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Buhari Replaces Bayo Adelabu With Shonubi As CBN Deputy Governor

by Jamaz
June 9, 2018
in Home, Political News
0
Buhari Sends Adeleke, 41 Career Ambassadors-designate To Senate For Approval
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President Muhammadu Buhari has approved the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria to replace Mr Bayo Adelabu.

However, his appointment is subject to Senate confirmation.

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Mr. Folashodun Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settlement System Plc (NIBSS) – the financial payments, facilitation and settlement platform – which has been instrumental to the growth in electronic payments in the Nigerian financial industry.

Before assuming the headship of NIBBS in 2012, Mr. 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.

Recall that insideoyo.com earlier reported that President Muhammadu Buhari formally accepted the disengagement of the Deputy Governor in charge of Operations at the Central Bank of Nigeria (CBN), Mr. Adebayo Adelabu, with effect from July 15, 2018.

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In a letter dated May 24, 2018 and personally signed by him, President Buhari thanked Mr. Adelabu for his services to the country and wished him the best in his future ambitions.

“While appreciating your services in the Central Bank of Nigeria since 9th April 2014, I wish you the very best in your future ambitions and continued commitment to public service in our country and specifically, as you seek to play a more active role in politics, in your home State,” the letter stated.

Meanwhile, insideoyo.com gathered that Bayo Adelabu is eyeing Governor Abiola Ajimobi seat comes 2019 under the umbrella of the ruling All Progressives Congress.

His Campaign posters have flooded the social media spaces, though he has not official declare his intention to run for Governorship seat.

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