Dr. Olayemi Michael Cardoso has assumed duty as an acting Governor of the Central Bank of Nigeria (CBN), pending his confirmation by the Senate.
Recall that Cardoso and his colleagues were appointed to their respective positions at the bank by President Bola Ahmed Tinubu on September 15, 2023, subject to the confirmation by the Senate.
CBN’s Director of Corporate Communications, Isa AbdulMumin in a statement said Cardoso’s resumption follows the resignation of Godwin Emefiele as Governor of CBN.
Similarly, the Deputy-Governors-Designate also assumed duty in acting capacity, sequel to the resignation of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Lametek Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.
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Cardoso and his colleagues subscrited to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja today and have since settled down to the task of administering monetary and financial sector policies of the Federal Government.
An Economic and Development Policy Advisor, Financial Sector Leader, former Chairman Citi Nigena and Commissioner for Economic Planning and Budget in Lagos, Cardoso brings over three decades of managerial experience on board.
He is an alumnus of Aston University, Birmingham, United Kingdom, where he studied managerial and administrative studies. He also holds a Master’s degree in Public Administration from the Harvard Kennedy School, United States of America.
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