Meet Yemi Cardoso, newly appointed CBN governor

President Bola Tinubu on Friday permitted the nomination of Dr. Olayemi Michael Cardoso as the brand new Governor of the Central Financial institution of Nigeria for a time period of 5 years on the first occasion, pending his affirmation by the Senate.

Tinubu additionally permitted the nomination of 4 new Deputy Governors of the apex financial institution, for a time period of 5 years on the first occasion, pending their affirmation by the Senate.⁣

They embody Mrs. Emem Usoro, Mr. Muhammad Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.

On this report, The PUNCH highlights the issues it’s essential know concerning the new CBN governor.

1. Olayemi Cardoso, a Lagosian, grew up in Lagos and attended Corona College Ikoyi and St. Gregory’s School all in Lagos for his main and secondary training, respectively.
2. His father, Felix Bankole Cardoso, was the primary indigenous Accountant-Basic of the Federation of Nigeria in 1963; and, the primary indigenous Vice Chairman and Managing Director of Barclays Financial institution of Nigeria shortly after becoming a member of the financial institution in 1972. Underneath his management, Barclays efficiently reworked into Union Financial institution of Nigeria, a wholly-owned Nigerian entity
3. He accomplished his undergraduate research upon acquiring a Bachelor’s diploma in Managerial and Administrative Research from Aston College in 1980.
4. He later furthered his training on the Harvard Kennedy College of Authorities, incomes a Grasp’s diploma in Public Administration in 2005 as a Mason Fellow.
5. In recognition of his excellent achievements within the non-public and public sectors, Cardoso was granted a Doctorate in Enterprise Administration (DBA) (honoris causa) by Aston College in 2017. He’s additionally esteemed as a Fellow of the Chartered Institute of Stockbrokers.
6. Olayemi Michael Cardoso is a Nigerian banker, chartered stockbroker and public coverage knowledgeable.
7. He has served for over 4 many years within the public, non-public and improvement sectors as a pacesetter and innovator.
8. Amongst his most impactful roles are: Commissioner within the Lagos State Ministry of Financial Planning and Price range; Chairman of the board of the African Enterprise Philanthropy Alliance and, most just lately, Chairman of Citibank Nigeria Ltd for 12 years, till his resignation in 2022.
9. Cardoso is a devoted household man. He’s married with 5 youngsters and three grandchildren. His dad and mom have been descendants of Brazilian returnees and got here from distinguished households from Popo Aguda.

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