{"id":158604,"date":"2025-04-04T22:33:07","date_gmt":"2025-04-04T21:33:07","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture"},"modified":"2025-04-05T00:03:26","modified_gmt":"2025-04-04T23:03:26","slug":"tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture","title":{"rendered":"Tinubu appoints Ayo Sotinrin as MD, Bank of Agriculture"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>President Bola Tinubu has announced the appointment of Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture.<\/p>\n

A statement by Bayo Onanuga, Tinubu\u2019s media aide said the appointment takes immediate effect.<\/p>\n

Onanuga noted that Sotinrin brings a diverse and extensive background in the private and public sectors to his new role.<\/p>\n

According to the statement, before this appointment, Sotinrin held the position of Group Chief Executive Officer at SAO Group. His leadership at SAO Agro, an agribusiness company, was marked by groundbreaking agricultural initiatives, including developing a 20,000-hectare oil palm plantation and large-scale poultry, aquaculture, maize, and cassava operations in Ondo State.<\/p>\n

He also led SAO Capital, raising over $750 million in infrastructure and development finance, including the landmark $200 million Akure Water Supply Project.<\/p>\n

In the public sector, he served as Special Adviser (Environment & Urban Development) to the Minister of State FCT from 2011 to 2015.<\/p>\n

He has consulted extensively for global development partners such as the World Bank, AfDB, DFID, and USAID and played key advisory roles on federal and state-level projects. His international background includes roles at the Royal Bank of Scotland International, Deutsche Bank, and the UK Environment Agency.<\/p>\n

Sotinrin holds an Executive MBA from Said Business School, Oxford University; an Advanced Diploma in Environmental Conservation; and a Master\u2019s in Engineering Business Management from Warwick University.<\/p>\n

The statement said Sotinrin\u2019s appointment aligns with the Tinubu administration\u2019s strategy to revitalise Nigeria\u2019s agricultural sector.<\/p>\n

\u201cMr Sotinrin\u2019s proven ability to mobilise capital, innovate in agribusiness, and collaborate across sectors will be instrumental in repositioning the Bank of Agriculture as a catalyst for food security, sovereignty and rural prosperity,\u201d the statement said.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. President Bola Tinubu has announced the appointment of Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture. A statement by Bayo Onanuga, Tinubu\u2019s media aide said the appointment takes immediate effect. Onanuga noted that Sotinrin brings a diverse and extensive background in the private and public sectors to […]<\/p>\n","protected":false},"author":84,"featured_media":158603,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[16736,1231,254,945],"class_list":["post-158604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ayo-sotinrin","tag-bank-of-agriculture","tag-nigeria","tag-tinubu"],"yoast_head":"\nTinubu appoints Ayo Sotinrin as MD, Bank of Agriculture - Nigeria<\/title>\n<meta name=\"description\" content=\"President Bola Tinubu has announced the appointment of Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agri ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinubu appoints Ayo Sotinrin as MD, Bank of Agriculture\" \/>\n<meta property=\"og:description\" content=\"President Bola Tinubu has announced the appointment of Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agri ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-04T21:33:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-04T23:03:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1743795196.483288.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tinubu appoints Ayo Sotinrin as MD, Bank of Agriculture\",\"datePublished\":\"2025-04-04T21:33:07+00:00\",\"dateModified\":\"2025-04-04T23:03:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture\"},\"wordCount\":300,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1743795196.483288.jpg\",\"keywords\":[\"Ayo Sotinrin\",\"Bank of Agriculture\",\"Nigeria\",\"Tinubu\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubu-appoints-ayo-sotinrin-as-md-bank-of-agriculture\",\"name\":\"Tinubu appoints Ayo Sotinrin as MD, Bank of Agriculture - 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