May 25th, 2009.
Barring last minute political maneuverings by hawks in government, Information reaching LOVEWORLD NEWS AGENCY indicates that the group managing director of First Bank of Nigeria Plc, Mallam Sanusi Lamido Sanusi, may be the new governor of the Central Bank of Nigeria.
Our sources say that the presidency may have settled for Sanusi, an economist, banker and Islamic scholar, as the new helms man to replace Chukwuma Soludo as governor of the Central Bank of Nigeria.
Lamido Sanusi who has already accepted the offer is expected to be presented to the public on May 29 to coincide with Democracy Day celebrations.
Sanusi is presently the managing director of First Bank of Nigeria PLC. He took over from Chief Jacob Ajekigbe on January 1, 2009, before then he was the bank’s executive director in charge of Risk and Management Control.
Sources say Sanusi is an innovative risk and management control whiz. The son of the late emir of Kano, Alhaji Mohammed Sanusi (1954 to 1963), he was a general manager with the United Bank for Africa Plc (UBA) where he cut his teeth as a financial risk manager.
Sanusi obtained first and second degrees in economics from the Ahmadu Bello University (ABU), Zaria. The Aristocrat from one of the ruling houses in Kano also holds a degree in Sharia and Islamic Studies from the University of Khartoum, Sudan.
Market analysts say Sanusi is intelligent but fear he may not match Soludo’s excellent records garnered in the last five years.
Professor Charles Chukwuma Soludo will be remembered as the CBN governor who introduced far reaching reforms in the Nigerian banking sector. His banking consolidation programs in 2005, experts say, is the master stroke that saved my banks from going under in the wake of the global economic meltdown.
Soludo’s greatest asset as the Governor of the Central Bank is his experience as a first-rate economist; a skill he lavishly employed to achieve macro-economic stability for the greater part of his tenure as Governor of the apex Bank.
Soludo’s tenure will expire this Friday.
LoveWorld News Agency