Bank of agriculture new md

You're referring to the Bank of Agriculture (BOA) in Nigeria, which has recently appointed a new Managing Director (MD). Here's the information:

New Managing Director of Bank of Agriculture (BOA)

The Bank of Agriculture (BOA) has appointed Dr. Maheeba Ahmed as its new Managing Director (MD). Dr. Ahmed, a seasoned banker with over 30 years of experience, took over the reins of the bank on January 1, 2022.

Background

Dr. Ahmed holds a Ph.D. in Agricultural Economics from the University of Ibadan and has worked in various capacities in the banking industry, including as a Deputy Managing Director at the Bank of Agriculture. He has also served as a Director on the boards of several companies, including the Nigerian Agricultural Insurance Corporation (NAIC).

Vision and Priorities

In his inaugural address, Dr. Ahmed outlined his vision for the bank, which includes:

  1. Enhancing Agricultural Financing: To increase lending to farmers and agricultural businesses, with a focus on smallholder farmers and rural communities.
  2. Improving Operational Efficiency: To streamline processes, reduce costs, and enhance customer service.
  3. Strengthening Risk Management: To mitigate risks and ensure the bank's stability and sustainability.
  4. Promoting Agricultural Development: To support the growth of the agricultural sector, including through partnerships with government agencies, research institutions, and other stakeholders.

Under Dr. Ahmed's leadership, the Bank of Agriculture is expected to play a key role in promoting agricultural development in Nigeria and contributing to the country's economic growth and food security.