All NewsNews

I’ll leave NSITF better than I met it, says Faleye, new MD

By Cross Udo, Abuja

 

The new Managing Director/ Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), Oluwaseun Faleye has promised to make the Fund better than he met it.

Faleye gave the assurance yesterday when he assumed office alongside the Executive Director of Operations, Mojisolaoluwa Alli-Macaulay.

In a short handover ceremony at the headquarters of the Fund, Faleye said his mission was to join other stakeholders to reengineer the organization and reposition it as the apex social security agency, vowing that “I will leave the NSITF better than I met it today.”

The new Chief Executive Officer in a statement issued by General Manager, Corporate Affairs of the Fund, Nwachukwu Godson, the new managing director was quoted to have said, “My mission in this organisation is to join the existing stakeholders to build a much more sustainable organisation.

“I am new and yet to know all the issues and find solutions to them but if we put our heads together, we shall be able to build a much more vibrant NSITF that can deliver its mandate to its key stakeholders including the Nigerian workers and employers as well as the staff of the fund.

“Please bear in mind that I intend to leave this organisation much better than I met it today. It is a worthwhile dream, given the impact we have in the generality of the world of work.”

The new Managing Director further said his administration will carry out organizational restructuring to prim the NSITF for operational efficiency.

He added, “But of course, at the core of this is some level of organizational restructuring and I have no doubt about that. What that organizational restructuring will be, I don’t know. We need to engage deeply before one can say that. And the essence of that restructuring is to create some level of efficiency in our service delivery.

“I understand that certain requests have been made regarding detailed needs assessment of each department and unit. I will soon begin to look at them, to understand where we are and what needs to be done. What we will be doing in the coming days is to dig deep and see how this can be achieved.”

He exhorted the staff members to remain dedicated to duty and give support to his administration, assuring that in the days ahead, seamless measures will be taken to enhance welfare and ease duties.

He further thanked the immediate past Managing Director, Maureen Allagoa for the services she rendered to the NSITF and for presenting a handover note.

Faleye said further, “I want to use this opportunity to thank the former Managing Director for being gracious enough to provide a handover note even though she was not able to present it physically.

“Irrespective of sentiments, she has given time and effort to lead the organization and that should be applauded and appreciated.”

Earlier in her address, the Executive Director of Operations, Alli-Macauley quoting a legal maxim said “What is necessary is lawful,” noting that the occasion was “necessary to meet one another, see each other’s faces, encourage one another, raise each other’s hope and also relax anxiety.”

Alli-Macauley, a lawyer and consummate former lawmaker, assured of a smooth working relationship between the new executive and other stakeholders of the fund.

In his contribution, the Executive Director of Finance and Investment, Adegoke Adediji, also a chartered accountant and former long-standing staff of the agency, commended the choice of the new Managing Director, urging him to use his links in the political system to accelerate the reform of the agency.

Adegoke later presented the handover note submitted by the former Managing Director, Barrister Maureen Allagoa to Faleye.

The Executive Director of Administration, Prof Gabriel Okenwa, a seasoned banker and academic, who anchored the programme, and brought in innovations, compared the new administration to light, declaring that the NSITF has received the much-needed critical illumination to head in a better direction.

He commended the sterling qualities of both the new Managing Director and the Executive Director of Operations, adding that President Tinubu could not have made a better choice.

The programme was attended by all heads of departments in the Fund while the twelve regional heads of the organisation across the country joined via Zoom.

Okenwa had earlier led the new Managing Director as well as Hon. Alli-Macaulay around the departments at the headquarters.

 

Related Articles

Leave a Reply

Back to top button