Oluwaseun Faleye, the newly appointed Managing Director and Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), has pledged to implement comprehensive reforms aimed at enhancing the agency’s performance. In his inaugural address, Faleye, alongside the Executive Director of Operations, Mojisolaoluwa Alli-Macaulay, emphasized the importance of collaborative efforts to achieve sustainable growth within the organization.
Faleye commended the dedication of NSITF staff in delivering Employee Compensation Scheme (ECS) benefits across Nigeria. Acknowledging the challenges ahead, he expressed optimism and determination, drawing on his experience and commitment to advancing NSITF’s mandate as the nation’s premier social security agency.
“My mission is to join hands with stakeholders to build a much more sustainable organization. Although I am new and yet to fully understand the issues, we will collectively find solutions. We aim to create a vibrant NSITF that delivers its mandate to key stakeholders, especially workers, employers, and the fund’s staff,” Faleye stated.
He highlighted his intention to leave the organization in a better state than he found it, emphasizing the need for organizational restructuring to enhance service delivery efficiency. Faleye plans to conduct a thorough needs assessment across departments to chart a path forward.
Faleye also extended gratitude to his predecessor, Maureen Allagoa, for her service and cooperation during the transition. He was warmly received by Executive Director of Administration, Prof. Gabriel Okenwa, and Director of Finance and Investment, Babatunde Adedeji Adegoke.
Mojisolaoluwa Alli-Macaulay underscored the importance of unity among stakeholders, assuring collaboration under the new leadership. Adedeji praised Faleye’s appointment and urged him to leverage his political acumen to expedite reforms within NSITF.
The ceremony was attended by departmental heads, with regional heads joining remotely, signaling a unified commitment to NSITF’s renewed direction under its new leadership.
