Profile: Mrs. Emem Nnana Usoro, Nominated a deputy CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.



This directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.

Furthermore, President Bola Tinubu has approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending their confirmation by the Nigerian Senate, as listed below:

(1) Mrs. Emem Nnana Usoro

(2) Mr. Muhammad Sani Abdullahi Dattijo

(3) Mr. Philip Ikeazor

(4) Dr. Bala M. Bello.


Who is Mrs. Emem Nnana Usoro?

Emem Usoro, UBA’s Executive Director, Nigerian North Bank, boasts over 20 years’ banking experience spanning Customer Service, Retail, Commercial, Corporate Banking and Public Sector, covering all the regions in the country.


Before now, the astute banker, who joined UBA in 2011, has worn several hats. She was the Directorate Head, Abuja and North Central Bank and was also the Regional Director, Lagos Island region in charge of 32 branches in the Apapa and Lagos Island region, where she was responsible for developing, planning and implementing strategies to grow and turn around ailing branches, amongst other activities. She has a strong track record of winning and executing high-powered transactions.


A Fellow of the Chartered Institute of Bankers of Nigeria (CIBN) with strong capabilities in business development, financial and business advisory, strategic planning and execution, Emem holds a B.Sc. degree in Biochemistry and an MBA degree from the Obafemi Awolowo University, Ile-Ife and is also an alumnus of Lagos Business School and Harvard Business School. She has attended several international courses on Leadership, Corporate Credit, Marketing and Negotiation skills.

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