PBAT Appoints New EFCC Chairman

President Bola Tinubu has approved the appointment of Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years in the first instance, pending the Senate’s confirmation.

Mr. Ola Olukoyede is a lawyer with over twenty-two (22) years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.

A statement signed by Ajuri Ngelale, Special Adviser to the President on Media & Publicity on Friday in Abuja says Mr. Olukoyede has extensive experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023).

Mr. Olukoyede’s appointment follows the resignation of the suspended Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa.

President Tinubu also approved the appointment of Mr. Muhammad Hassan Hammajoda to serve as the Secretary of the Economic and Financial Crimes Commission (EFCC) for a renewable term of five years in the first instance, pending the Senate’s confirmation.

Mr. Muhammad Hassan Hammajoda is a public administrator with extensive experience in public finance management who holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same university.

He began his career as a lecturer at the Federal Polytechnic, Mubi, and from there, he went into banking, including successful stints at the defunct Allied Bank and Standard Trust Bank.

The President tasks the new leadership of the Economic and Financial Crimes Commission (EFCC) to justify the confidence reposed in them in this important national assignment as a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector which remains a central pillar of the President’s Renewed Hope agenda.