File: CBN Building, Abuja

The Central Bank of Nigeria has redeployed its four Deputy Governors in a management reshuffle aimed at strengthening its leadership structure and improving operational efficiency.

The changes, which took effect on June 1, 2026, were reflected in an updated profile on the apex bank’s official website on Monday.

Under the new arrangement, Deputy Governor in charge of Economic Policy, Dr Muhammad Abdullahi, has been reassigned to the Corporate Services Directorate. In his place, Mr Philip Ikeazor will now oversee the Economic Policy Directorate.

The restructuring also saw the Deputy Governor, Corporate Services, Ms Emem Usoro, moved to the Operations Directorate, while Mr Lamido Yuguda was transferred from Operations to the Financial System Stability Directorate.