Folashodun Shonubi

Folashodun Adebisi Shonubi (born 7 March 1962) is a Nigerian economist who is served as the acting governor of the Central Bank of Nigeria from 9 June to 15 September 2023.[1][2][3] He was the Deputy (Operations Directorate) under the Former CBN governor Godwin Emefiele until his suspension.[4] He resigned from the central bank in 2023.[1]

Folashodun Shonubi
Acting Governor of the Central Bank of Nigeria
In office
9 June 2023  15 September 2023
PresidentBola Tinubu
Preceded byGodwin Emefiele
Succeeded byYemi Cardoso
Deputy Governor of the Central Bank of Nigeria (Operations Directorate)
In office
17 October 2018  2023
GovernorGodwin Emefiele
Personal details
Born
Folashodun Adebisi Shonubi

(1962-03-07) 7 March 1962
NationalityNigerian
Political partyNonpartisan
Alma materUniversity of Lagos
ProfessionBanker

Life

Shonubi graduated from the University of Lagos from 1978 to 1983 after obtaining a BSc. and MSc. in Mechanical Engineering, a Master in Business Administration specializing in Finance between 1988 and 1989.[5] His first working experience was at Mek-ind Associates where he worked as consultant engineer from 1984 to 1989 then later as a marketing executive at Inlaks Computers Limited.[5]

From 1990 to 1993, Shonubi was the Head of Treasury Operations of Citibank before proceeding to First City Monument Bank as vice president and Ecobank Nigeria Limited as executive director.[3] From 1999 to 2007, he worked at MBC International as the deputy general manager.[3] From 2009 to 2012, he was employed by Union Bank of Nigeria Limited as an executive director, operations, technology and services.[5] From 2012 to his appointment as the deputy governor of CBN (Operations Directorate), he was the managing director and chief executive officer of the Nigeria Inter-Bank Settlement System PLC.[3][6]

On 9 June 2023, President Bola Ahmed Tinubu appointed him as the acting governor of Central Bank of Nigeria following the suspension of Godwin Emefiele.[2] Following the appointment of Yemi Cardoso as governor of the central bank, Shonubi resigned from the CBN.[1]

References

  1. Disu, Nathanael (22 September 2023). "Yemi Cardoso assumes duty as acting CBN Governor". Nairametrics. Retrieved 24 September 2023.
  2. Nseyen, Nsikak (10 June 2023). "CBN: Five things to know about acting Governor, Folashodun Shonubi". Daily Post. Retrieved 10 June 2023.
  3. Adegboyega, Ayodeji (10 June 2023). "PROFILE: Meet Folashodun Shonubi, CBN's acting governor". Premium Times. Retrieved 10 June 2023.
  4. Oyewo, Dayo (9 June 2023). "Folashodun Shonubi: Meet the CBN's new acting governor". Punch Newspapers. Retrieved 15 August 2023.
  5. Ugbodaga, Kazeem (10 June 2023). "14 Quick Facts About Acting CBN Governor Folashodun Shonubi". PM News. Retrieved 10 June 2023.
  6. Nigeria, Guardian (12 June 2023). "Daunting expectations from Shonubi as CBN 'housecleaning' begins". The Guardian Nigeria News - Nigeria and World News. Retrieved 12 June 2023.
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