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Senate Confirms CBN Deputy Govs’ Appointments For Second Term
Senate Confirms CBN Deputy Govs’ Appointments For Second Term
The Senate Wednesday confirmed the appointments of President Muhammadu Buhari’s nominees as deputy governors of the Central Bank of Nigeria (CBN), Aisha Ahmad and Edward Lametek Adamu, for second and final terms in office.
Their confirmation followed the adoption of the report of the Senate Committee on Banking, Insurance and Other Financial Institutions chaired by Senator Uba Sani.
He said that the committee did not receive any petition against them and they also scaled through the screening of relevant security agencies.
Ahmad and Adamu were first appointed as CBN deputy governors in charge of the Financial System Stability and Corporate Services Directorate respectively in March 2018.
President Buhari, in a letter earlier addressed to the Senate President, Ahmad Lawan, asked the Upper Chamber to confirm their nominations in the “usual expeditious manner”.
According to the letter, Ahmad as Deputy Governor in charge of Financial System Stability, is responsible for leading the effort to promote a sound financial system in Nigeria; one of the principal objects of the bank as specified within the CBN Act.
Ahmad is a member of the Governing Board and Committee of Governors at the CBN.
She is also the Chairman of the Financial Institutions Training Centre (FITC) – a not-for-profit organisation offering training, consulting and research services for the financial services sector.
Her banking and investment career spans several financial institutions including NAL Bank Plc, Zenith Bank Plc and Stanbic IBTC Bank Plc, among others.
Adamu also began his career in the Unified Public Service (UPS) with the Bauchi State Civil Service in 1983.
He worked for the UPS for 35 years, 25 of which were spent at the Central Bank of Nigeria (CBN).
During his time at the CBN, he was seconded to the Gombe State Civil Service as Senior Special Assistant and Head, Procurement Management and Due Process Office from 2008 to 2010.
After returning to the CBN in 2010, he was appointed Director of the Strategy Management Department in 2012.
He was later assigned to the bank’s Human Resources Department as Director in 2016, a position he held until his retirement from the bank on February 14, 2018.
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The Senate confirmed President Muhammadu Buhari’s nominees for deputy governors of the Central Bank of Nigeria (CBN), Aisha Ahmad and Edward Lametek Adamu, for their second and final terms in office on Wednesday.
Their confirmation came after the Senate Committee on Banking, Insurance, and Other Financial Institutions, chaired by Senator Uba Sani, adopted its report.
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