CBN Redeploys Deputy Governors

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has approved the redeployment of three of its deputy governors with effect from June 23.
A statement by Mr. Isaac Okoroafor of CBN’s Corporate Communication Department, said the redeployment is in line with the new governor's vision of entrenching a more professional and people-focused Central Bank.

In the reshuffling, Alhaji Suleiman Barau, Deputy Governor, Corporate Services Directorate is now Deputy Governor, Operations Directorate. Dr. Kingsley Moghalu currently the Deputy Governor, Operations, returns to the Financial Systems Stability (FSS) Directorate, while Mr Adebayo Adelabu, who was in charge of Financial Systems Stability (FSS) is now Deputy Governor, Corporate Services.
Dr Sarah Alade, who acted as governor of the bank from March to June 2 when Emefiele assumed office, however, retained her position as Deputy Governor, Economic Policy Directorate.
The re-shuffling is expected to contribute to CBN’s vision of being the model central bank, delivering price and financial system stability and promoting sustainable economic development.