Tinubu appoints Adebise, Muttalab as board chair, CEO of Family Homes Fund

President Bola Ahmed Tinubu has approved the appointment of Mr Demola Adebise as the Board Chairman of the Family Homes Funds Limited (FHFL).

Ajuri Ngelale, Special Adviser to the President on Media and Publicity, in a statement on Tuesday, also said that Mr Abdul Muttalab had been appointed as Chief Executive Officer/Managing Director of the fund.

The presidential spokesman said the appointments were in furtherance of efforts by the federal government to consolidate activities aimed at energising the growth opportunities within the real estate sector.

Ngelale said the president expected that the new board members of the agency would 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.

Others appointed into the board are Mr Abdullahi Musa as Executive Director (Finance) and Mr Emeka Henry Inegbu as Executive Director (Operations).

Mr Sam Okagbue is expected to serve as a non-executive director, the same as Mr Musa Ahmed, Dr Eniang Nkang and Ms Bilkisu Usman.

The board is also to be complemented with representatives from the Ministry of Finance Incorporated and the Nigeria Sovereign Investment Authority (NSIA) as non-executive directors.