• Ikeazor takes over economic policy, Abdullahi corporate services, Usoro operations, Yuguda financial system stability

James Emejo in Abuja

Central Bank of Nigeria (CBN), yesterday, effected a major redeployment of its deputy governors, a move seen as part of efforts to strengthen policy coordination and regulatory oversight as the apex bank pursues ongoing reforms in monetary management, financial sector stability and institutional efficiency.

The board changes, which took effect on June 1, 2026, were reflected on the bank’s official website, with all four deputy governors assuming new responsibilities across key operational and policy directorates.

Under the new arrangement, Deputy Governor, Economic Policy, Dr. Muhammad Sani Abdullahi, was reassigned to head Corporate Services Directorate, while Mr. Philip Chukwuemeka Ikeazor took over responsibility for Economic Policy.