CBN strengthens leadership with 16 new directors across departments

The Central Bank of Nigeria has appointed 16 new directors to head key departments within the bank, effective March 3, 2025.

The appointments reflect the bank’s commitment to strengthening its operations across various regulatory, supervisory, and policy-driven functions.

The newly appointed directors are Abdullahi Hamisu, who will oversee the banking services department, while Ojumu Adenike Olubunmi has been named director of the Medical Services Department. Makinde Kayode Olanrewaju will lead the Procurement and Support Services Department, with Jide-Samuel Omoyemen Avbasowamen appointed to the information technology department.

Other key appointments include: Sike Rita Ijeoma as director, Financial Policy and Regulation Department; Isa-Olatinwo Aisha A., director, Consumer Protection Department, and Oboh Victor Ugbem appointed as director, Monetary Policy Department. Nakorji Musa will head the Trade and Exchange Department, while Yusuf Rakiya Opemi, assumes leadership of the Payments System Supervision Department.

Also, Vincent Monsurat Modesola will oversee the Strategy Management and Innovation Department; Farouk Mujtaba Muhammad will lead the Reserve Management Department, while Akinwunmi Olubukola Akinniyi takes charge of the Banking Supervision Department.

In the currency and financial supervision space, Adedeji Adetona Sikiru will direct the Currency Operations and Branch Management Department; Hassan Ibrahim Umar will head the Development and Finance Institutions Supervision Department. Solaja Mohammed-Jamiu Olayemi will oversee the Other Financial Institutions Supervision Department (OFISD). The Statistics Department will now be under the leadership of Okpanachi Usman Moses.