President Muhammadu Buhari has appointed Ayodeji Gbeleyi as the Chairman, Board of Directors of the Federal Mortgage Bank of Nigeria.

His appointment was confirmed in a statement issued on Friday by the Special Adviser to the President on Media and Publicity, Femi Adesina.

Ayodeji is a chartered accountant and an associate of the Chartered Institute of Taxation. He is also a well-known expert who was once a commissioner for finance in Lagos state.

Gbeleyi, who is also a stakeholder in the Nigerian aviation sector replaces late Chief Adewale Adeeyo, who died recently.

Gbeleyi was also Finance Commissioner during the administration of former governor Babatunde Fashola in Lagos.