Adelabu assumes duty as CBN Dep. Governor
Mr. Adebayo Adekola Adelabu has formally assumed his new role as the Deputy Governor of the Central Bank of Nigeria (CBN) on Wednesday.
Mr. Adebayo, who was accompanied to the Bank by his aides, was welcomed by the Deputy Governor, Corporate Services, Alhaji Suleiman Barau. Two weeks ago, he was confirmed by the Senate.
Alhaji Barau disclosed that Mr. Adelabu had been briefed and would be in charge of the Financial System Stability (FSS) Directorate. He therefore wished Adelabu well in his role, expressing confidence that his new colleague would settle down to work immediately.
Responding, Mr. Adelabu thanked Alhaji Barau and the Directors present for the warm reception accorded him. He said he was indeed eager to start work and contribute his quota to the success of the Bank.
Speaking further, Adelabu, a former Executive Director of First Bank, has over 22 years of cognate experience.
While commending the Management and staff of the Bank for the successes recorded by the Bank in the execution of its mandate, he pledged to do his utmost in collaboration with his colleagues to ensure that the CBN takes its pride of place among Central Banks of developed countries around the globe.
From left: Former President of Georgia, Mr Mikheil Saakashvili; Senior Energy Specialist, World Bank, Mr Erik Fernstrom; Vice -President, Nigerian Labour Congress, Comrade Issa Aremu and Commissioner, Rates and Market Competition, Nigerian Electricity Regulatory Commission, Mr Eyo Ekpo, at the Lagos Economic Summit tagged ‘Ehingbeti 2014’ in Lagos on Wednesday.