The
Deputy Governor of the Central Bank of Nigeria (CBN), Mr. Babatunde
Olakunle Lemo, will have his last working day on January 10, 2014,
Friday.
Lemo, who is in charge of the Operations Directorate, has served two full terms of five years.
According to a statement from the CBN, retirement takes effect from January 11, 2014, Saturday.
Tunde
Lemo was born in 1959. He attended Lisabi Grammar School, Ogun State
and the University of Nigeria, Nsukka, where he emerged as the best
overall graduating student in the Faculty of Social Sciences with a
Bachelor of Science degree in Accountancy (First Class Division) in
1984.
He
attended Advanced Management Programme (AMP) at the Wharton College,
University of Pennsylvania, Philadelphia, United States in 2002 as well
as executive training programmes in world class institutions including
Harvard University, INSEAD, Fontainbleau, France and Brandies
University, Boston.
Prior
to his appointment as a Deputy Governor in CBN in 2003, Lemo was the
Managing Director/Chief Executive Officer of Wema Bank Nigeria, Plc
between 2000 and 2003.
The
outgoing CBN Deputy Governor is credited with playing a key role in the
implementation of the Banking Sector Consolidation resulting in the 24
stronger and well capaitalised banks with combined equity of over N1.6
trillion from 89 largely weak banks. Another achievement is formulation
and implementation of the Microfinance Policy and Supervisory Framework
both under the supervision of the Governor.
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