10 Most Important Facts About New CBN Governor

 

President Goodluck Jonathan today suspended the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi and appointed a new governor Dr. Sarah Alade.

Dr. Sarah Alade, is said to be the most senior deputy governor of the bank and as such was chosen for the task.
Here are 10 things you need to know about the acting CBN governor:
1. Dr. Sarah Omotunde Alade was appointed Deputy Governor (Economic Policy) Central Bank of Nigeria on 26th March, 2007.
2. She attended the University of Ife, Ile-Ife (now Obafemi Awolowo University) where she obtained a B.Sc (Hons) degree in Economics in 1976.
3. She also obtained an M.Comm degree at the University of Melbourne, Melbourne, Australia in 1983.
4. She got a Ph.D in Management Science (Operations Research) from the University of Ilorin in 1991.
5. Dr. Sarah Alade commenced her working career in 1977 with the Ministry of Finance and Economic Development, Ilorin, Kwara State.
6. In 1991, she joined the University of Ilorin as a Lecturer in the Department of Accounting and Finance.
7. She joined the Central Bank of Nigeria in 1993 as an Assistant Director in the Research Department.
8. Dr. Alade has served on the teams on major economic policy studies, and has been involved in the preparation of Central Bank of Nigeria's Monetary and Credit Policy Proposals over the years.
9. She was actively involved in the drafting of the Medium Term Economic Programme (MTP) for Nigeria and the IMF staff Monitored Programme/Standby Arrangement.

10. Dr. Alade was appointed Director, Banking Operations Department in May 2004.