President Muhammadu Buhari has approved the nomination of Mr Folashodun Adebisi Sonubi as Deputy Governor at Central Bank of Nigeria (CBN), subject to Senate confirmation.

Mr Garba Shehu, Senior Special Assistant to the President on Media and Publicity, made this known in statement in Abuja on Friday.

Sonubi is currently Managing Director of Nigeria Inter-Bank Settlement System Plc (NIBSS) – a financial payments, facilitation and settlement platform.

NIBSS has been instrumental to the growth in electronic payments in the Nigerian financial industry.

Before assuming headship of NIBBS in 2012, Sonubi had garnered decades of executive-level experience in financial service operations, notably as Executive Director at Union Bank of Nigeria Plc, Renaissance Securities Nigeria Ltd and Ecobank Nigeria Plc.

NAN