Mutallab reappointed CEO of Family Homes Funds

Mr. Abdul Mutallab Muktar has been re-appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Family Homes Funds Limited (FHFL).

Presidential spokesman Ajuri Ngalale made the announcement in a statement on Tuesday.

Mukhtar was originally appointed to the position by former President Muhammadu Buhari in January 2023.

The purpose of these appointments is to strengthen the board and increase FHFL’s effectiveness in meeting housing needs nationwide.

The appointments are “a continuation of the federal government’s efforts to consolidate efforts to stimulate growth opportunities in the real estate sector.”

The designated persons are:

(1) Mr. Demola Adebise – Chairman of the Management Board.

(2) Mr. Abdul Muttalab – CEO/Managing Director

(3) Mr. Abdullahi Musa – Executive Director (Finance)

(4) Mr. Emeka Henry Inegbu – Executive Director (Operations)

(5) Representative of the Ministry of Finance Included – (Non-executive Director)

(6) Representative of Nigeria Sovereign Investment Authority (NSIA) – (Non-Executive Director)

(7) Mr. Sam Okagbue – (Non-Executive Director)

(8) Mr. Musa Ahmed – (Non-Executive Director)

(9) Dr. Eniang Nkang – (Non-Executive Director)

(10) Ms. Bilkisu Usman – (Non-Executive Director)

“The President expects the new board members of this important agency to leverage their expertise, experience and commitment to lead the Family Home Fund toward its mission of driving growth and development in the real estate sector,” the statement added.