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Report: Nigeria's Bank of Industry gets new managing director, chairman

Nigerian Vice President Yemi Osinbajo approved the appointment of Olukayode Pitan as managing director of Bank of Industry Ltd., ThisDay reported May 28, citing an announcement on the government's Twitter page.

Pitan replaces acting Managing Director Waheed Olagunju.

The appointment of Dikko Aliyu AbdulRahman as chairman of Bank of Industry's governing board was also approved.

Osinbajo is Nigeria's acting leader because President Muhammadu Buhari is on medical leave in the U.K.