At the Harvard Business School Association of Nigeria (HBSAN) members’ forum tagged, “Alternative Sources of Financing in High Interest Rate Environment”, the Acting Managing Director, BoI, Mr. Waheed Olagunju, stated the Bank of Industry (BoI) plans to support over 30,000 entrepreneurs over the next two years will create more than five million job opportunities for unemployed youths.
According to Olagunju, the bank has also resolved to leverage Deposit Money Banks’ (DMBs’) network in deploying funds to the real sector. He explained that to support the industrial sector in domesticating local production, the bank was working tirelessly to mobilise resources within and outside the country to support both SMEs and other key sectors of the economy.
Meanwhile, in recognition of the bank’s support for the nation’s development and commitment of its board to the vision and agenda on industrialisation, the African Banker magazine has conferred the 2017 African Banker Icon award on BoI’s Acting Managing Director, Waheed Olagunju.
The organisers explained that the awardees were chosen by the awards committee, which had noted excellence in their area of expertise and for their work in helping to change the perception of Africa as well as contributing to the establishment of best global practice in the continent.
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