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Dr Kingsley Obiora assumes duty as CBN deputy governor

by Mohammed Hassan
04/03/2020
2 min read
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Dr Kingsley Obiora assumes duty as CBN deputy governor
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Dr Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr Okwu Joseph Nnanna, who exited from the bank on February 2, 2020.

Welcoming Obiora on board on Monday, March 2, 2020, CBN Governor Mr Godwin Emefiele congratulated him on his appointment, saying he was assuming duty at a time when his experience was needed to ensure stability in the Nigerian economy.

Assigning the new Deputy Governor to the Economic Policy Directorate, Emefiele charged him to go beyond upholding the interest of the CBN to upholding the interest of Nigeria and Nigerians desired positive impacts in their daily lives.

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The Governor, who alluded to the youthfulness of Obiora and some new Directors in the bank, said deliberate effort was being made by the management of the bank to assign more responsibility to the youth who possessed energy that must be put to positive use for the good of Nigerians.

While urging all to work together to enable the bank to achieve its objectives, Emefiele charged 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.

He said staff of CBN were part of the monetary policy team that had to play the role of upholding the integrity of the bank and policies that translate to making lives better for most Nigerians whom they represent in the bank.

In his remarks after subscribing to the relevant oath administered by the CBN Board Secretary and Director, Corporate Secretariat Department, Mrs. Alice Karau, the new Deputy Governor expressed joy to be back at the CBN, promising to add value to the processes.

He called for the cooperation of all in achieving his tasks.

Dr Kingsley Isitua Obiora was nominated Deputy Governor of Central Bank of Nigeria on Thursday, January 16, 2020 by President Muhammadu Buhari, and his appointment was confirmed by the Senate on Thursday, January 30, 2020.

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