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Senate Clears Emefiele to Succeed Lamido Sanusi


The Senate on Wednesday confirmed the appointment of Mr Godwin Emefiele as the Central Bank Governor designate.
The confirmation came after a screening session that lasted almost two hours.
While making his plans for the Central Bank of Nigeria (CBN) known to the Senators, Emefiele said he would ensure that Nigeria maintains a strong exchange rate as he stressed that devaluation is not an option.
Emefiele succeeds Sanusi Lamido whose tenure ends in June..
Emefiele is the Chief Executive Officer and Group Managing Director of Zenith Bank Plc. He became the bank’s CEO after he had served as Deputy Managing Director of the bank since 2001.
He served as Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning of Zenith Bank and had been Management team since inception.
Mr Emefiele has over 18 years of banking experience and has lectured Finance and Insurance at the University of Nigeria Nsukka, and University of Port Harcourt, respectively.
He is also an alumnus of Executive Education at Stanford University, Harvard University (2004) and Wharton Graduate Schools of Business (2005).
He holds a B.Sc Degree and an MBA Degree in Finance, both from the University of Nigeria, Nsukka.

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