President Muhammadu Buhari has replaced Mustafa Chike-Obi with Ahmed Lawan Kuru, as managing director of the†Assets Management Corporation of Nigeria, AMCON after he dissolved the board. Also appointed are Kola Ayeye, Eberechukwu Uneze†and†Aminu Ismail as†the new executive directors of the corporation. They will form the executive management team of the body. Until his appointment, Mr. Kuru was the Group Managing Director of Enterprise Bank Limited. He started his banking career with the old Habib Bank in 1985 and rose through the ranks to become an Executive Director of Bank PHB (now Keystone Bank) in 2005. The presidentís spokesperson, Femi Adesina, said the appointments take effect Tuesday, August 18.