Folashodun Adebisi Shonubi: All you need to know about new CBN acting gov

Folashodun Adebisi Shonubi: All you need to know about new CBN acting gov

Following the suspension order on Godwin Emefiele, the governor of Central Bank of Nigeria, CBN, by President Bola Ahmed Tinubu, Folashodun Adebisi Sh

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Following the suspension order on Godwin Emefiele, the governor of Central Bank of Nigeria, CBN, by President Bola Ahmed Tinubu, Folashodun Adebisi Shonubi is now the acting Governor, Central Bank of Nigeria (CBN).

Folashodun Adebisi until his new appointment was the Deputy Governor, Operations of CBN  representing the Governor of the Apex bank on the Board of Federal Inland Revenue Services, FIRS.

Born on the 7th of March, 1962, he attended the University of Lagos from where he obtained a Bachelor of Science in Mechanical Engineering.

He further obtained a Master of Science in Mechanical Engineering in 1985 with bias in Production Engineering from the same University. He would later obtain a Masters’ in Business Administration specializing in Finance.

He began his working experience as a Consultant Engineer at Mek-ind Associates and worked from 1984 to 1989. From 1989 to 1990, he was a Marketing Executive at Inlaks Computers Limited.

He moved to Citibank Nigeria Limited as Head, Treasury Operations from 1990 to 1993. He joined Agusto & Co. Ltd as a Supervising Consultant from 1993 to 1996 from where he moved to MBC International Limited as Deputy General Manager, Banking Operations & Information Technology from 1999. In 1999, he joined First City Monument Bank (FCMB) Limited as Vice-President, Operations & Information Technology and was there till 2002.

In 2003, he moved from FCMB to Ecobank Nigeria Plc as an Executive Director, Operations & Information Technology and in 2007 he became the Director, Information Technology and Corporate Services, Renaissance Securities Nigeria Limited. He was recruited by Union Bank of Nigeria Limited as an Executive Director, Operations, Technology and Services, September 2009 to April 2012.

He became the Managing Director/CEO, Nigeria Inter-Bank Settlement System Plc from May 2012 to October 2018 from where he moved to CBN.