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Appointments

CBN gets a new Director for Currency Operations

Ahmed Bello Umar has been appointed by the Central Bank of Nigeria (CBN) for the post of Director, Currency Operations Department.

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CBN makes new appointment  

Ahmed Bello Umar has been appointed the new Director, Currency Operations Department by the Central Bank of Nigeria (CBN). The appointment reportedly took effect on Thursday, December 5, 2019.

The appointment was disclosed in a statement signed by the Director, Corporate Communications Department, Isaac Okorafor as reported by This Day. Umar took over from CBN’s former Director, Currency Operations Department, Mrs Priscilla Ekwueme Eleje who exited the bank after reaching the statutory retirement age.

What you should know: Priscilla Ekwueme Eleje was popular for becoming the first female Director of currency in the history of the CBN and the first woman to append her signature on Nigeria’s banknotes. Eleje is a psychology graduate of the University of Jos (UNIJOS), Nigeria. Before the confirmation of her appointment as a Director, she was the Acting Director of Currency and Operations at the CBN.

Treasury Bills, CBN acts tough again, gives banks 72 hours ultimatum to resolve customers’ complaints, CBN, NECA calls for CBN

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Eleje is an alumnus of the prestigious Hubert H. Humphrey Fellowship programme. She has completed her programme in Banking and Management at Boston University, Massachusetts, USA. More so, Eleje is a Certified Information System Auditor (CISA).

A look into Umar’s profile: Prior to this appointment, Umar was the Director, Trade and Exchange Department at CBN. Born on July 10, 1963, Umar joined the services of the CBN in May 1989.

[READ MORE: Transcorp Hotels Plc appoints Ojediran as new Acting Chief Financial Officer]

The new Director of currency holds a Bachelor of Laws degree from Ahmadu Bello University (ABU), Zaria. He was called to the Nigerian Bar in 1987. He also holds certification in Information Systems Audit & Control Association (ISACA), Illinois, USA and is a Certified Information System Auditor. He is equally certified in Risk and Information Systems Control (CRISC).

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Umar is a member of the Nigerian Bar Association (NBA), the Nigerian Institute of Management (NIM), Institute of Internal Auditors of Nigeria (Associate-AIIAN), the Information System and Control Association (ISACA) and the Global Association of Risk Professionals (GARP).

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Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - [email protected]

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Appointments

Usman Alkali Baba assumes office as new IG of Police

The FG announced that IGP Usman Alkali Baba assumed duty as the new Inspector General of Police on Wednesday.

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The Federal Government announced that IGP Usman Alkali Baba assumed duty as the new Inspector General of Police on Wednesday.

The FG disclosed this in a statement on Wednesday evening, citing that he is taking over from IGP Mohammed Abubakar Adamu, NPM, who retired after 35 years of meritorious service to the nation.

What the FG is saying

“The handing/taking over of leadership between the former and new Police Chiefs was held in a brief but colourful ceremony at the Force Headquarters, Abuja. The event was climaxed with the symbolic handover of the Nigeria Police flag.

The new IGP, who is the 21st indigenous Inspector General of Police, Ag. IGP Usman Alkali Baba, NPM, psc (+), fdc, a fellow of the National Defence College, hails from Geidam in Yobe State. He was commissioned into the Nigeria Police Force on 15th March 1988 as a Cadet Assistant Superintendent of Police.

He holds a Masters degree in Public Administration (MPA) and a Bachelor of Arts degree in Political Science.

The FG also disclosed that the new IGP believes in the provision of motivational and credible leadership driven by professionalism and strategic planning, all directed at stabilizing internal security and modernizing police operations within the framework of citizens’ consent, trust, and the rule of law.

In case you missed it 

The Federal Government revealed why President Buhari terminated the appointment of the outgoing Inspector General of Police (IGP), Muhammad Adamu, before the expiration of the 3-months extension, saying the ex-IGP’s tenure was terminated following the completion of the selection process for a new Inspector General of Police.

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Appointments

FSDH appoints FCMB Director, Bukola Smith as new Managing Director and CEO

FCMB appoints FCMB Executive Director, as new Managing Director and CEO, to replace Hamda Ambah.

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Bukola Smith, the Executive Director, Business Development, in First City Monument Bank Limited has been appointed by FSDH Merchant Bank as the new Managing Director and Chief Executive Officer of the Lagos based financial institution.

This information was revealed in a recent post made by Smith, the new MD/CEO of the bank via her official LinkedIn account.

Her appointment will take full effect in mid-April, 2021, as she moves to take over from Hamda Ambah who will retire from the bank with effect from April 27th, 2021, after 28 years of service to the company, including four years and three months as the Managing Director of the Merchant Bank.

Smith is expected to take on the full responsibility of leading FSDH Merchant Bank to greater heights of global success, building on the impressive work Ambah has done in the last four years and three months as the Managing Director of the Merchant Bank.

What they are saying

Commenting on her appointment, Bukola Smith said:

“Super excited to announce my appointment as the new MD/CEO of FSDH Merchant Bank from mid-April, 2021. Thus, bringing an end to 14 beautiful and impactful years at FCMB.”

Special thanks go to all my friends and colleagues, who made my time at FCMB an amazing experience.

It is a privilege to take over from a Super Mentor, Hamda Ambah who has done a great job in steering the ship over the years.”

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About Smith

Bukola Smith holds a Bachelor’s Degree in Economics from the University of Lagos, and also holds an MBA from Manchester Business School, University of Manchester, United Kingdom.

Smith was appointed Executive Director, Business Development at First City Monument Bank (FCMB) in 2017, and prior to this, she was the Regional Head, Lagos Region of the Bank.

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She has occupied several key positions in FCMB as the Group Head Treasury and Financial Institutions; Divisional Head, Investment Banking and Financial Markets; Director Project and Structured Finance; and Divisional Head, Group Internal Audit, since she joined the bank in 2006.

As the Executive Director in charge of Business Development in FCMB, the bank’s Small and Micro business-focused team moved up to the first position in 2019, to emerge as the best SME supporter in the country – according to a KPMG Customer Service Report 2020.

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