Managing Director, AMCON, Ahmed Kuru
The Asset Management Corporation of Nigeria (AMCON), has reiterated its full support for its Asset Management Partners (AMPs), in the pursuit to recover the 20 per cent or N740billion of the total N3.7trillion Eligible Bank Assets (EBAs) portfolio that are in the hands of obligors.
The Managing Director/Chief Executive Officer, Ahmed Lawan Kuru, made the declaration in Lagos, at the 2018 edition of the AMCON/AMPs Feedback session, which ended on Wednesday. AMPs are firms AMCON engaged in 2016 to complement its recovery efforts as part of its renewed strategy to resolve some 6,000 accounts within its portfolio of accounts.
Kuru, who was represented by the Group Head, Enforcements, AMCON, Aliyu Kalgo, while declaring the two-day event open, said the Corporation placed equal importance on the ability of the partners to recover the outsourced accounts because their efforts count towards the achievement of AMCON’s core mandate.He also…
