CBN Deputy Governor Resigns

The Deputy Governor in charge of Operations at the Central Bank of Nigeria (CBN), Mr. Adebayo Adelabu, has resigned from the apex Bank.

The CBN in a statement signed by its Acting Director Corporate Communications, Isaac Okorafor, said the deputy governor’s resignation will come into effect from July 15, 2018.

Okorafor explained that President Muhammadu Buhari has formally accepted Adelabu’s disengagement from the apex Bank.

In a letter dated May 24, 2018 and personally signed by Buhari, the President thanked Mr. Adelabu for his services to the country and wished him the best in his future ambitions.

“While appreciating your services in the Central Bank of Nigeria since 9th April 2014, I wish you the very best in your future ambitions and continued commitment to public service in our country and specifically, as you seek to play a more active role in politics, in your home State,” the letter stated.

Mr. Adelabu formally assumed duty as Deputy Governor at the CBN on April 9, 2014 and served at different times as Deputy Governor in charge of Financial System Stability (FSS), Corporate Services (CS), and lastly Operations (Ops), before he tendered his letter of disengagement.