In this post you will get necessary information about the Governor of the Central Bank of Nigeria, Godwin Emefiele.
Godwin Emefiele is a Nigerian economist who has been serving as the Governor of the Central Bank of Nigeria since June 4, 2014.
Godwin Emefiele was Born on August 4, 1961 in Lagos State, Nigeria, Godwin Emefiele biography show that, Godwin Emefiele is originally from Ika South, Agbor region of Delta State.
Godwin Emefiele started his career as a lecturer, he lectured finance and insurance at the University of Nigeria Nsukka and University of Port Harcourt.
Before moving to the Central Bank, Godwin Emefiele gained over eighteen years of banking experience.
Godwin Emefiele served as chief executive officer and group managing director of Zenith Bank Plc. Emefiele served as deputy managing director of Zenith Bank Plc. from 2001.
Godwin Emefiele served as executive director in charge of corporate banking, treasury, financial control and strategic planning of Zenith Bank Plc and served on the management team from its inception.
Godwin Emefiele served as director at Zenith Bank Plc and Zenith Bank (Gambia) Limited. Emefiele serves as director of ACCION Microfinance Bank Limited.
Governor of the Central Bank
Godwin Emefiele has been governor of the Central Bank of Nigeria since 2014.
During his first term, he supervised an interventionist currency policy at the behest of the presidency, propping up the Nigerian Naira by pumping billions of dollars into the foreign exchange market.
Godwin Emefiele also introduced a multiple exchange rate regime to try to mask pressure on the Naira and avoid a series of devaluations.
In 2019, Nigeria’s Senate approved a second five-year term for Godwin Emefiele.
This is the first time that anyone will serve for a second term since Nigeria’s return to democracy in 1999. Senator Bukola Saraki read President Buhari’s letter on Thursday, May 9, 2019.
Godwin Emefiele was screened on Wednesday and his confirmation came on Thursday, May 16, 2019.
Godwin Emefiele is a Nigerian economist. He has an estimated net worth of $50 million.