Tinubu Appoints Ola Olukoyode As New EFCC Chairman

Ola Olukoyede has been appointed as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) by President Bola Ahmed Tinubu.

This is according to a statement by presidential spokesman, Ajuri Ngelale, on Thursday, October 12, 2023.

He said by the powers vested in President Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, that “the Chairman and members of the Commission, other than ex-officio members, shall be appointed by the President.”

Ngelale said Olukoyede is a lawyer with over 22 years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.

“He has extensive experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023). As such, he fulfills the statutory requirement for appointment as Chairman of the EFCC.