Abuja, Nigeria, July 3, 2026 — The Bank of Agriculture (BOA) has inaugurated its new Board of Directors at a ceremony held at the Federal Ministry of Agriculture and Food Security, ushering in a new phase of strategic leadership to strengthen the Bank’s role in advancing agricultural development, economic growth, and financial inclusion across Nigeria.

The ten-member Board will provide strategic oversight as the Bank continues to deliver on its mandate of supporting Nigeria’s agricultural sector through accessible financing, promoting food security, empowering rural communities, and driving sustainable economic development.

During the inauguration, the new Board was charged to work harmoniously, diligently, and with utmost fidelity to the nation in advancing the Bank’s mandate as a critical development finance institution. The Board is expected to provide leadership that supports projects capable of creating jobs, reducing poverty, and improving the socio-economic well-being of Nigerian families.

The newly inaugurated Board comprises:

• Muhammad Babangida — Chairman
• Ayodeji Oludare Sotinrin — Managing Director/Chief Executive Officer
• Fatima Garba — Executive Director, Corporate Services
• Hakeem Oluwatosin Salami — Executive Director, Operations & IT
• Ka’amuna Ibrahim Khadi — Executive Director, Risk Management
• Rabiu Idris Funtua — Non-Executive Director
• Kpochi Donald Iorgyer — Non-Executive Director
• Aminu Malami Mohammed — Non-Executive Director
• Oladejo Odunuga — Non-Executive Director
• Charles Amuchienwa — Non-Executive Director

Speaking at the inauguration, Chairman of the Board, Muhammad Babangida, reaffirmed the Board’s commitment to working closely with Management to reposition the Bank as a leading development finance institution supporting the Federal Government’s priorities on food security, job creation, and inclusive economic growth.

“Today’s inauguration represents more than the constitution of a new Board. It marks a renewed commitment to strengthening the Bank and positioning it to deliver greater impact in support of Nigeria’s agricultural transformation.”

Managing Director/Chief Executive Officer, Ayodeji Oludare Sotinrin, said the Bank remains focused on translating that vision into measurable outcomes through stronger governance, improved access to agricultural finance, and strategic partnerships that empower farmers, agribusinesses, and rural communities across the country.

With the Board now fully constituted, the Bank of Agriculture will continue to pursue its strategic priorities, including expanding access to affordable agricultural credit, strengthening institutional governance and risk management, accelerating digital transformation, and enhancing its impact as Nigeria’s foremost agricultural development finance institution.