Central Bank of Nigeria reshuffles roles of four top deputies

The Central Bank of Nigeria has undertaken a major reshuffle, reassigning all four of its deputy governors, as announced on Monday, with Emma Ujah, Abuja Bureau Chief, reporting on the development.

n

Mr Philip Ikeazor has taken over the policy portfolio, a role that was previously held by Dr Muhammad Abdullahi, marking a significant change in the bank's leadership structure.

n

Dr Abdullahi, on the other hand, has been moved from the Economic Policy Directorate to head the Corporate Services department, a new challenge for the seasoned official.

n

Meanwhile, Ms Emem Nnana Usoro is leaving her post in Corporate Services to oversee operations, a critical area of the bank's activities.

n

Another key change saw Mr Lamido Yuguda being transferred from Operations to the Financial System Stability Directorate, a move that reflects the bank's evolving priorities.

n

The Central Bank of Nigeria did not provide any specific reasons for the redeployment of its deputy governors, choosing instead to focus on the benefits of the changes.

n

According to the bank, the reshuffle is aimed at utilizing the experience of senior officials in different areas of responsibility and supporting the institution's evolving priorities.