Ambassador Dr. Maureen Tamuno has been confirmed as a Non-Executive Director on the Board of ASO Savings and Loans Plc. The decision was made at the company’s Annual General Meeting (AGM) on June 30, 2025.
The AGM, which was held virtually, covered a wide range of resolutions. A major highlight was the ratification of Dr. Tamuno’s board appointment.
She represents the Federal Capital Territory (FCT) Administration. The FCT is a significant shareholder in ASO Savings through Abuja Investments Company Ltd (AICL), where she serves as Group Managing Director.
Dr. Tamuno was initially appointed to the Board and received regulatory approval from the Central Bank of Nigeria on December 11, 2024. Her confirmation at the AGM finalizes her position.
ASO Savings also approved audited financial statements from 2015 to 2024 during the meeting. This step reflects the bank’s commitment to transparency and regulatory compliance.
Board Chairman Alhaji Abdul Kofarsauri praised the appointment. He said Dr. Tamuno brings deep expertise in governance, investment strategy, and public sector partnerships.
He noted that her presence would strengthen the bank’s leadership and deepen ties with the FCT Administration.
The bank continues to align its strategic goals with its long-standing institutional investors. The FCT Administration, through AICL, plays a central role in this effort.
ASO is currently focused on recapitalization and sustainable growth. The Board is also working to increase innovation and improve operational performance.
Dr. Tamuno’s experience in public service and economic diplomacy is expected to support these goals. Her appointment is seen as a step forward in the bank’s ongoing transformation.
