CBN Governor Emefiele asked to exit office

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been asked by the Federal Government to leave office and proceed on leave pending the expiration of his tenure.

According to Emefiele, he received a letter on Monday from the federal government requesting him to vacate his office and proceed on leave even as his tenure still remains.

CBN Governor Emefiele asked to exit office
CBN Governor Emefiele asked to exit office

Godwin Emefiele has been Governor of the Central Bank of Nigeria since June 3, 2014 after serving as Chief Executive officer and Group Managing Director of Zenith Bank Plc. He served as Deputy Managing Director of Zenith Bank Plc. Since 2001. He served as Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning of Zenith Bank Plc and has been on the Management team since inception.

Emefiele has over eighteen years of banking experience. He also served as director at Zenith Bank Plc and Zenith Bank (Gambia) Limited.

Before commencing his banking career, he lectured Finance and Insurance at the University of Nigeria Nsukka, and University of Port Harcourt, respectively. He also served as Director of ACCION Microfinance Bank Limited.

He is an alumnus of Executive Education at Stanford UniversityHarvard University (2004) and Wharton School of Business (2005). He holds a B.Sc. degree in Finance[3] 1984 and an MBA Degree in Finance in 1986, both from the University of Nigeria, Nsukka.

Contrary to the current news, his tenure as Central Bank Governor is expected to end in June this year.

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