CBN appoints 16 directors to strengthen its operations

The Central Bank of Nigeria (CBN) has taken a significant step to bolster its leadership by appointing 16 new directors to head key departments.

The move is part of the bank’s efforts to strengthen its operations across various regulatory, supervisory, and policy-driven functions.

The newly appointed directors bring a wealth of experience and expertise to their respective roles, a statement obtained by Persecondnews said.

They include Jide-Samuel Avbasowamen, Director of the Information Technology Department; Abdullahi Hamisu, Director of the Banking Services Department; and Ojumu Adenike, Director of the Medical Services Department.

In the financial department, Sike Ijeoma takes the helm as Director of the Financial Policy and Regulation Department, while Isa-Olatinwo Aisha leads the Consumer Protection Department.

Others include Nakorji Musa, Head of the Trade and Exchange Department; Yusuf Rakiya, Director of the Payments System Supervision Department; and Vincent Modesola, overseeing the Strategy Management and Innovation Department.

Farouk Muhammad leads the Reserve Management Department, while Akinwunmi Olubukola Akinniyi takes charge of the Banking Supervision Department.

The CBN has also appointed Solaja Mohammed-Jamiu to head the Other Financial Institutions Supervision Department (OFISD); Hassan Umar leads the Development and Finance Institutions Supervision Department; and Adedeji Adetona steers the Currency Operations and Branch Management Department.

Okpanachi Moses takes charge as the Director of the Statistics Department.

These appointments reflect the CBN’s commitment to strengthening its leadership and operations, ensuring the bank remains effective in regulating and supervising the financial sector.