Sixteen new directors have been appointed by the Central Bank of Nigeria (CBN) to lead important departments.
On March 3, the directors were appointed.
The apex bank’s operations were reportedly strengthened by the appointments in some supervisory, regulatory, and policy-driven roles.
CBN appointed Sike Ijeoma as director of the financial policy and regulation department, Isa-Olatinwo Aisha as director of the consumer protection department, and Oboh Victor Ugbem as director of the monetary policy department. The newly appointed directors are Makinde Olanrewaju, head of the procurement and support services department; Abdullahi Hamisu, director of the banking services department; Ojumu Adenike, director of the medical services department; and Jide-Samuel Avbasowamen, director of the information technology department.

Additionally, Vincent Modesola was appointed to oversee the strategy management and innovation department; Farouk Muhammad will lead the reserve management department; Yusuf Rakiya will lead the payments system supervision department; Nakorji Musa will lead the trade and exchange department; and Akinwunmi Olubukola Akinniyi will lead the banking supervision department.
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Adedeji Adetona will lead the department of currency operations and branch management, Hassan Umar will lead the department of development and finance institutions supervision, and Solaja Mohammed-Jamiu will oversee the other financial institutions’ supervision department (OFISD).
Additionally, according to CBN, Okpanachi Moses would lead the statistics department.