Muhammad K. Ahmad

Independent Non-Executive Director

Mr. MK. Ahmad, OON

Independent Non-Executive Director 

BSc. Accounting Ahmadu Bello University; PG Diploma (Innovation & Strategy), University of Oxford


September 2, 2019.

Board Committee Membership:

CHAIRMAN, Remuneration, Human Resources, and Social and Ethics Committee Board Audit Committee

Other directorships 

Chairman, Board of Polaris Bank, Board of Credent Capital Advisory Board of International Energy Assurance; a member of the Governing Council of Pan African University; and President of Council of the Board of Society for Corporate Governance Nigeria.

Skills, expertise and experience 

He has about 35 years of distinguished experience leading and working in various public sector organizations and financial services institutions in Nigeria. He was the pioneer Director-General and Chief Executive Officer of the National Pension Commission and oversaw the establishment and growth of the Pension industry in Nigeria.   Ahmad had worked as a bank supervisor at  the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Liberia.

Ahmad Chairs the Technical Committee of the National Council on Privatisation (NCP) chaired by the Vice President of Nigeria.  He chaired the Technical Committee on the Nigerian Code of Corporate Governance constituted by the Financial Reporting Council of Nigeria, which produced the Nigerian Code of Corporate Governance 2018.

Ahmad chaired the Technical Committee that produced the  North East Transformation Strategy (NESTS), a medium-term Regional Development Strategy, for the sustainable socio-economic transformation and reconstruction of the Region, a strategy promoted by the six Governors of the constituent states of the region.   He also assisted in the development of the Buhari Plan, which was initiated by the Federal Government of Nigeria to provide a framework for coordinating all initiatives and interventions by various actors for early recovery and sustainable development of the North East region.   Ahmad currently coordinates and leads a team to develop Borno 2045 Development Plan.

Mr.  Ahmad was honored with a national award of the Officer of the Order of the Niger (OON).