CBN Shakes Up Top Management, Redeploys Four Deputy Governors

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The Central Bank of Nigeria has redeployed its four Deputy Governors in a management reshuffle. The move aims to strengthen the bank’s leadership structure and improve operational efficiency.

The changes took effect on June 1, 2026. They were reflected in an updated profile on the apex bank’s official website on Monday.

Under the new arrangement, Deputy Governor in charge of Economic Policy, Dr Muhammad Abdullahi, has been reassigned to the Corporate Services Directorate. In his place, Mr Philip Ikeazor will now oversee the Economic Policy Directorate.

The restructuring also saw Deputy Governor, Corporate Services, Ms Emem Usoro, moved to the Operations Directorate. Mr Lamido Yuguda was transferred from Operations to the Financial System Stability Directorate.

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