Folashodun Adebisi Shonubi Has Been Appointed As New CBN Deputy Governor By President Buhari - Awaits Senate Confirmation

Mr. Folashodun Adebisi Shonubi has been norminated by President Muhammadu Buhari as the new Deputy Governor of the Central Bank of Nigeria(CBN).

However Mr.Folashodun Adebisi Shonubi's appointment is subject to the Senate confirmation.

This development was made known to the press by Mr. Garba Shehu the Senior Special Assistant to the President on Media and Publicity, via a statement on Friday.

A brief on Shonubi:

Folashodun Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settlement System Plc (NIBSS) – the financial payments, facilitation and settlement platform.

NIBSS is one of the platforms used by the Federal Government in electronic payments in the Nigerian financial industry.

Before assuming the headship of NIBBS in 2012, Shonubi had garnered decades of executive-level experience in financial service operations, notably as Executive Director at Union Bank of Nigeria Plc, Renaissance Securities Nigeria Limited and Ecobank Nigeria Plc.

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