Tinubu appoints Lamido Yuguda as CBN deputy governor – THISAGE

President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to confirmation by the Senate.

The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act 2007.

Yuguda’s appointment follows the recent appointment of former Deputy Governor, Bala Bello, as Special Adviser to the President on Political Economy.

The President charges them to fulfill their responsibilities with renewed dedication, professionalism and commitment to the economic stability and growth of Nigeria, in their respective roles.

Lamido Yuguda’s last public position was as director general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a BSC in Accounting. In 1991 he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, UK.

He is a member of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charter holder.

He began his career in 1984 at the Central Bank of Nigeria (CBN) as a senior supervisor in the foreign operations department.

He also worked as an economist at the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN. He retired from the CBN in 2016, after serving for six years as director of the reserve management department.

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