Biography of Dr. Mansur Muhtar, career achievements, appointment

Dr. Mansur Muhtar is a distinguished Economist from Kano State who has been named as Chairman of the Board of the Bank of Industry Limited by President Bola Tinubu. 

His impressive career includes a notable tenure as Minister of Finance in President Umaru Yar’Adua’s cabinet, serving from December 2008 to March 2010.

Dr. Muhtar’s extensive experience and expertise have marked him as a leading figure in Nigeria’s economic landscape.

Profile summary

Full name: Mansur Muhtar

Date of birth: September 21, 1959

State of origin: Kano State, Nigeria

Education: Ahmadu Bello University

Marital life: Married

Religion: Muslim

Career: Economist

Early life

Born on September 21, 1959, in Kano State, Nigeria, Dr. Mansur Muhtar was raised in a Muslim family that emphasized the importance of education and hard work.

Education

He began his academic journey at King’s College in Lagos before earning a Bachelor of Science in Economics from Ahmadu Bello University in 1980.

His pursuit of knowledge led him to the United Kingdom, where he earned a Master’s degree in Economics and Politics of Development from the University of Cambridge in 1983. Dr. Muhtar further distinguished himself by completing a PhD in Economics at the University of Sussex in 1988.

To enhance his leadership skills, he attended executive courses at Harvard’s Kennedy School, the Wharton School, and the Singapore Civil Service Administrative College.

Flourishing career in Economics

Dr. Muhtar’s career is marked by significant achievements in both national and international finance.

He began his professional journey as an Assistant Economist at the Central Bank of Nigeria, transitioning to academia as a graduate assistant and lecturer at Bayero University, Kano.

He gained recognition as a special adviser to the Minister of Agriculture and Natural Resources from 1990 to 1992.

His international experience includes working with the World Bank from 1992 to 2000 in various executive roles. Dr. Muhtar served as the Director-General of Nigeria’s Debt Management Office from 2003 to 2007 and was appointed Nigeria’s Minister of Finance from 2008 to 2010, where he played a crucial role in economic policy formulation.

Following his ministerial tenure, he served as Vice-President of Operations at the Islamic Development Bank and as an executive director at the World Bank from 2011 to 2014.

Since 2014, he has held the position of Vice President of Country Operations at the Islamic Development Bank in Jeddah, Saudi Arabia.

In 2023, he was appointed by UN Secretary-General António Guterres to join the lead group for the Scaling Up Nutrition (SUN) Movement.

Recent appointments

In September 2024, Dr. Muhtar was appointed by President Bola Tinubu as Chairman of the Board of the Bank of Industry Limited, reflecting his continued influence and expertise in Nigeria’s economic sphere.

Personal life

Dr. Muhtar is married to Hadiza Mansur, and they have children together. He is a devout Muslim who successfully balances his professional responsibilities with family life.

Honors

Dr. Muhtar’s contributions have been recognized with several honors, including the Nigeria National Honours Award as Officer of the Federal Republic (OFR).

In 2022, he was bestowed with the traditional title of Sarkin Bai of the Kano Emirate Council by Emir Aminu Ado Bayero, acknowledging his significant impact on Nigeria and the Kano community.

Net worth

Dr. Mansur Muhtar’s estimated net worth could not be accessed as at the time of this post, News360 Nigeria will keep it updated in due time.