Dr. Kingsley Isitua Obiora, on Monday, March 2, 2020, formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr. Okwu Joseph Nnanna.
Welcoming Obiora, CBN Governor, Godwin Emefiele, noted that he was assuming duty at a time when his experience was needed to ensure stability in the Nigerian economy.
Assigning him the Economic Policy Directorate, Emefiele charged Obiora to, beyond upholding the interest of the CBN, be on the lookout for the wellbeing of Nigeria and Nigerians, majority of who he said desired positive impact in their daily lives.
Alluding to the youthfulness of the new Deputy Governor and some new Directors in the bank, Emefiele noted deliberate efforts by the management to assign more responsibility to the youth, given their innate energy that must deployed to positive use for the good of Nigerians.
While urging all present to work together to enable the CBN to achieve its objectives, Emefiele charged them to strive to etch their names in the annals of the Bank as having contributed their quota to the overall development of the country.
According to the governor, who was flanked by Mrs. Aishah Ahmad and Folashodun Shonubi, the Deputy Governors in charge of Financial System Stability (FSS) and Operations respectively, members of staff of the CBN were part of the monetary policy team that helped to uphold the integrity of the apex bank, as well as its policies that translate to making lives better for most Nigerians whom they represent.
In his remarks after subscribing to the relevant oath administered by the CBN Board Secretary and Director, Corporate Secretariat Department, Mrs. Alice Karau, the new Deputy Governor expressed joy to be back at the CBN, promising to add value to the processes even as he solicited the cooperation of all in achieving his tasks.
Dr. Obiora was nominated Deputy Governor of the Central Bank of Nigeria on Thursday, January 16, 2020 by President Muhammadu Buhari and his appointment was confirmed by the Senate on Thursday, January 30, 2020 paving his replacement of the Dr. Joseph Okwu Nnanna who retired from the services of CBN on February 2, 2020.