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New CBN Governor Redeploys Deputy Governors

  The newly appointed Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has redeployed the Deputy Governors in the bank. According to the bank, the exercise is to realign his vision of entrenching a more professional and people-focused Central Bank. With the new changes, Suleiman Barau, who was the Deputy Governor, Corporate Services Directorate was moved to the Operations Directorate, while Kingsley Moghalu, who was the Deputy Governor, Operations, is returning to the Financial Systems Stability, FSS Directorate. Adebayo Adelabu who was in charge of Financial Systems Stability, FSS, is now the Deputy Governor, Corporate Services, while Sarah Alade, who until recently was the acting governor, retains her position as the Deputy Governor, Economic Policy Directorate. The statement from the CBN’s Corporate Communications department, signed by Isaac Okoroafor, for the Director, said on Wednesday in Abuja that the redeployments take effect from June 23. “The new appointees 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,” Mr. Okoroafor said.  
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