…Ikeazor takes over economic policy, Abdullahi, corporate services

Olayemi Cardoso, governor, Central Bank of Nigeria (CBN) has redeployed the bank’s four deputy governors in a leadership reshuffle aimed at strengthening policy coordination and regulatory oversight as the institution advances a broad reform agenda.

The changes, which took effect on June 1, were reflected on the central bank’s official website and saw all four deputy governors assume new responsibilities across key policy and operational directorates.

Under the new structure, Muhammad Sani Abdullahi, previously deputy governor in charge of economic policy, moves to head the Corporate Services Directorate, while Philip Ikeazor takes over the Economic Policy Directorate. Emem Usoro, formerly responsible for corporate services, will now oversee the Operations Directorate, while Lamido Yuguda moves from operations to lead the Financial System Stability Directorate.

The redeployment comes as the central bank pursues measures aimed at curbing inflation, strengthening financial system resilience, supporting banking sector recapitalisation and restoring investor confidence in Nigeria’s financial markets.