President Tinubu nominates Yemi Cardoso as new CBN Governor

President Tinubu has nominated Dr. Yemi Cardoso to assume the role of Governor for the Central Bank of Nigeria (CBN).

The five-year appointment is subject to the approval Senate, in compliance with Section 8 (1) of the Central Bank of Nigeria Act, 2007.

In addition to nominating Dr. Cardoso, President Tinubu has also approved the selection of four individuals to serve as Deputy Governors of the Central Bank of Nigeria. These esteemed candidates, who will also serve a five-year term pending Senate confirmation, are as follows:

  1. Mrs. Emem Nnana Usoro
  2. Mr. Muhammad Sani Abdullahi Dattijo
  3. Mr. Philip Ikeazor
  4. Dr. Bala M. Bello

Dr. Yemi Cardoso is a financial and development expert with over thirty years of experience in the private, public, and not-for-profit sectors. He is the Chairman of the Board of Directors of Citibank Nigeria.

He has also served as the first commissioner/cabinet member for economic planning and budget for Lagos state. He has served on the board of several leading companies including Texaco and Chevron Oil Plc.

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