AMCON’s new DG will improve debt recovery, says commentator

Alade Abayomi ADeleke
Alade Abayomi ADeleke
AMCON’s new DG will improve debt recovery, says commentator

Melvin Onwubuke



Public commentator, Raheem Ajayi said the new Managing Director of Asset Management Corporation in Nigeria, Gbenga Alade, will improve the organisation’s debt recovery.


Ajayi in a statement, noted that with the appointment of Alade, the government had made a laudable commitment to appoint competent persons in an appropriate position for the sake of the country.


He said, “Without doubt, Alade’s verifiable record of excellent performance in the financial sector offers a fresh breath of air at AMCON. A first-class graduate of the University of Lagos (and a master’s degree from the same university) with an enviable career in the banking sector, the new AMCON helmsman is a perfect choice at this crucial moment of economic downturn when quality and efficient service is expected from the highly motivated workforce and purposeful leadership across the public sector.


“Alade is a thoroughbred professional with an uncommon zeal for excellence and determination.”


Ajayi believes that the story of debtors’ repeated debt evasion and their penchant for incomprehensible technicalities to hinder asset recovery is going to be changed by a new leadership in AMCON.


“There is no doubt Mr President has made a good choice with the appointment of a new head of AMCON. There is a high expectation that Alade would use his wealth of experience to engage with stakeholders across the board in delivering on the crucial task of debt and asset recovery,” Ajayi noted.


Recall, President Bola Tinubu in February approved the appointment of Alade, as the new boss of AMCON.

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