Breaking: Buhari Appoints Shonubi As New Deputy CBN Governor

President Muhammadu Buhari has nominated Folashodun Adebisi Shonubi as a Deputy Governor at the Central Bank of Nigeria.

 

The nomination is subject to Senate confirmation.

 

Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settlement System Plc, 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, 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 Limited and Ecobank Nigeria Plc.