PROFILE: All You Need To Know About New Acting CBN Governor, Shonubi

With Friday night’s suspension of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, President Bola Tinubu has tasked the Deputy Governor, Operations Directorate, Mr. Folashodun Adebisi Shonubi, with leading the country’s apex financial institution in an acting capacity.

Having served in the deputy governor role since October 2018, according to the website of the Federal Inland Revenue Service (FIRS), Shonubi has represented the CBN governor on the FIRS Board since December 9, 2019.

Also read:Breaking: President Tinubu Suspends CBN Governor,Emefiele

Born on March 7, 1962, he attended the University of Lagos from 1978 to 1983 and obtained a Bachelor of Science in Mechanical Engineering. He further obtained a Master of Science in Mechanical Engineering in 1985 with particular interest in Production Engineering from the same university. 

From 1988 to 1989, he began his study in Finance and obtained a Masters’ in Business Administration specialising in Finance.

Shonubi began his working experience as a Consultant Engineer at Mek-ind Associates and worked from 1984 to 1989. From 1989 to 1990, he was a Marketing Executive at Inlaks Computers Limited.

He moved to Citibank Nigeria Limited as Head, Treasury Operations from 1990 to 1993. He joined Agusto & Co. Ltd as a Supervising Consultant from 1993 to 1996 from where he moved to MBC International Limited as Deputy General Manager, Banking Operations and Information Technology from 1999. 

In 1999, he joined First City Monument Bank (FCMB) Limited as Vice-President, Operations and Information Technology and was there till 2002.

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