Buhari nominates Shonubi as new CBN deputy governor

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President Muhammadu Buhari on Friday approved the nomination of Mr. Folashodun Shonubi as Deputy Governor of the Central Bank of Nigeria, subject to Senate confirmation.
The approval was contained in a statement by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu.
Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settlement System Plc – the financial payments, facilitation and settlement platform – which has been instrumental to the growth in electronic payments in the Nigerian financial industry.
Before assuming the headship of NIBBS in 2012, Shonubi had garnered decades of executive-level experience in financial service operations, notably as Executive Director at Union Bank of Nigeria Plc, Renaissance Securities Nigeria Ltd and Ecobank Nigeria Plc.

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