TINUBU APPOINTS KUNLE ELEBUTE AS FRC CHAIRMAN

President Bola Ahmed Tinubu has appointed renowned financial expert, Kunle Elebute, as Chairman of the Financial Reporting Council of Nigeria (FRC), reinforcing efforts to strengthen corporate governance and financial transparency in the country.
Elebute, a respected accounting and business advisory professional, is expected to provide strategic leadership for the council as it advances reforms aimed at improving financial reporting standards and regulatory compliance.
The appointment is seen as part of the administration’s broader commitment to enhancing investor confidence, promoting accountability, and strengthening Nigeria’s business environment.
According to the Presidency, the new chairman brings decades of experience in auditing, corporate governance, risk management, and financial advisory services across various sectors.
Stakeholders believe his expertise will support ongoing efforts to align Nigeria’s financial reporting framework with international best practices and improve the integrity of corporate disclosures.
The Financial Reporting Council plays a key role in regulating accounting, auditing, actuarial, valuation, and corporate governance standards in Nigeria.