In an official announcement, President Bola Tinubu has appointed Mr. Ola Olukoyede as the Chairman of the Economic and Financial Crimes Commission (EFCC).

This development comes following the resignation of the suspended Executive Chairman of the Commission, Mr. Abdulrasheed Bawa. Tinubu's Special Adviser confirmed the appointment on Media & Publicity, Ajuri Ngelale.

Additionally, President Tinubu has approved the appointment of Mr. Muhammad Hassan Hammajoda as the Secretary of the anti-graft agency. Hammajoda's term is initially set for five years, pending Senate confirmation.

This appointment aligns with the powers vested in President Bola Tinubu as established in Section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, which grants him the authority to appoint the Chairman and members of the Commission. Mr. Ola Olukoyede, with over 22 years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence, will serve as the Executive Chairman. He has a strong background in the operations of the EFCC, having previously held positions as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023), fulfilling the statutory requirements for the Chairman's role.

Mr. Muhammad Hassan Hammajoda, a public administrator with expertise in public finance management, will assume the role of Secretary. He holds a Bachelor of Science in Accounting from the University of Maiduguri and a Masters in Business Administration from the same institution. His career journey includes experience as a lecturer at the Federal Polytechnic, Mubi, and successful stints in the banking sector, including roles at the defunct Allied Bank and Standard Trust Bank.

President Tinubu has urged the new leadership of the Commission to uphold the trust placed in them and fulfil their responsibilities diligently.