Two CBN deputy governors, three MPC members assume duty

Mrs. Aisha Ahmad and Mr.Edward Adamu have formally assumed duty as deputy governors of the Central Bank of
Nigeria, following the confirmation of their appointments last week by the Senate.
The trio of Prof. Adeola Festus Adenikinju, Dr. Robert Asogwa and Dr. Aliyu
Rafindadi Sanusi were also at the head office of the CBN to formally commence their
tenure as members of the Monetary Policy Committee, the central bank said in a
statement on Wednesday. Welcoming the new deputy governors and members of the MPC to
the bank, the Governor, CBN, Mr. Godwin Emefiele, prior to their subscription to the
relevant oaths of office, congratulated them on their respective appointments by the
President and subsequent confirmation by the Senate.

Emefiele, who was accompanied by Mr. Adebayo Adelabu and Dr. Joseph Okwu Nnanna, the deputy governors in charge of
Operations and Financial System Stability, respectively, expressed gladness that the
bank now had a full complement of deputy governors to enable it operate optimally as
well as the required quorum to enable the MPC hold its statutory meetings for
formulating monetary and credit policy. He therefore charged the deputy governors
and the MPC members to bring their experience to bear in the discharge of their new
responsibilities, stressing that much was expected of them.

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