Management Team

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Shehu Mai-Bornu, who hails from Adamawa State, was born in Lagos on December 3, 1964.

He holds a Bachelor of Science (B.Sc.) degree in Accountancy obtained from University of Maiduguri in 1985. He also holds a Master of Business Administration (MBA) obtained from Ahmadu Bello University in 2000.

He started his full working career at Nortex Nigeria Limited, Kaduna in 1986 as an Administrative/Accounts Officer, and later moved to the Nigerian Agricultural & Cooperative Bank Limited (now Bank of Agriculture Limited) in 1987 as a Finance Officer, serving in the Finance Department at the Corporate Headquarters and Bauchi Area Office respectively. He also served as an Assistant Manager in the Inspection Department at the Corporate Headquarters of the Bank.

He joined the New Nigeria Development Company Limited (NNDC) in July 1993 as a Manager and rose through the ranks to Deputy General Manager in 2008. In his 25 years at the NNDC, he has served in diverse capacities (both at the Corporate Headquarters and subsidiary companies) in finance and accounts, audit, administration and business development.

Within the NNDC Group, he had served variously as Manager (Finance & Accounts), Assistant General Manager (Group Internal Audit); Assistant General Manager (Telecommunications & IT); Deputy General Manager (Finance & Accounts); Deputy General Manager (Planning & Corporate Development) and Head (Business Development & Corporate Planning) at the NNDC Corporate Headquarters. At NNDC subsidiary companies, he had served as Deputy General Manager (Finance & Administration) at Drake & Scull (Nigeria) Limited; Assistant General Manager (Corporate Services) at NNIL Commercial Company Limited; Director (Finance & Investments) at Arewa Hotels (Developments) Limited; and Ag. Managing Director, New Capital Properties Limited.

Shehu Mai-Bornu is currently the Acting Group Managing Director of NNDC. He also continues to oversee the Business Development & Corporate Planning Directorate.

He has represented NNDC as a nominee director on the boards of various companies such as Zamfara Textile Industries Limited (2000-2004); New Nigeria Construction Company (2000-2004); Nigerian Beverages Production Company Limited (2008-2013); Newdevco Investments & Securities Company Limited (2010-2013); Northern Cable Processing & Manufacturing Company Limited (2013-date); Arewa Suites Limited, Abuja (2013-date), Gamjitel Nigeria Limited (2017-date), Terra Fibre Network Limited (April 2018-date); and Fleek Networks Limited (April 2018-date).

While in the services of the NNDC, Shehu Mai-Bornu attended various courses, programmes and seminars in Nigeria and abroad.

He is a member of the Nigerian Institute of Management (Chartered).

He is married with three children.


Abdulkareem Mohammed Sani, FCA, ACCA was born on October 12,1969 in Biu Local Government Area of Borno State. He obtained a Bachelor of Science Degree in Accountancy in 1994 from the University of Maiduguri and a Master of Business Administration in 2002 from the Ahmadu Bello University Zaria. He qualified in the November 1998 Diet of the Institute of Chartered Accountants of Nigeria and was admitted as an Associate in the year 1999. He was elevated as a Fellow of the Institute of Chartered Accountants of Nigeria in the year 2010. He enrolled and passed the qualifying examinations of the Association of Chartered Certified Accountants, United Kingdom and was admitted as a Member in the year 2014. His areas of specialization include Corporate Reporting, Financial Management, Taxation, Auditing, General Management, Mergers and acquisition.

He worked in other organizations which included Yobe State Water Board, Adetona Isichie & Co and Quartz Technological Ventures Limited Prior to his employment in NNDC in the year 2001..within the NNDC group he virtually worked in most of the Subsidiary Companies which included Kaduna Hotels Company Limited, New Capital Properties Limited and Arewa Hotels Limited this gave him an opportunity to know the challenges of these Companies. In the Corporate headquarters, he headed the Group Internal Audit, Finance & Accounts and the Musa Bello Learning Resources Centre. He also worked in the Investment Supervision Directorate. Currently, he heads the Management Services Directorate of New Nigeria Development Company Limited which comprises of Personnel, Maintenance, Finance and Musa Bello Learning Resource Centre. He seats on the Boards of some Companies.

He is married with Children.


Khalil Alhassan Hamzat’s experience in public service has spanned close to three decades of unbroken years of service.

He started his professional career in January 1992 after a completion of one (1) mandatory service in NNDC Limited. Over the years, his commendable performance earned him promotions from a Junior Investment Executive to Senior and Principal Investment Executive respectively.

As his professional growth continued steadily, he got elevated to managerial position as an Assistant General Manager (AGM) and Deputy General Manager (DGM) respectively.  He traversed virtually all Units, Departments, Directorates and Subsidiaries within NNDC Group in the course of building his career at different levels.

Until recently, he was appointed as the Head, Investment Supervision Directorate of the Group.

As an Investment Executive charged with the responsibility of monitoring and supervision of NNDC’s investments in both quoted and non-quoted companies with a view to ensuring their profitability and meeting set goals, he had the opportunity to represent NNDC on the Boards of some companies under his supervision.

Khalil presently, sits on the Boards of:

  1. Hogg Robinson Nig. Ltd Lagos
  2. Critall-Hope Nigeria Limited, Lagos
  3. New Nigeria Commodity Marketing Company (NNCMC) Limited, Kano
  4. Shiroro Hotel Limited Minna
  5. Aso Motel Limited, Kaduna
  6. Arewa Hotels (Dev), Kaduna
  7. Funtua Textile Limited, Funtua
  8. Council Member KADCCIMA, Kaduna; to mention but a few.

He holds a Bachelor of Science degree in Economics from Bayero University, Kano and has attended foreign and local courses among which include Top Executive Leadership Programme, an International Workshop on Best Practices in the Evaluation of SMEs Credit, Investment Banking Workshop by African Development Bank Group, Project Management and Cost Management Programme at Nigerian Institute of Management and so on.

Khalil hails from Bida, Niger State and was born over 50 years ago. He hopes to deploy his wealth of experience as an astute public servant who understands the internal workings of the Company to transforming the Group in consonance with contemporary global best practices of a Development Financial Institution (DFI).



New Nigeria Development Company (NNDC) is a conglomerate owned by the 19 Northern States of Nigeria. It has interests in Agriculture, Textile, Solid Minerals, Oil & Gas, Capital Markets, Hospitality, Mining, Telecommunications among other business fields.



  • Ahmed Talib House,
       18/19 Ahmadu Bello Way, Kaduna,
       Kaduna State - Nigeria
  • Phone: (+234) 812 727 6497
  • Email:

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