Zenith Bank’s Emefiele picked as Sanusi’s successor

President Goodluck Jonathan on Thursday asked the Senate to confirm Mr. Godwin Emefiele as Central Bank of Nigeria (CBN) Governor with effect from June 2.

Jonathan also requested the upper chamber to approve the appointment of Mr. Adelabu Adebayo Adekola as Deputy Governor of the apex bank.

Before his nomination Emefiele was the Managing Director and Chief Executive of the Zenith Bank Plc.

He will take over from Mallam Sanusi Lamido Sanusi as CBN Governor if confirmed.

Sanusi, whose tenure will end on June 1, was suspended on Thursday over allegation of financial recklessness and misconduct.

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