Buhari nominates IMF executive director as CBN deputy gov

President Muhammadu Buhari has nominated Kingsley Obiora as the new deputy governor of the Central Bank of Nigeria (CBN), to replace Okwu Joseph Nnanna, the deputy governor, economic policy directorate, who will retire on the 2nd of February, 2020.

Obiora is an alternate executive director in the Africa Group One Constituency of the International Monetary Fund (IMF) in Washington DC, US.

In a letter to Senate President Ahmad Lawan, Buhari said the nomination was in accordance with the provision of section 8(1) (2) of the CBN Act 2007.

Obiora has a first degree from the University of Benin as well as masters and doctorate degrees in economics from the University of Ibadan.

Since joining IMF as an Economist in 2007, Dr. Obiora has worked in various countries in Europe, Africa, and Asia.

While on leave from the IMF, he worked with the Nigerian Government as Special Assistant to the President’s Chief Economic Adviser and Technical Adviser to the National Economic Management Team.

He also worked as a Special Adviser on Economic Matters to the Governor of the Central Bank of Nigeria. All between October 2011 and July 2018.

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