Senate Screens Two Nominees for NDIC Board Positions

Senate Screens Two Nominees for NDIC Board Positions

The Senate has successfully screened two nominees of President Muhammadu Buhari as Non-Executive Directors to the NDIC Board.

They are Ms. Diana Okonta and Hajiya Ya’ana Yaro.

During the exercise, Chairman of the Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani commended the President for the nomination of two Nigerian women as Non-Executive Directors to the Board of the corporation.

The Committee Chairman expressed delight that the two nominees were both women with proven track record of impressive performance. He therefore expressed the hope that they would bring their vast experience to bear in the performance of the board.

While noting that the country, like other parts of the world, was facing difficult situation with the fight against COVID-19, Sani charged the NDIC Board and Management to re-double their efforts at promoting good corporate governance practices in the banking industry.

Sani, also commended the NDIC for constantly responding to emerging trends and business models in the financial sector.

Female members of the Committee, Senators Betty Apiafi and Uche Ekwunife, expressed the Committee’s satisfaction with the President for appointing women to the board of the Corporation.

She noted that both nominees were accomplished technocrats of very high quality who had distinguished themselves in their chosen careers. She also said they were well-placed to add rigor to the performance of the Board of the Corporation.

Okonta and Yaro are nominees to represent the south-south and north-east geo-political zones, respectively, on the Board of the NDIC.

Okonta, a Fellow of the Institute of Chartered Accountant of Nigeria (ICAN) has over 30 years cognate experience spanning both the private and public sectors. On the other hand, Yaro, is a member of the ICAN and Nigeria Institute of Marketing with over thirty years’ experience in both the private and public sectors.

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