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You are here:Home>>Strategic Research & Analysis>>Nigeria Senate Confirms Emefiele as CBN Governor
Thursday, 27 March 2014 01:30

Nigeria Senate Confirms Emefiele as CBN Governor

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 Godwin Emefiele Godwin Emefiele

Godwin Emefiele  has been screened and confirmed  as the Central Bank Governor designate by   Nigerian upper house, the country's Senate. The procedural screening lasted for almost 3 hours.


During the confirmation and screening Central Bank Governor designate, Godwin Emefiele narrated his vision for Central Bank of Nigeria (CBN) and said that a stable and strong naira will ensured "that Nigeria maintained a strong exchange rate."


He emphasized that the devaluation of naira is not in his picture of achieving  a sound macro-economic stability and strong exchange control.


Emefiele will replace Lamido Sanusi, the suspended CBN boss that was let go by President Jonathan  for alleged financial misplacement and mismanagement. Emefiele's new position will commence  in June at  the expiration of Sanusi's term.


In Emefiele there is a strength of greatness and prudence that will manifest in his new assignment. As Nigeria emerged as a favorable destination of investments and capital, the governor of Central bank of Nigeria has an active and significant role to play in sustaining Nigeria's growth and attraction of investments with a prudent monetary policy. T


About Godwin I. Emefiele


Mr. Godwin I. Emefiele serves as Chief Executive officer and Group Managing Director of Zenith Bank Plc. Mr. Emefiele served as Deputy Managing Director of Zenith Bank Plc. since 2001. He served as Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning of Zenith Bank Plc. and had been Management team since inception. Mr. Emefiele has over eighteen years of banking experience. Mr. Emefiele serves as Director at Zenith Bank Plc and Zenith Bank (Gambia) Limited. Before commencing his banking career, he has lectured Finance and Insurance at the University of Nigeria Nsukka, and University of Port Harcourt, respectively. Mr. Emefiele serves as Director of ACCION Microfinance Bank Limited. He is also an alumnus of Executive Education at Stanford University, Harvard University (2004) and Wharton Graduate Schools of Business (2005). Mr. Emefiele holds a B.Sc Degree in 1984 and an MBA Degree in Finance in 1986, both from the University of Nigeria, Nsukka. Source:BusinessWeek



Last modified on Saturday, 29 March 2014 17:21

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