This is Folashodun Shonubi, CBN’ new acting governor

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This is Folashodun Shonubi, CBN’ new acting governor

After President Bola Tinubu suspended Mr. Godwin Emefiele, Folashodun Shonubi was directed to act as the governor of the Central Bank of Nigeria.

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After President Bola Tinubu suspended Mr. Godwin Emefiele, Folashodun Shonubi was directed to act as the governor of the Central Bank of Nigeria.

Shonubi is not new in the banking secto as he was the Managing Director/CEO of the Nigeria Inter-Bank Settlement System PLC from 2012-2018.

He holds a double Master’s Degree respectively in Business Administration and Mechanical Engineering, from the University of Lagos.

He is a banker with over 30 year’s professional experience.

Before he was appointed the Managing Director NIBSS PLC, Mr. Shonubi was Executive Director, Information Technology and Operations at Union Bank of Nigeria Plc; a member of the Board of Union Homes and Director, Information Technology and Corporate Services in Renaissance Securities Nigeria Limited, with responsibility for the Group’s IT infrastructure in AfricaBetween 1999 and 2007, he worked in MBC International as Deputy General Manager and supervised their IT operational platforms, served in First City Monument Bank Limited as Vice President and in Ecobank Nigeria Limited as Executive Director.

He also had a stint with Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993). He has served on a number of sub-committees of the Bankers’ Committee, including the Ethics and Professionalism sub-committee.

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