Obiora Gets Fresh Task as New CBN Deputy Governor

Obiora CBN Deputy Governor

By Dipo Olowookere

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has charged one of his deputies, Mr Kingsley Isitua Obiora, to go beyond upholding the interest of the apex bank to upholding the interest of Nigeria and Nigerians, majority of who he said desired positive impact in their daily lives.

This task was given to Mr Obiora when he formally assumed office as Deputy Governor of the CBN in charge the Economic Policy Directorate on Monday, March 2, 2020.

Business Post reports that yesterday, the new CBN Deputy Governor subscribed to the relevant oath administered by the CBN Board Secretary and Director, Corporate Secretariat Department, Mrs Alice Karau.

This ceremony was witnessed by Mrs Aishah Ahmad and Mr Folashodun Shonubi, the Deputy Governors in charge of Financial System Stability (FSS) and Operations, respectively as well as members of staff of the bank.

Mr Emefiele, during his speech, welcomed Mr Obiora on board and congratulated him on his appointment, noting that he was assuming duty at a time when his experience was needed to ensure stability in the Nigerian economy.

He said the new deputy governor was now part of the monetary policy team that will play the role of upholding the integrity of the bank and policies that translate to making lives better for most Nigerians.

He asked members of staff of the CBN to work together to enable the bank to achieve its objectives, charging them to strive to etch their names in the annals of the bank as having contributed their quota to the overall development of the country.

Responding, Mr Obiora, who replaced Mr Joseph Nnanna, who exited from the bank on February 2, 2020, expressed joy to be back at the CBN, promising to add value to the processes even as he solicited the cooperation of all in achieving his tasks.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via

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