Finance, and Investment, and a PhD in Finance & Economics from Durham University UK.