By Abiola Olawale
The Central Bank of Nigeria (CBN) has announced the appointment of 16 new directors to lead critical departments within the apex bank, effective March 3, 2025.
This leadership shakeup, according to the apex bank, is part of an ongoing effort to strengthen regulatory oversight and enhance financial stability, the apex bank announced.
The directors are Jide-Samuel Avbasowamen, director of the information technology department; Abdullahi Hamisu, director of the banking services department; Ojumu Adenike, director of medical services department; and Makinde Olanrewaju, head of procurement and support services department.
In the financial department, CBN appointed Sike Ijeoma as director of the financial policy and regulation department, Isa-Olatinwo Aisha as director of consumer protection department, and Oboh Victor Ugbem as director of monetary policy department.
Also, Nakorji Musa will head the trade and exchange department; Yusuf Rakiya will lead the payments system supervision department; Vincent Modesola was appointed to oversee the strategy management and innovation department; Farouk Muhammad is to lead the reserve management department; and Akinwunmi Olubukola Akinniyi takes charge of the banking supervision department.
In addition, Solaja Mohammed-Jamiu will be in charge of the other financial institutions’ supervision department (OFISD); Hassan Umar will lead the development and finance institutions supervision department; and Adedeji Adetona will steer the currency operations and branch management department.
Also, Okpanachi Moses will serve as the head of the statistics department.
