Who Is the Governor of the CBN?

The Governor of the Central Bank of Nigeria (CBN) is Mr. Olayemi Cardoso. He started his tenure on October 5, 2023. Before his appointment at CBN, Cardoso spent over 29 years in the commercial banking sector.

He served as the Chairman of Citibank Nigeria Ltd., a subsidiary of the world’s leading global bank and the oldest international bank in Nigeria, from 2010 to 2022. 

Between 1990 and 1997, he was an executive director at Citizens International Bank Limited and a principal partner at FBC Associates Limited from 1997 to 1999.

Cardoso also served as Commissioner for Economic Planning and Budget, Lagos State Government, from 1999 to 2005. During his tenure, he implemented the blueprint that helped boost economic development in Lagos State and encouraged reform, pioneering state-of-the-art analytical and consultative mechanisms for improving governance.

Who Is the Current Governor of the CBN?

Mr. Olayemi Cardoso is the current governor of the CBN. Before his appointment to the CBN, Cardoso was the Chairman of the Lagos Economic Summit Group (2020-2021) and the Africa Venture Philanthropy Alliance  (AVPA), 2014–2020. He also served as a member of the Economic Advisory Council of the Federal Republic of Nigeria (2015–2019)  and the Cities Alliance Think Tank (2015–2018).

Olayemi Cardoso Profile With Private Sectors

Mr. Cardoso also had a career in other private sectors: Board membership of Chevron Oil Plc (2005–2008), Nigerian National Advisory Board for Impact Investing, Lagos Business School, Institution of the Annual State Economic Summit, Johnson Products, and DRASA Health Trust.

Which School Did Olayemi Cardoso Attend?

Mr. Olayemi Cardoso graduated with a Bachelor of Science in Managerial and Administrative Studies from the University of Aston in Birmingham, United Kingdom 1980, where he concentrated on finance and accounting. 

He pursued his master's at Harvard University, Massachusetts, United States of America, in 2005, where he got a master's in public administration. He was later conferred with a Doctorate in Business Administration (DBA) (honoris causa) by the University of Aston in Birmingham in 2017 to recognize his outstanding achievements in the private and public sectors. Mr. Olayemi Cardoso is also a Fellow of the Chartered Institute of Stockbrokers.

Who Is the New CBN Governor?

Mr. Olayemi Michael Cardoso is the new CBN governor. Before assuming that seat, President Bola Ahmed Tinubu recently nominated him to formally accept duty on Friday, September 22, 2023, acting as the Governor of the Central Bank of Nigeria (CBN), pending his confirmation by the Senate.

What Is the Name of the CBN Governor?

The name of the CBN governor is Mr. Olayemi Cardoso. He succeeded in that seat after the sack of Godwin Emefiele, the former CBN Governor.

When Did Emefiele Become Cbn Governor?

Godwin Emefiele was the governor of the Central Bank of Nigeria from June 4, 2014, to June 9, 2023, when President Bola Tinubu suspended him.