Mr. Folashodun Adebisi Shonubi, who was the deputy Governor (Operations Directorate), Central Bank of Nigeria (CBN), has become the acting Governor of the apex bank, following the suspension of Godwin Emefiele as the Governor.
Emefiele was suspended by President Bola Tinubu, on Friday night in a statement issued by the Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey.
Shonubi assumed the position of Operations Directorate on October 17, 2018.
Born on March 7, 1962, he holds a double Master’s Degree respectively in Business Administration and Mechanical Engineering, from the University of Lagos. He has over 30 years professional experience in the banking industry.
He was the Managing Director/CEO of the Nigeria Inter-Bank Settlement System PLC from 2012-2018.
Before he was appointed the Managing Director NIBSS PLC, Mr. Shonubi was Executive Director, Information Technology and Operations at Union Bank of Nigeria Plc; a member of the Board of Union Homes and Director, Information Technology and Corporate Services in Renaissance Securities Nigeria Limited, with responsibility for the Group’s IT infrastructure in Africa
Between 1999 and 2007, he worked in MBC International as Deputy General Manager and supervised their IT operational platforms, served in First City Monument Bank Limited as Vice President and in Ecobank Nigeria Limited as Executive Director.
Mr. Shonubi also had a stint with Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993). He has served on a number of sub-committees of the Bankers’ Committee, including the Ethics and Professionalism sub-committee.