Sponsored
Aviation

Captain Ado Sanusi Resigns As Aero Contractors MD

Sponsored
Sponsored

Captain Ado Sanusi, Managing Director of Aero Contractors, has resigned his position from the airline.

The resignation of Sanusi from Aero Contractors was made public Wednesday.

Sources however said the former MD stepped down after the expiration of his tenure at the airline.

Sanusi was appointed the MD of Aero Contractors in February 2017.

Although his tenure elapsed in June, it was extended till December 2020.

The former MD officially left the organization on December 29, 2020.

Aero Contractors is Nigeria’s oldest surviving domestic airline.

In February 2016, AMCON took over the management of the airline after it dissolved the board of the company.

The corporation thereafter appointed a manager to run the affairs of the company in interim capacity.

AMCON said at the time that the decision to take over the management of the company was in furtherance of its responsibility of acquiring eligible bank assets and putting them to economic use in a profitable manner.

AMCON is both the majority shareholder and creditor of Aero Contractors.

Sponsored
Funsho Arogundade

Recent Posts

Democracy Day: Princess Folashade Olabanji-Oba Rallies Nigerians Especially Women To Make Polling Units ‘Beacons Of Hope’ Ahead Of 2027

As Nigeria marks another historic June 12 Democracy Day, prominent political leader, Aarebirin Hon. Princess…

31 minutes ago

Ikeja LG Boss, Comrade Dauda Greets Nigerians On Democracy Day

OLALEKAN ONI As Nigeria marks another Democracy Day, the Executive Chairman of Ikeja Local Government,…

56 minutes ago

JMG At 28 – A Groundbreaking Trajectory from Generator Supplier to Electro- Mechanical Powerhouse

JMG Limited, Nigeria’s foremost integrated electromechanical solutions company is celebrating 28 years of innovation, growth, and industry leadership,  marking…

3 hours ago

Insight Redefini Names Babatunde Olaifa New Group CEO

Insight Redefini Group, Nigeria and West Africa’s largest integrated marketing communications network and a member…

3 hours ago

Access Holdings Chairman, Aig-Imoukhuede Says Acquisition Phase Over, Focus Shifts to Shareholder Returns

BY FUNSHO AROGUNDADE Access Holdings Plc Chairman Aigboje Aig-Imoukhuede said the group has completed 20…

3 hours ago

Details of Proposed Constitutional Amendments for the Establishment of State Police And Federal Police

These are the details of proposed Constitutional Amendments for the Establishment of the State Police…

5 hours ago
Sponsored