Senate Confirms Adamu, Ahmad As CBN Deputy Governors

The Nigerian Senate, on Wednesday, confirmed Edward Lametek Adamu as the Deputy Governor for Corporate Services of the Central Bank of Nigeria (CBN).

The Red Chamber also confirmed the reappointment of Aisha Ndanusa Ahmad as the CBN Deputy Governor, Financial System Stability.

 

Adamu and Ahmad’s confirmation by the Senate was sequel to the presentation and consideration of the report of the Committee on Banking, Insurance, and other Financial Institutions, on the floor of the Senate.

 

The committee is chaired by Senator Uba Sani (APC – Kaduna Central).

 

Recall that President Muhammadu Buhari had requested the National Assembly to screen Adamu and Ahmad as deputy governors of the apex bank.

 

As contained in a letter read on the floor during plenary by Senate President Ahmad Lawan, Buhari is asked the lawmakers to confirm the nominees to serve for a second and final term at the apex Bank as deputy governors.

 

Naija News reports that Aisha was first confirmed for the position in 2018 after a screening by the senate.

 

“As Deputy Governor in charge of Financial System Stability, she is responsible for leading the effort to promote a sound financial system in Nigeria; one of the principal objects of the Bank as specified within the CBN Act,” the bank said.

 

Before the deputy governorship role, Aisha was the Executive Director of Retail Banking at Diamond Bank PLC and had 22 years of experience as a corporate executive and finance expert.

 

On the other hand, Adamu is a graduate of the Ahmadu Bello Unversity, Zaria, Kaduna State, where he bagged a BSc degree in Quantity Surveying. He is a fellow of the Nigerian Institute of Quantity Surveyors and the Institute of Credit Administration.

 

The nominee was first appointed for the CBN deputy governorship role in 2018 but began his career with the Unified Public Service (UPS) in 1983. He has spent 25 years in the apex bank.