Meet the Group Managing Director (GMD) - Chief Executive Officer (CEO)
SHEHU USMAN MAI-BORNU - Personal profile
Shehu Usman Mai-Bornu, who hails from Yola South Local Government Area of Adamawa State, was born in Lagos on December 3, 1964. He joined the NNDC in 1993 as a Manager (Finance & Accounts) and holds a Bachelor of Science (B.Sc.) degree in Accountancy obtained from the University of Maiduguri in 1985 and a Master of Business Administration (MBA) from the Ahmadu Bello University in 2000.
He is a member of the Nigeria Institute of Management (Chartered) and the Institute of Directors.
Prior to joining NNDC, Mai-Bornu started his full working career at Nortex Nigeria Limited, Kaduna in 1986, 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.
Mal. Mai-Bornu started his full working career at Nortex Nigeria Limited, Kaduna in 1986, and later moved to the Nigerian Agricultural & Cooperative Bank Limited (now Bank of Agriculture Limited) in 1987 serving in the Finance and Inspection Departments at the Corporate Headquarters of the Bank as well as at the Bauchi Area Office.
During the period of his employment at the NNDC he held various management positions (both at the Corporate Headquarters and its subsidiary companies) including Assistant General Manager (Group Internal Audit); Assistant General Manager (Telecommunications & IT); Deputy General Manager (Finance & Accounts), and Deputy General Manager (Planning & Corporate Development) at the Corporate Headquarters. At NNDC subsidiary companies, he has 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 acting Managing Director, New Capital Properties Limited.
He has represented NNDC as a nominee director on the boards of various companies such as of Zamfara Textile Industries Limited, New Nigeria Construction Company; Nigerian Beverages Production Company Limited), Newdevco Investments & Securities Company Limited. He currently serves on the Boards of Northern Cable Processing & Manufacturing Company Limited, Arewa Suites Limited, NNIL Commercial Company Limited, New Capital Properties Limited and NLPC Pension Fund Administrators.
Until his appointment in September 2022 as the substantive Group Managing Director, Shehu Mai-Bornu was the Acting GMD as well as the Head of Business Development & Corporate Planning since January 2019.
He has attended various seminars, conferences and workshops in Nigeria and overseas.
Executive Director, Management Services Directorate (MSD)
ABDULKAREEM MOHAMMED SANI,FCA, ACCA Profile
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. He heads the Management Services Directorate of New Nigeria Development Company Limited which comprises of Personnel, Maintenance, Finance and Musa Bello Learning Resource Centre for close to four years before he was confirmed as a substantive Executive Director to head the Directorate. He seats on the Boards of some Companies.
He is married with Children.
Executive Director, Investment Supervision Directorate (ISD)
KHALIL ALHASSAN HAMZAT - Personal profile
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.
He was appointed as the Head, Investment Supervision Directorate of the Group, a responsibility he held for close to four years before he was confirmed as a substantive Executive Director.
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:
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.