Buhari appoints Ayo Gbeleyi as new Chairman, Federal Mortgage Bank of Nigeria

President Muhammadu Buhari has approved the appointment of Mr Ayodeji Ariyo Gbeleyi as the new Chairman of the Board of Directors of the Federal Mortgage of Bank of Nigeria (FMBN).

Gbeleyi was appointed to replace the immediate past Chairman of FMBN, Chief Adewale Adesoji Adeeyo, who recently passed on.

This disclosure is contained in a statement titled, “President Buhari approves Ayo Gbeleyi as Chairman, Federal Mortgage Bank,” issued by the Special Adviser to the President on Media and Publicity, Femi Adesina, on Friday in Abuja.

Adesina in the statement said that Gbeleyi is a chartered accountant and an associate of the Chartered Institute of Taxation and also a well-known financial expert who was once a Commissioner for Finance in Lagos State as well as a player in the aviation sector.

Prior to becoming the Commissioner of Finance in Lagos, Gbeleyi was the Director-General of the Lagos State’s Office of Public-Private Partnerships, PPP, as well as the Special Adviser to the Governor on PPP, the agency driving the Government-to-Business (G2B) collaboration policy thrust for the acceleration of infrastructure delivery towards the actualisation of the vision of making Lagos Africa’s model megacity.

He was also a co-partner with African Advisors, a consultancy boutique with focus on Telecoms, Infrastructure and PPP Advisory Services.

With over a decade of distinguished banking career in senior positions of cross-functional responsibilities, Ayo Gbeleyi was the pioneer and only Chief Treasury Officer, Celtel Nigeria Limited, who led the company’s USD 1.1 billion Project Finance that won the Euromoney’s Project Finance Magazine’s Europe, Middle East, and Africa,EMEA, Telecoms Deal of the Year 2005.