09 January, 2017

Former Executive Secretary FRC  - Jim Obazee
The man who was once called a Pastor but allowed himself to be used by a force that is contrary to that of God, Mr. Jim Obazee.

President Buhari has approved his immediate removal today Monday 9th, 2017 as the Executive Secretary of the Financial Reporting Council of Nigeria (FRN), Mr. Jim Obazee, as well as the re-constitution of the board. The directive was contained in a statement issued on Monday by the President’s spokesman, Mr Garba Shehu.

New Chairman FRC - Mr Adedotun Sulaiman
The President consequently appointed Mr Adedotun Sulaiman as the new chairman of the council.

Mr Sulaiman is 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.

President Buhari has also approved the appointment of Mr Daniel Asapokhai as the Executive Secretary.

New FRC Chairman, Adedotun Sulaiman.

Mr Asopokhai is a partner and a financial reporting specialist at the PricewaterhouseCoopers (PWC), Nigeria.

He is also a product of the University of Lagos and the University of Pretoria.

The President has also instructed the Minister of Industry, Trade and Investment, Mr Okechukwu Enelamah, to invite the 19 Ministries, Departments and Agencies of the Federal Government and private sector organisations specified in the FRC Act to nominate members of board of their councils.

-culled from CT
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