Acting President Yemi Osinbajo, on Friday approved the appointment of Mrs. Patience Oniha, as the new Director-General of Debt Management Office (DMO).

This was confirmed by the Minister of Finance, Mrs. Kemi Adeosun.

Oniha, who hails from Edo State, takes over from Abraham Nwankwo, who retired after serving for two terms of five years each.

She retired as a director in the agency and also served in the Efficiency Unit of the Ministry of Finance, before her recent appointment as DMO chief executive.

The handover formalities took place in a brief ceremony at the DMO office in Abuja.