The Central Bank of Nigeria has reassigned four of its deputy governors, with the changes taking effect from June 1 as part of efforts to strengthen operations across key departments.
Under the new arrangement, Bala Bello Abdullahi will oversee the bank’s administrative and support services, ensuring the effective coordination of internal functions.
Philip Ikeazor has been appointed to lead the Economic Policy Directorate, where he will supervise economic research and policy evaluations that influence decisions on inflation control, interest rates, and other monetary policy matters.
Emem Usoro has been moved from Corporate Services to head the Operations Directorate. Her new responsibilities include overseeing critical day-to-day functions such as currency management and payment system activities.
Meanwhile, Lamido Yuguda has been reassigned to the Financial System Stability Directorate after serving in the Operations Directorate. In his new position, he will focus on identifying risks within the banking sector and promoting the stability of the financial system.
The apex bank explained that the redeployment is aimed at maximizing the expertise of its senior officials while aligning leadership responsibilities with its evolving institutional objectives.
