President Bola Tinubu has appointed Ola Olukoyede as the new Chairman of the Economic and Financial Crimes Commission (EFCC), the country’s leading anti-corruption agency.

The appointment comes after the resignation of former Chairman Abdulrasheed Bawa, who stepped down amid allegations of misconduct. Bawa was suspended in June to allow for investigations into claims of abuse of office during his tenure.

In a statement released Thursday, presidential spokesman Ajuri Ngelale announced that Olukoyede will serve a renewable 4-year term pending Senate confirmation.

“Mr. Olukoyede is a seasoned lawyer with over two decades of experience fighting fraud and corporate crime,” said Ngelale. “Having previously served in senior roles at the EFCC, he has the institutional knowledge and expertise to lead the organization during this critical time.”

Olukoyede takes the helm following months of leadership turmoil at the agency. The EFCC plays a central role in President Tinubu’s renewed anti-corruption campaign, which aims to reinvigorate the fight against graft through reforms.

Ngelale noted that Muhammad Hammajoda has also been appointed Secretary of the EFCC, serving a 5-year renewable term. Hammajoda has extensive public finance experience both in academia and banking.

The new appointees have been tasked with strengthening the EFCC’s capabilities and integrity as the administration ramps up efforts to eliminate corruption, which remains a systemic challenge. Analysts say strong, transparent leadership at the agency will be essential.