Ahmed Kuru, the managing director of the Asset Management Company of Nigeria and Aisha Ahmed, deputy governor of Central Bank of Nigeria (CBN) are among top candidates penned down to replace Godwin Emefiele as CBN governor.
According to a report by Reuters, sources at the
apex bank said the current CBN governor, Godwin Emefiele may go on
3-month terminal leave before his tenure expires in June 2019.
The
Central Bank Of Nigeria (CBN) said Emefiele is still in the office
performing his role as head of the monetary institution. The officials
declined further comment, according to Reuters.
Who is Ahmed Kuru?
Ahmed
Kuru is the head of Nigeria’s state-backed “bad bank” AMCON who led the
sale of some of the country’s nationalised banks such as Keystone bank,
Afribank, Spring bank.
Appointed by President Muhammadu Buhari
in 2015, Kuru-led AMCON is currently in the process of selling Polaris
Bank (formerly Skye Bank Plc).
Formerly the Group Managing Director and Chief Executive Officer of the defunct Enterprise Bank Limited.
He
started his banking career with the old Habib Bank in 1985 and rose
through the ranks to become an Executive Director of Bank PHB (now
Keystone Bank) in 2005.
Kuru is respected in the banking industry, as a result-oriented and deft leader with a strong record.
Who is Aisha Ahmad?
While
Aisha Ahmad is an Accountant, financial manager and analyst by
profession who was appointed to replace the retired Sarah Alade as
deputy governor of the apex bank last year.
The 42-year-old Niger-born financial expert has experienced across Diamond Bank, Stanbic Bank and Zenith Bank Plc.
In
a similar report by Daily Sun newspaper, other prominent bankers tipped
for the job include Professor Soji Adelaja, an economist; Mohammed
Kyari Dikwa, a holder of PhD in Accounting and Finance, whose success in
coordinating the TSA and the blockage of billions for the government;
Bismarck Rewane, a financial analyst and the Managing Director of
Financial Derivatives Company; Umaru Abdul Mutallab, former CEO of UBA
and ex-Chairman of First Bank of Nigeria and Obadiah Mailafia, a former
CBN deputy governor in charge of monetary policy, foreign exchange
operations, investment management.
The rest are top bankers with
tier-1 banks, Bello Maccido, the Chairman of FBN Merchant Bank; Adesola
Adeduntan, MD/CEO, First Bank of Nigeria Limited and Herbert Wigwe,
GMD/CEO, Access Bank Plc.
In more than two years, Godwin
Emefiele-led CBN has consistently retained the key lending rate at 14%
to curb inflation and defend the local currency, Naira. The 2016
economic crisis led the country to devalue its currency and introduced
multiple exchange regime in the FX market.
Analysts have
predicted that his exit may see the Naira climbing as low as N400 to the
dollar if swift action is not taking by the present government.
Source:- Pulseng
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