Sen. Karimi Lauds Tinubu’s Appointment of Oludare as MD NDIC, says it’s another turning point stabilizing the financial system.

Sen. Karimi Lauds Tinubu’s Appointment of Oludare as MD NDIC, says it’s another turning point stabilizing the financial system.

… Describes Oludare As thorough breed professional, with trademark of transparency, excellence.

The Senator Representing Kogi West Senatorial District, Sen. Sunday Karimi, has described the appointment and nomination of Mr. Thompson Oludare Sunday for confirmation by the Senate as Managing Director (MD), the Nigeria Deposit Insurance Corporation (NDIC) as well thought out idea by President Ahmed Bola Tinubu that will reposition the corporation.

The Senator in a statement issued to Newsmen assured that the new Managing Director is coming with decades of banking experience, expressed confidence that his appointment will protect depositors’ funds as well as ensuring that their deposits are paid back.

The Senator pointed out that Oludare has an intimidating academic qualification, with a first and second degrees in Economics and a PhD in fields that relevant to protecting depositors funds, as a key player in the banking sector, assured that his experience will help maintain the stability of the financial system, supervising and regulating insured financial institutions.

Senator Karimi thanked President Ahmed Bola Tinubu for identifying Oludare, assured that his appointment will help in value addition to the present administration.

“Thank you Mr President for identifying a talent in the Banking industry and for engaging him to also serve as the watchdog of the Banking industry”.

“Dr Thompson is a round peg a round hole. He worked through out his career in the banking supervision section of the Central Bank and rose to the position of the Director of the Section”.

” He is a thorough breed professional who believes in doing things rightly without cutting corners. A very truthful and trusted hands that will be very useful to the transformation agenda of this government”, says the appointment of Oludare as MD, NDIC, after confirmation will positively serve as a turning point for the sector in the country.