President Bola Tinubu has nominated Lamido Yuguda as deputy governor of the Central Bank of Nigeria (CBN).
The nomination was announced in a statement issued on Wednesday by the president’s special adviser on information and strategy Bayo Onanuga.
The appointment is subject to confirmation by the Senate of Nigeria.
The statement said the nomination followed the appointment of former deputy governor Bala Bello as special adviser to the president on political economy.
According to the presidency, the nomination was made in line with Section 8(1) of the Central Bank of Nigeria Act, 2007.
Mr Yuguda was director-general of the Securities and Exchange Commission from 2020 to 2024.
He studied accountancy at Ahmadu Bello University and graduated in 1983.
He later obtained a master’s degree in money, banking and finance from the University of Birmingham in 1991.
He is a fellow of the Institute of Chartered Accountants of Nigeria and a charterholder of the CFA Institute.
Lamido Yuguda started his career at the Central Bank of Nigeria in 1984 as a supervisor in the foreign operations department.
He worked as an economist in the Africa department of the International Monetary Fund from 1997 to 2001 before returning to the central bank.
He retired from the Central Bank of Nigeria in 2016 after serving as director of the reserve management department.
