Breaking: Buhari appoints new CBN deputy governor

Breaking: Buhari appoints new CBN deputy governor

President Muhammadu Buhari has approved the nomination of Folashodun Adebisi Shonubi as deputy governor at the Central Bank of Nigeria subject to Senate confirmation.

The announcement was made Friday, June 8, via a statement by presidential spokesperson, Garba Shehu.

Mr. Shonubi is currently the managing director of the Nigeria Inter-Bank Settlement System Plc (NIBSS) – the financial payments, facilitation and settlement platform – which has been instrumental to the growth in electronic payments in the Nigerian financial industry, Premium Times reports.

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Before assuming the headship of NIBBS in 2012, Mr. Shonubi had garnered decades of executive-level experience in financial service operations, notably as Executive Director at Union Bank of Nigeria Plc, Renaissance Securities Nigeria Ltd and Ecobank Nigeria Plc.

Meanwhile, Legit.ng had reported that President Muhammadu Buhari made five fresh appointments at the CBN. The president disclosed this in a letter to the National Assembly on Wednesday, May 23.

The president urged the Senate to confirm the five people as non-executive directors of the board of Central Bank of Nigeria (CBN). Disclosing the president's request on the floor of the Senate, Senator Ahmad Lawan raised the motion when he said:

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"That the Senate do consider the request of Mr President C-n-C for the confirmation of nomination of the following persons for appointment as non-executive directors of the board of Central Bank of Nigeria (CBN)."

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Source: Legit.ng

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