Here you will find everything you need to know about Dr. Olayemi Cardoso, the new Governor of the Central Bank of Nigeria. You should read the article to get more details and information about his life and career in general. Follow us for all the latest ideas and updates.
Who is Dr. Olayemi Cardoso?
Recently, the Senate confirmed Olayemi Cardoso as the new governor of the Central Bank of Nigeria. On Wednesday, the Nigerian Senate, led by Godswill Akpabio, was reported to have confirmed Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria. It was revealed that apart from him, four other nominees for the CBN deputy governor positions were also confirmed as Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijio, Philip Ikeazor and Dr. Bala M. Bello. Cardoso reportedly resumed as acting governor of the CBN last week, pending his evaluation and expected confirmation by the Senate. However, his confirmation was met with congratulations from former Bayelsa East Senator, Ben Murray-Bruce, who described it as a transformative period for Nigeria.
It was confirmed that, when asked by members of the Senate during his confirmation process, Cardoso outlined his plans to address the lack of stability in the foreign exchange markets. However, he expressed his intention to prioritize clearing the CBN’s foreign exchange without liquidating it in the short term. Furthermore, Shehu Sani, former Senator of Kaduna Central, shared his expectations of the new CBN governor through social media. Furthermore, Sani urged Cardoso to rescue the naira and restart the country’s monetary policy while avoiding political rice farmers. However, the new management team present at the apex bank is expected to steer its affairs for the next five years.
Olayemi Michael Cardoso was known to hail from Lagos State and spent his formative years in the vibrant city and received his primary education at Corona School Ikoyi, followed by his secondary education at St. Gregory’s College. Additionally, he began his banking career at Citibank, where he eventually rose to the position of vice president upon leaving co-founder Citizens International Bank, where he was CEO for eight years. Additionally, he holds the esteemed title of Fellow of the Chartered Institute of Stockbrokers. Evidently, he is a multi-talented individual whose career sheds light on the advancement of international development and leadership initiatives.
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Categories: Biography
Source: vtt.edu.vn