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Home Finance Banking

Central Bank of Nigeria Appoints 16 New Directors in Strategic Leadership Reshuffle

Vivian Akinyosoye by Vivian Akinyosoye
March 5, 2025
in Banking, News
0
Microfinance Banking Sector Thrives Despite Economic Challenges, Reports Significant Growth

The Central Bank of Nigeria (CBN) has announced the appointment of 16 new directors in a strategic move aimed at enhancing its operations and improving service delivery. The new appointments are part of the bank’s continuous efforts to strengthen its leadership and streamline operations across various departments.

The newly appointed directors bring a wealth of experience from various sectors, including finance, banking, economics, and governance, and are expected to contribute significantly to the CBN’s ongoing mission of fostering economic growth, stability, and financial inclusion in Nigeria.

The CBN has emphasized that these appointments reflect the institution’s commitment to excellence and its goal of staying ahead in the rapidly evolving global financial landscape. The new leadership team is poised to tackle the challenges ahead and support the CBN’s mandate of ensuring price and exchange rate stability, financial system soundness, and promoting inclusive economic development.

A formal statement from the CBN notes that the appointments are part of the bank’s leadership succession plan and a concerted effort to position the institution for greater impact in achieving national and economic objectives.

The full list of the 16 new directors, including their respective portfolios, will be shared with the public in due course.

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