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Emefiele reassigns CBN chiefs


Central Bank of Nigeria (CBN) Governor Godwin Emefiele yesterday reassigned three deputy governors.

A statement signed by Isaac A. Okorafor on behalf of the Director, Corporate Communications, said Alhaji Suleiman Barau, Deputy Governor, Corporate Services Directorate, has been moved to the Operations Directorate.


Deputy Governor (Operations) Kingsley Moghalu, reassigned to the Financial Systems Stability (FSS) Directorate. Mr. Adebayo Adelabu who was in charge of Financial Systems Stability (FSS) is now to head the Corporate Services Directorate. Former Acting Governor Dr. Sarah Alade, retains her portfolio as Deputy Governor, Economic Policy Directorate.

The statement said the redeployments were in line with Emefiele’s vision of entrenching a more professional and people-focused central bank.

These redeployments, the statement said will take effect from June 23 and “are 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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