The Central Bank of Nigeria has a governor who is also the CEO that controls the banking system in the country. He works directly with the finance minister and the presidency to see the country through its economic challenges. The Current CBN CEO is Godwin Emefiele. Read this article carefully to know about his Full Career Updates( Educations and Awards) and his Biograpghy.
Full Career Updates and Biography of the Central Bank of Nigeria CEO
Godwin Emefiele is the current governor of the Central Bank of Nigeria (CBN). He assumed this position on June 3, 2014. Prior to this, Godwin served in different capacities at the Zenith Bank Plc. He is an icon in the Nigerian banking and finance sector. Summarily, Emefiele has over 26 years of experience in the banking industry.
His Personal Life
He lost his mother in April 2016. She was buried in Delta state according to traditional and Christian rites. The burial was attended by so many elites including governors, senators, chiefs of large state structures, professors, rich men, and other famous people. He is happily married to Margaret Emefiele and he his a proud father of two children.
Godwin, born on August 4, 1961, in Lagos, Nigeria, hails from Ika South LGA, Delta State, Nigeria. He attended Government Primary School, Victoria Island, earning a Primary school leaving certificate in 1973.
His secondary education was at Maryland Comprehensive Secondary School, Maryland, Lagos, Nigeria, and he graduated in June 1978. Subsequently, Godwin attended the University of Nigeria, Nsukka, and bagged a degree in Banking and Finance in June 1984.
Also, he obtained a Master’s degree in Finance at the same University, in 1986. Godwin Emefiele attended Stanford, Harvard, and Wharton Graduate School of Business where he took courses in Negotiation, Service Excellence, Critical Thinking, and Leading Change.
Godwin Emefiele Career
Before Godwin Emefiele got into the banking sector, he was a lecturer. He taught Finance, Bank Management, and Insurance at the University of Nigeria Nsukka, and the University of Port-Harcourt respectively.
In addition, he served as the Director of ACCION Microfinance Bank Limited.
Godwin Emefiele At Zenith Bank
Godwin Emefiele has 26 years of experience in banking. He has been on the management team of Zenith since its inception. In other words, he served as the Bank’s Executive Director, Deputy Managing Director, and the Group Managing Director.
Firstly, when Godwin was the Executive Director, he was in charge of corporate banking, treasury, financial control, and strategic planning. Subsequently, he was appointed the Deputy Managing Director in 2001.
This time, he was responsible for Zenith Bank’s local subsidiaries, treasury, correspondent banking, multilateral, conglomerates, and private banking. In addition, Godwin has responsibilities for direct supervision of the major bank branches in Lagos and Northern Nigeria.
Godwin Emefiele Leadership In CBN
The Central Bank of Nigeria is the apex monetary bank created by the CBN Act of 1958. The apex bank began operation on July 1, 1959. Firstly, Godwin was appointed by President Goodluck Jonathan on June 3, 2014, as the 11th CBN Chief and the 10th indigenous governor of CBN.
Godwin succeeded Mallam Sanusi Lamido Aminu Sanusi. Secondly, he was reappointed by President Muhammadu Buhari in May 2019. Luckily, the Senate confirmed his appointment the following day.
Godwin Emefiele Awards
- Best Graduating Student Award (MBA), University of Nigeria, 1986
- Honorary Fellowship of the Chartered Institute of Bankers of Nigeria (CIBN), 2014
- National Honours Award of the Commander of the Order of Nigeria (CON) by President Goodluck Jonathan, 2014
- Lifetime Award in Banking, Finance and National Development, Institute for Service, Excellence, and Good Governance, 2016
- Public Service Award, The Sun, 2017
- Best of Africa Innovative Banking Award, Forbes Magazine, 2017
- Man of the Year Special Achievement Award, Silverbird Communication, 2017
- Most Distinguished CBN Governor of the decade, Coalition of Civil Societies and Media Executive for Good Governance in Nigeria COCMEGG, 2017
- Financial Policy Strategist of the Year Award, Blueprint Impact Series, 2018
Godwin Emefiele Net Worth 2022
There are lots of answers that comes up when you search for the CBN’s governors net-worth. Godwin Emefiele’s net worth and it is hard to ascertain which of them is credible. The reason it is that difficult is that the CBN governor is not one to flaunt his wealth on social media or talk about them during interviews.
However, based on sources calculations the governor is worth about $2million. To arrive at this figure, we put into consideration his huge salary and allowances from his time in Zenith Bank Plc and also his first tenure as the CBN Governor. Including his time as a lecturer in two Nigerian universities.
So you easily say Emefiele is worth around $2 million. If there’s any difference between whatever he later announces he is worth and this figure it wouldn’t be much.
Was this article Insightful? Please share to your loved ones via their various social media platforms