Modupe Gbadeyanka
By Modupe Gbadeyanka
The Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Operations, Mr Adebayo Adelabu, has resigned from the banking sector regulator.
A statement issued on Thursday by the Acting Director in charge of Corporate Communications at the CBN, Mr Isaac Okorafor, disclosed that Mr Adelabu’s resignation has been approved by President Muhammadu Buhari.
However, the disengagement of the deputy governor will take effect from Sunday, July 15, 2018.
Mr Adelabu is planning to seek political office in Oyo State and as part of his rule, he is expected to resign from public office.
According to Mr Okorafor, President Buhari, in a letter dated May 24, 2018 and personally signed by him, thanked Mr Adelabu for his services to the country and wished him the best in his future ambitions.
“While appreciating your services in the Central Bank of Nigeria since 9th April 2014, I wish you the very best in your future ambitions and continued commitment to public service in our country and specifically, as you seek to play a more active role in politics, in your home State,” the letter stated.
Mr Adelabu formally assumed duty as Deputy Governor at the Central Bank of Nigeria (CBN) on April 9, 2014 and served at different times as Deputy Governor in charge of Financial System Stability (FSS), Corporate Services (CS), and lastly Operations (Ops), before he tendered his letter of disengagement.
