Profile of new acting CBN Governor, Folashodun Shonubi

Folashodun Adebisi Shonubi

He holds double Masters Degrees respectively in Business Administration and Mechanical Engineering, from University of Lagos. He is a resourceful Information Technology-driven banker with over 22 years professional experience.

Prior to his appointment as the Managing Director of NIBSS Plc., Mr. Shonubi was Executive Director, Information Technology and Operations at Union Bank of Nigeria Plc; a member of the Board of Union Homes and Director, Information Technology and Corporate Services in Renaissance Securities Nigeria limited, with responsibility for the Group’s IT infrastructure in Africa.

Mr. Shonubi also had a stint with Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993). Between 1999 and 2007, he worked in MBC International as Deputy General Manager and supervised their IT operational platforms. He served in First City Monument Bank Limited as Vice – President and in Ecobank Nigeria Limited as Executive Director.

He has served on a number of sub-committees of the Bankers’ Committee, including the Ethics and Professionalism sub-committee.

Until his appointment as the acting Governor of the Central Bank of Nigeria, following the suspension of Godwin Emefiele on Friday night, Shonubi was the Deputy Governor (Operations Directorate), of CBN.

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