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Commercial Bankers should not head CBN – Sanusi

Editor by Editor
October 19, 2015
in Uncategorized
CBN Yet to Disburse N300bn Real Sector Facility.
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  • Former Central Bank of Nigeria (CBN) Governor, Joseph Sanusi has advised the Federal Government to appoint one of the deputy governors of the bank as Governor at the expiration of the tenure of the substantive Governor.
  • According to Sanusi, only an experienced deputy governor who knows much about the tradition of the apex bank could carry its tradition to the next level, hence, the government should give deputy governors of the Bank priority in choosing any candidate to succeed the Governor.
  • The institution celebrated two former CBN deputy governors, Mr Victor Odozie and Prof Kingsley Moghalu.

According to Sanusi:

One thing about the CBN is the quality of people the bank always has as workers; they are quality people who are used to the task. We are unhappy that the CBN  has not deemed it fit to allow experienced and qualified deputy governors to be appointed governor.

“A situation where we make commercial bankers to head the deputy governors, is a thing to be looked into.

“I believe the best thing is to bring people from outside at the level of deputy governor so that by the time they become governor, they would have imbibed the tradition of the Central Bank and I hope the government will appreciate the need for experienced hands for the post of the CBN governor.”

 

Tags: CBN NigeriaFinancial ServicesNews Review
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