The President, Major General Muhammadu Buhari (retd), has approved the appointment of Abdul Muktar as the Managing Director of Family Homes Funds Limited.

He succeeds Sani Yakubu was acting MD following the retirement of Femi Adewole a few months ago.

According to a statement by the Federal Ministry of Finance, Budget and National Planning, Mr Muktar, was formerly the Senior Special Assistant to the President in the Office of the Chief of Staff to the President and has led teams and managed business offices to ensure the delivery of operational efficiency and increased revenues.

He was in charge of the implementation of some of the key administration objectives, including the development of strategic national infrastructure and enhancing food security.

He is a corporate governance professional, having had enormous progressive experience in banking, business development, pension administration, and public service.

He has a Master of Science in International Business Management from the Berlin School of Economics and Law, Berlin, Germany; a Master of Business Administration and a Bachelor of Science in Business Administration from Ahmadu Bello University, Zaria.

He has wide working experience as a relationship manager and head of business development at Access Bank Plc, regional head at IEI Anchor Pension Managers Ltd, and operations and business development officer at First Bank of Nigeria Plc.