NEWSTOP STORY

President Buhari appoints Aishah Ahmad new CBN Deputy Governor

President Muhammadu Buhari has presented Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN).
The President’s Special Adviser on Media and Publicity, Mr Femi Adesina, announced this in a statement on Thursday in Abuja.
According to the presidential aide, Ahmad is to replace a former Deputy Governor, who retired early this year.
He said the nomination of Ahmad was in accordance with the provisions of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007.
“President Buhari urged the Senate President, Dr Bukola Saraki, to consider the expeditious confirmation of Mrs Ahmad, who would then resume work immediately,’’ the statement added.
In the same vein, the President has written the Senate, seeking the confirmation of appointment of members of the Monetary Policy Committee of the CBN.
Adesina said the new members would replace four others whose tenure would expire at the end of the year.
“The nominees are: Prof. Adeola Adenikinju, Dr Aliyu Sanusi, Dr Robert Asogwa and Dr Asheikh Maidugu.’’
The new members of the committee are to resume duty in January 2018 after Senate’s clearance.

Profile of the new CBN Deputy Governor, Aishah Ahmad

Mrs. Aishah Ahmad, 40, has been actively involved in banking at the top level in the last 20 years, either as a banking executive or investment adviser on retail banking, wealth management, consulting and financial advisory.
Born October 26, 1977, Ahmad, an indigene of Niger State, was, prior to her appointment, the Executive Director (Retail Banking) at Diamond Bank Plc.
She is the chairperson of the executive council of Women in Management, Business and Public Service, WIMBIZ, a Nigerian non-profit organisation, established in 2001, focused on addressing issues affecting the interest of women professionals in business, with particular attention on promoting leadership development and building capacities to engender growth.
Ahmad’s appointment is expected to fill the void created by the exit of the former deputy governor in charge of Economic Policy, Sarah Alade, who retired from the Central Bank in March 2017 as the only woman in the top hierarchy of the apex bank.
Ahmad’s professional banking experience traverses the NAL Bank Plc, Stanbic IBTC Bank Plc and Zenith Bank Plc.
A member of the Chartered Financial Analyst, CFA and Chartered Alternative Investment Analyst, CAIA Associations, Mrs. Ahmad was until her appointment in charge of the Consumer Banking Division at Diamond Bank Plc, covering the consumer banking, privilege banking, retail assets chains.
A holder of the Master of Science, MSc in Finance & Management from the Cranfield School of Management in the United Kingdom, Mrs. Ahmad, an accounting graduate from the University of Abuja, also has a Master of Business Administration, MBA in Finance from the University of Lagos.
She is married to Abdallah Ahmad, a retired brigadier-general. They have two sons.
She is expected to assume duty as CBN deputy governor immediately after her confirmation by the Senate.