Home » Cardoso assumes duty as acting CBN governor, faces Senate screening

Cardoso assumes duty as acting CBN governor, faces Senate screening

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Dr. Olayemi Michael Cardoso has officially taken on the role of the acting Governor of the Central Bank of Nigeria (CBN) after the resignation of Godwin Emefiele.

Telescope.ng reports that President Bola Tinubu appointed Cardoso temporarily, awaiting confirmation by the senate.

The Deputy-Governors-Designate have also assumed duty, in acting capacities, the sequel to the formal resignation of Folashodun Shonubi, Aishah Ahmad, Edward Lametek Adamu, and Kingsley Obiora as Deputy Governors of the CBN.

Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s head office in Abuja, on Friday, September 26, and have since settled down to the task of administering monetary and financial sector policies of the federal government.

An Economic and Development Policy Advisor, Financial Sector Leader, former chairman of Citi Nigeria and Commissioner for Economic Planning and Budget in Lagos, Cardoso brings over three decades of managerial experience on board.

He is an alumnus of Aston University, Birmingham, United Kingdom, where he studied managerial and administrative studies.

He also holds a Master’s degree in Public Administration from the Harvard Kennedy School, United States of America.

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