Profile of acting CBN Governor, Folashodun Shonubi

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Ag CBN Governor, Folashodun Shonubi

Following the suspension of the Central Bank Governor, Godwin Emefiele, Mr. Folashodun Adebisi Shonubi is now the acting CBN Governor.

The office of the Secretary to the Government of the Federation, SGF, in a statement had asked the suspended CBN Governor, Mr Emefiele to hand over to him with immediate effect.

Shonubi, an experienced financial expert and Deputy Governor (Operations Directorate) of the Central Bank, will assume the role of acting Governor until further notice.

Shonubi holds double Masters Degree respectively in Business Administration and Mechanical Engineering, from University of Lagos. He is a resourceful banker with over 30 year’s professional experience.

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Prior to his appointment as Deputy Governor in the Central Bank of Nigeria; he was the Managing Director/CEO in the Nigeria Inter-Bank Settlement System PLC from 2012 – 2018.

Prior to his appointment as the Managing Director NIBSS PLC, Mr. Shonubi was Executive Director, Information Technology and Operations at Union Bank of Nigeria Plc; a member of the Board of Union Homes and Director, Information Technology and Corporate Services in Renaissance Securities Nigeria limited, with responsibility for the Group’s IT infrastructure in Africa.

Between 1999 and 2007, he worked in MBC International as Deputy General Manager and supervised their IT operational platforms, served in First City Monument Bank Limited as Vice President and in Ecobank Nigeria Limited as Executive Director.

Mr. Shonubi also had a stint with Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993).

He has served on a number of sub-committees of the Bankers Committee, Including the Ethics and Professionalism

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