Friday, January 21, 2022

Kingsley Obiora resumes office as new CBN deputy governor

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Kingsley Obiora has formally assumed office as deputy governor of the Central Bank of Nigeria, replacing Dr Okwu Nnanna, who exited from the bank on February 2, 2020.

His assumption is coming after the Senate has recently confirmed his nomination request sent by President Muhammadu Buhari.

A statement from the CBN indicated that while welcoming Mr Obiora on board on Monday, the Governor, Godwin Emefiele, congratulated him on his appointment, noting that 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, Mr Emefiele charged him to go beyond upholding the interest of the CBN to upholding the interest of Nigeria and Nigerians, majority of who he said desired positive impact 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 he noted possessed energy that must be put to positive use for the good of Nigerians.

While urging all present to work together to enable the bank to achieve its objectives, Mr 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.

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In his remarks, after subscribing to the relevant oath administered by the CBN Board Secretary and Director, Corporate Secretariat Department, Alice Karau, the new deputy governor expressed joy to be back at the CBN, promising to add value to the processes even as he solicited the cooperation of all in achieving his tasks.

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