The Central Bank of Nigeria (CBN) has appointed 16 new directors, effective March 3, to enhance its policy, regulatory, and supervisory functions.
The appointments, aimed at bolstering the apex bank’s operations, cover various key departments. 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 lead Consumer Protection, and Oboh Victor Ugbem takes charge of Monetary Policy. 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).
Further strengthening the regulatory framework, Solaja Mohammed-Jamiu has been appointed Director of Other Financial Institutions’ Supervision, Hassan Umar will oversee Development and Finance Institutions Supervision, while Adedeji Adetona has been named head of Currency Operations and Branch Management. Additionally, Okpanachi Moses will lead the Statistics Department.
The appointments are expected to enhance the efficiency and effectiveness of the CBN’s operations, reinforcing its role in stabilizing the financial sector and driving economic growth.
