Why Buhari Appointed Aishah Ahmad new CBN Deputy Governor

President Muhammadu Buhari has forwarded the name of Mrs. Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN).

According to the Special Adviser on Media and Publicity, Femi Adesina, Ahmad is to replace Dr. Sarah Alade, the Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN) who retired in March this year.

Alade once served as the acting Governor of the bank following the suspension of the former CBN Governor, Lamido Sanusi, now the Emir of Kano.In accordance with the provisions of Section 8 (1) (2) of the Central Bank of Nigeria (Establishment) Act 2007, President Buhari urged the Senate President, Bukola Saraki, to consider the expeditious confirmation of Ahmad, who would then resume work immediately.

Ahmad, a seasoned banker, financial advisor is current Executive Director, Retail/Consumer Banking at Diamond Bank Plc.In the same vein, the President has written the Senate, seeking the confirmation of appointment of members of the Monetary Policy Committee of the CBN.

They are to replace four members, whose tenure expires at the end of this year. The nominees are: Professor Adeola Festus Adenikinju; Dr. Aliyu Rafindadi Sanusi; Dr. Robert Chikwendu Asogwa and Dr. Asheikh A. Maidugu.After Senate clearance, the new members are to resume duties next January, Adesina said in a statement yesterday.

Photo Caption: Aishah Ahmad New CBN Deputy Governor.