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Nigeria: Apex bank chief reshuffles top officials

Two weeks after assumption of duty as the new Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has approved the reshuffling of top officials of the bank, according to a statement obtained by PANA in Lagos on Wednesday.

The reshuffle, which takes effect from 23 June, affects deputy governors.

“In line with his vision of entrenching a more professional and people-focused central bank, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has approved the redeployment of Deputy Governors in the Bank,” the statement said.

With the new changes, the deputy governor, corporate services directorate, Alhaji Suleiman Barau, is now the deputy governor, Operations Directorate.

Dr. Kingsley Moghalu, who currently is the deputy governor, Operations, returns to the Financial Systems Stability (FSS) Directorate.

Mr. Adebayo Adelabu who was in charge of Financial Systems Stability (FSS) is now the deputy governor, Corporate Services.

The former acting governor, Dr. Sarah Alade, retains her position as the deputy governor, Economic Policy Directorate.

The apex bank explained that the changes were expected to contribute to the Bank’s vision of being the Model Central Bank delivering price and financial system stability and promoting sustainable economic development.

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