It is no longer news that Mallam Sanusi Lamido had been suspended as the CBN Governor and Mr.Godwin Emefiele had been appointed in his stead by
Lamido Sanusi, has reacted to his suspension by President Goodluck Jonathan, vowing to head for court to challenge his suspension.
Sanusi, who spoke on CNBC Africa few hours after his suspension on Thursday, said challenging his removal in court was not to ensure that he returned to the office but to preserve the integrity and independence of the apex financial institution.
He equally dismissed the sundry allegations made against his leadership at the CBN, saying the allegations were not new.
Sanusi described his suspension as political, wondering why the Presidency had waited for this long to remove him from office.
Meanwhile,this is the profile of the newly appointed CBN Governor Of Nigeria,Mr.Godwin Emefiele !
He is the Group Managing Director, Zenith Bank Plc, a position he has held since August 2010. Until then he was the Deputy Managing Director of the bank, having been appointed into that position in 2001. Emefiele has been on the bankâ€™s management team since inception and has held various management positions in the bank, including serving as the Bankâ€™s Executive Director in charge of Corporate Banking, Treasury, Financial Control and Strategic Planning.
Until he took over as Group Managing Director, Emefiele was directly responsible for all the Groupâ€™s local subsidiaries, Treasury and Correspondent Banking, and Multilateral, Conglomerates, & Private Banking. He also had responsibilities for direct supervision of majority of the bankâ€™s branches in Lagos and Northern Nigeria.
Emefiele has over twenty-six (26) years banking experience and holds a B.Sc and an MBA in Finance both from the University of Nigeria Nsukka. Before commencing his banking career, he lectured Finance, Bank Management, and Insurance at the University of Nigeria and University of Port Harcourt !