Buhari appoints new CBN deputy governor

Buhari appoints new CBN deputy governor

Ebun Francis|

President Muhammadu Buhari on Friday approved the nomination of Folashodun Shonubi as deputy governor at the Central Bank of Nigeria (CBN), subject to confirmation by the Senate.

The senior special assistant to the president on media and publicity, Garba Shehu made this known in statement in Abuja on Friday.

Shonubi is currently the managing director of the Nigeria Inter-Bank Settlement System Plc (NIBSS) – the financial payments, facilitation and settlement platform.

Before assuming the headship of NIBBS in 2012, 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.

Shonubi will replace Adebayo Adelabu, the former deputy governor in charge of operations at the apex bank who resigned late last month.