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Abiru hails Gumel on appointment

By Our Reporter,The Nation

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Abiru hails Gumel on appointment

Senator Tokunbo Abiru representing Lagos East Senatorial District has congratulated Mr. Farouk Gumel on his appointment as chairman of the newly established Botswana Sovereign Wealth Fund.

Abiru, the chairman of Senate Committee on Banking, Insurance & Other Financial Institutions, described the appointment as “a landmark achievement.”

He praised Gumel’s record in financial leadership, governance and transparency, noting his outstanding service as former chairman of Nigerian Sovereign Investment Authority.

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“This role is historic and strategic for Botswana,” Abiru said.

“Farouk’s visionary leadership and commitment to financial stability—proven during his instrumental role in the restructuring of Skye Bank and other national assignments—will be invaluable as Botswana charts a more diversified and sustainable economic future.”

The lawmaker emphasised the broader significance of the appointment:

“At a time when Nigeria is undertaking bold reforms to strengthen its financial institutions, this global recognition of a Nigerian expertise reflects positively on our country and underscores the continent-wide impact of capable leadership.”

He wished Gumel a successful tenure.