The new Deputy Governor of the Central Bank of Nigeria (CBN), Dr Kingsley Isitua Obiora has formally assumed office, replacing Dr. Okwu Joseph Nnanna, the former deputy governor who exited the bank on February 2, 2020.
The CBN Governor, Mr. Godwin Emefiele, in his welcoming remarks congratulated Obiora on his appointment as he noted that he was assuming duty at a time when his experience was needed to ensure stability in the Nigerian economy.
While assigning him to the Economic Policy Directorate, Emefiele urged Obiora to go beyond just upholding the interest of the bank but to uphold the interest of Nigeria and Nigerians as well because they desired a positive impact in their daily lives.
Speaking about the shift in assigning more responsibility to the youths, Emefiele told Obiora and the new directors that deliberate efforts were made by the management of the bank to bring more youthfulness on board. He noted that this is because the youths possess an energy that must be put to positive use for the good of Nigerians.
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According to the governor, members of staff of the bank were part of the monetary policy team that had to play the role of upholding the integrity of the bank and policies that translate to making lives better for most Nigerians whom they represent in the bank, New Telegraph reports.
After taking the relevant oath administered by the CBN Board Secretary and Director, Corporate Secretariat Department, Mrs Alice Karau, the new deputy governor commented on his new appointment, as he expressed joy to be back at the CBN, promising to add value to the processes even as he solicited the cooperation of all in achieving his tasks.
Recall that Nairametrics had reported when Obiora was nominated as deputy governor on January 16, 2020, by President Muhammadu Buhari. His appointment was then confirmed by the Senate on January 30, 2020, paving way for him to replace Dr. [wpdatatable id= table_view=regular]Nnanna.