The Senate, on Tuesday, confirmed the nomination of Olayemi Cardoso as the substantive Governor of the Central Bank of Nigeria (CBN).
President Bola Tinubu on September 15 approved the nomination of Cardoso as the new Governor of the Central Bank of Nigeria for a term of five years at the first instance, pending his confirmation by the Senate. He is to replace Godwin Emefiele who reportedly resigned his position in August following his suspension by the President.
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Cardoso who is a banker, chartered stockbroker, and public policy expert, has served for over four decades in the public, private, and development sectors as a leader and innovator.
It was gathered that some of his most impactful roles are: Commissioner in the Lagos State Ministry of Economic Planning and Budget; Chairman of the board of the African Venture Philanthropy Alliance and, most recently, Chairman of Citibank Nigeria Ltd for 12 years, until his resignation in 2022.
Below are highlights of the past governors of Nigeria’s apex bank.
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They are:
1. Roy Pentelow Fenton (July 24, 1958 – July 24, 1963)
2. Aliyu Mai-Bornu (July 25, 1963 – June 22, 1967)
3. Clement Nyong Isong (August 15, 1967 – September 22, 1975)
4. Adamu Ciroma (September 24, 1975 – June 28, 1977)
5. Ola Vincent (June 28, 1977 – June 28, 1982)
6. Abdulkadir Ahmed (June 28, 1982 – September 30, 1993)
7. Paul Agbai Ogwuma (October 1, 1993 – May 29, 1999)
8. Joseph Oladele Sanusi (May 29, 1999 – May 29, 2004)
9. Charles Chukwuma Soludo (May 29, 2004 – May 29, 2009)
10. Sanusi Lamido Aminu Sanusi (June 3, 2009 – February 20, 2014)
11. Sarah Alade (Acting) (February 20, 2014 – June 3, 2014)
12. Godwin Emefiele (June 3, 2014 – June 9, 2023)
13. Folashodun Adebisi Shonubi (Acting) (June 9, 2023 – September 26)
14. Olayemi Cardoso (September 26 – Date)
PUNCH
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