Adeboye’s Exit: Buhari Fires Financial Reporting Council Boss, Reconstitutes Board

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President Muhammadu Buhari has on Monday approved the appointment of Mr Adedotun Sulaiman as the Chairman of Financial Reporting Council of Nigeria (FRCN), following the sacking of it Executive Secretary, Jim Obaze.

This was confirmed by the Special Assistant to President on Media and Publicity, Garba Shehu made this known in a statement on Monday

Shehu added that the President also approved the reconstitution of the board of the council.

He said,  “Mr. Sulaiman was a former Managing Partner/Director of Arthur Anderson and later, Accenture. He is a Chartered Accountant and a product of the University of Lagos and Harvard Business School.”

In addition, the president also approved the appointment of Mr. Daniel Asapokhai as the executive secretary of the council.

Shehu said: “Mr. Asopokhai is a partner and a Financial Reporting Specialist at the PricewaterHouseCoopers (PWC), Nigeria. He is a product of the University of Lagos and the University of Pretoria.”

The spokesperson added that the president had instructed the Minister of Industry, Trade and Investment to invite the 19 federal ministries, departments and agencies as well as private sector organisations specified in the FRC Act to nominate members of the board of the council.

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