FG Appoints New Boss, Board Chair For CAC

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Garba Abubakar…new CAC Boss

BY EDMOND ODOK, ABUJA – The Federal Government has appointed a new Registrar General for the Corporate Affairs Commission (CAC). He is Alhaji Garba Abubakar.

Abubakar’s appointment was conveyed to the through the Federal Ministry of Industry, Trade and Investment on Thursday.

CAC’s Head of Public Affairs, Mr Moses Adaguusu, disclosed this in a statement issued by the Commission in Abuja.

Adaguusu’s statement said Alhaji Abubakar joined CAC in April 2004 as a principal manager compliance and rose through the ranks to become a Director in January 2016. Between August 2017 to October 2017, he was special adviser to the former Registrar General of CAC.

Prior to joining CAC, he worked with the Nigeria Social Insurance Trust Fund (NSITF), formerly called National Provident Fund (NPF), as Compliance Officer from 1991 to 1993.

Between June 1995 and December 1997, Abubakar worked at NICON Insurance and has been a member Governing Council Nigerian Bar Association (NBA) on Business Law since March 2017.

Aside being a member of Inter-Agency Committee Against Money Laundering and Terrorists Financing from 2007 till date, Abubakar is CAC’s Focal officer on Open Government Partnership.

Born on October 7, 1966, Abubakar is also a member, in-House Committee on the review of Companies and Allied Matters Matters Act (CAMA), among others.

Abubakar, who is a graduate of Law from the Ahmadu Bello University, Zaria, was called to the Nigeria Bar in 1989. An indigene of Bauchi State, Abubakar, who has already resumed duty, is married.

Before this new appointment, the Commission’s top job was occupied in acting capacity by Hajiya Saratu Shafii whose appointment was announced on December 31, 2019 by the Federal
Government.

This followed the suspension order issued on December 24 by the Code of Conduct Tribunal (CCT) on the immediate past Acting Registrar General, Ms Azuka Azinge, for allegedly failing to declare her assets as required by law.

Similarly, President Muhammadu Buhari has approved the reconstitution of a new board for the Corporate Affairs Commission (CAC) with Mr Ademola Seriki as the Chairman effective from Tuesday, January 7, 2020

A statement by Deputy Director, Press. Ministry of Industry, Trade and Investment, Ibrahim Haruna said the Minister, Mr Adeniyi Adebayo, disclosed this while presenting appointment letter to new CAC Registrar-General, Alhaji Garba Abubakar.

According to the statement, the Minister noted that board’s reconstitution has now put to rest the lingering leadership tussle within the Commission.

He urged all directors and staff to give the new Registrar-General maximum support and cooperation to move the Commission forward.

In congratulating the new Register-General for his well deserved appointment, Minister of State, Ambassador Mariam Katagum, also appreciated the former Acting Registrar-General, Hajiya Saratu Shafi’i, for a job well done.

She however challenged the new Registrar to be fair and firm in discharging his duties while working as a team to move the commission to the next level.

Earlier in his remarks, Permanent Secretary in the Ministry, Dr Nasir Sani-Gwarzo, said the appointments were meant to engerder peace and harmony within the Commission.

Gwarzo, who presented an appreciation letter to the immediate past Acting Registrar General, Hajiya Hasaratu Shafi’i, for the role while on the saddle, also lauded the Commission’s staff for their support and cooperation.

In his response, the new CAC Boss, Abubakar pledged his unflinching support and loyalty to the present administration for finding them worthy for the appointments.

Pledging to be fair to all while working to transform CAC commission to a world class institution, Abubakar said; “We promise to fulfill the confidence reposed on us by the government.’’ – With agency reports

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