Godsent Ogbebor
CBN Appoints 16 New Directors
The Central Bank of Nigeria (CBN) has appointed 16 new directors in various departments, effective March 3, 2025, as part of efforts to enhance its regulatory, supervisory, and policy-driven functions.
The appointments cover key areas of the apex bank, including banking supervision, monetary policy, financial regulation, and consumer protection.
The newly appointed directors include Jide-Samuel Avbasowamen (Information Technology), Abdullahi Hamisu (Banking Services), Ojumu Adenike (Medical Services), and Makinde Olanrewaju (Procurement and Support Services).
In the financial sector, Sike Ijeoma has been named Director of Financial Policy and Regulation, Isa-Olatinwo Aisha will oversee the Consumer Protection Department, while Oboh Victor Ugbem will lead the Monetary Policy Department.
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Other appointments include Nakorji Musa (Trade and Exchange), Yusuf Rakiya (Payments System Supervision), Vincent Modesola (Strategy Management and Innovation), Farouk Muhammad (Reserve Management), and Akinwunmi Olubukola Akinniyi (Banking Supervision).
Additionally, Solaja Mohammed-Jamiu will head the Other Financial Institutions’ Supervision Department, Hassan Umar will lead the Development and Finance Institutions Supervision Department, and Adedeji Adetona has been assigned to the Currency Operations and Branch Management Department.
The CBN also appointed Okpanachi Moses as the Director of the Statistics Department.
The appointments are expected to enhance the effectiveness of the CBN in implementing monetary policies, strengthening financial supervision, and ensuring stability in the banking sector.