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President Buhari appoints new CBN Deputy Governor, MPC members

Mathew Dadiya, Abuja

President Muhammadu Buhari has nominated Mrs Aishah Ahmad as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate.

Mrs Ahmad will replace a former Deputy Governor, who retired early this year.

Buhari, who presented the deputy governor nominee in a letter to the Senate, cited the provisions of Section 8(1) (2) of the CBN (Establishment) Act 2007, as he urged the Senate President, Dr Bukola Saraki, to consider the expeditious confirmation of Mrs Ahmad.

Until her appointment, Aishah Ahmad was the head, Consumer Banking Division at Diamond Bank, responsible for strategic retail products and customer segments including consumer banking, private wealth management, direct sales agent network with a customer base of over 5 million.

Her professional experience spans 20 years and includes global financial institutions such as Stanbic IBTC Bank PLC -a member of Standard Bank Group, where she was responsible for Standard Bank’s private wealth business in West Africa, Bank of New York Mellon (UK), Zenith Bank Plc and NAL Bank Plc. A member of the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) Associations – both globally recognized programmes for investment analysts and portfolio managers. Aishah holds a M.Sc. in Finance and Management from the Cranfield School of Management in the United Kingdom, an MBA with a specialization in Finance from the University of Lagos, Nigeria and a degree in Accounting from the University of Abuja, Nigeria.

She is expected to resume work immediately.

Meanwhile, the President has written the Senate, seeking the confirmation of appointment of members of the Monetary Policy Committee (MPC) of the CBN.

They are to replace four members, whose tenure expires at the end of this year.

The nominees are: Prof Adeola Festus Adenikinju; Dr Aliyu Rafindadi Sanusi; Dr Robert Chikwendu Asogwa and Dr Asheikh A. Maidugu.

If the nominees scale Senate clearance, the new members of the Monetary Policy Committee are to resume duties in January, 2018.

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