The Central Bank of Nigeria has appointed 16 new directors to oversee critical operations, with the announcement made on August 5, 2025, via the CBN’s official website. The new appointees, a mix of seasoned professionals, will lead departments ranging from currency operations to monetary policy, aiming to strengthen the bank’s regulatory and operational framework amid Nigeria’s evolving economic landscape.
The list includes Dr. Adetona Sikiru Adedeji as Director of Currency Operations and Branch Management, Dr. Olubukola Akinwunmi Akinniyi for Banking Supervision, and Yusuf Rakiya Opeyemi for Payment System Supervision, among others.
The appointments reflect a broad regional representation, with 10 Yoruba, three Hausa, and three Igbo directors, sparking discussions on diversity in leadership roles. Sources close to the CBN, as cited in a statement on the bank’s website, indicate the selections were based on merit and expertise to drive financial stability and innovation. No official X posts from the CBN or appointees were found to elaborate further, but the move aligns with ongoing efforts to enhance efficiency in Nigeria’s financial sector.
The new directors are expected to assume their roles immediately, tackling pressing issues like inflation control and digital payment systems. The appointments come at a pivotal time as the bank navigates economic challenges, with all eyes on how the new leadership will shape policy.
