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Cardoso Fires 25 Of 29 Directors In CBN

Posted by Thandiubani on Mon 03rd Jun, 2024 - tori.ng

The officials added that the management had concluded plans to recruit new directors from outside the apex bank.

 
25 out of 29 directors from the administration of embattled former CBN Governor, Godwin Emefiele have been reportedly sacked.
 
They were sacked by Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso.
 
It was learnt that the affected directors were heading various strategic departments under the directorates of the bank while the other unaffected four directors recently retired on attaining the statutory retirement age of 60.
 
 
Senior officials at the CBN who spoke with Daily Trust, disclosed that the departments are currently being manned by departmental coordinators acting in capacity of the sacked directors.
 
The officials added that the management had concluded plans to recruit new directors from outside the apex bank.
 
One of them said: “Why are the departments still being manned by departmental coordinators more than three months after the sack of the substantive directors?”
 
Another source said, “Since his (Cardoso’s) appointment, no director has been appointed. He has kept all vacant departments under the leadership of acting directors.”
 
Some of the directors affected by Cardoso’s storm at the apex bank include:
 
Dr Blaise Ijebor, Director, Risk Management
 
Dr Mahmud Hassan, Director, Trade & Exchange;
 
Dr Ozoemena S. Nnaji, Director, Statistics
 
Chibuike D. Nwaegerue, Director, Other Financial Institutions Supervision
 
Chibuzo A. Efobi, Director, Payments System Management
 
Haruna Bala Mustafa, Director, Financial Policy and Regulation
 
Rakiya Shuaibu Mohammed, Director, Information Technology
 
Benjamin Nnadi, Director, Reserve Management
 
However, the CBN directors still in service are Rashida Jumoke Monguno, Corporate Secretariat; Aderinola Shonekan, Research, Omolara Duke, Financial Markets; Jimoh Musa Itopa; Capacity Development; Muhammad Abba, Human Resources; Rabiu Musa, Finance; Sirajuddin Kofo Salam-Alada, Legal Services; Blaise Ijebor, Risk Management and Lydia I. Alfa, Internal Audit.
 


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