NEW CBN DGS, MPC MEMBERS ASSUME DUTY

DUTY CALLS …Aisha Ahmad, and Edward Lametek Adamu

Following the Senate’s clearance, the two newly appointed Deputy Governors of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad, and Mr. Edward Lametek Adamu, formally assumed duty yesterday.

Also, the trio of Prof. Adeola Festus Adenikinju, Dr. Robert Asogwa and Dr. Aliyu Rafindadi Sanusi were also at the CBN to formally commence their tenure as members of the Monetary Policy Committee (MPC) of the bank.

Welcoming the new Deputy Governors and members of the MPC to the bank, its Governor, Godwin Emefiele, prior to their taking the Oaths of Office, congratulated them on their respective appointments by the President and subsequent confirmation by the Senate.

Emefiele, joined by Mr. Adebayo Adelabu and Dr. Joseph Okwu Nnanna, the Deputy Governors in charge of Operations and Financial System Stability (FSS), 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.

Governor, Central bank of Nigeria (CBN), Mr. Godwin Emefiele had, yesterday charged newly appointed Deputy Governors and Monetary Policy Committee (MPC) members to leverage on the wealth of experience in the discharge of their new responsibilities. He gave the charge while welcoming the new Deputy Governors and MPC members who formally assumed duty yesterday.

The new DGs are Mrs. Aisha Ahmad and Mr. Edward Lametek Adamu, while the new MPC members are of Professor Adeola Festus Adenikinju, Dr. Robert Asogwa and Dr. Aliyu Rafindadi Sanusi.

A statement from the CBN confirming this said: “Mrs. Aisha Ahmad and Mr. Edward Lametek Adamu have formally assumed duty as Deputy Governors of the Central Bank of Nigeria (CBN), following the confirmation of their appointments last week by the Nigerian Senate. “The trio of Professor 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 (MPC) of the Bank.

Welcoming the new Deputy Governors and members of the MPC to the bank, 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.

Flanked by Mr. Adebayo Adelabu and Dr. Joseph Okwu Nnanna, the Deputy Governors in charge of Operations and Financial System Stability (FSS), respectively, Emefiele 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 MPC members to bring their experience to bear in the discharge of their new responsibilities, stressing that much was expected of them. Mrs. Ahmad, Mr. Adamu and the three new MPC members subsequently subscribed to their Oaths of Office, administered by the Acting Director, Corporate Secretariat at the CBN, Mrs. Alice Karau.

Thereafter, the Director, Monetary Policy Department (MPD), Mr. Moses Tule, read out the Charter of the MPC to new members before they retired into their maiden MPC retreat preparatory to the first MPC meeting for 2018 scheduled to hold on Tuesday, April 3 and Wednesday, April 4, 2018.

It will be recalled that the Nigerian Senate on Thursday, March 22, 2018, confirmed the appointment of Mrs. Aisha Ahmad and Mr. Edward Adamu as substantive Deputy Governors of the Central Bank of Nigeria (CBN) along with three members of the Monetary Policy Committee (MPC).