South-East Nominee Rejects CBN Board Appointment As Senate Confirms Four

Former Group Managing Director, FBN Holdings, Urum Eke has rejected his nomination as a member of Board of Directors of the Central Bank of Nigeria.

Eke, an Executive Director at First Bank, was one of five others nominated and screened as CBN Directors by the Senate Committee on Banking headed by Senator Adetokunbo Abiru.

In his presentation of report for confirmation of appointments of other nominees, Senator Abiru said all of them demonstrated comprehensive grasp of economic knowledge and policies and that there was no petition against anyone of them .

Providing explanation for Eke absence during the screening, Senator Orji Uzor Kalu told his colleagues that the nominee had informed him that taking the job will be in conflict with his current engagements.

He explained further that the nominee is currently a consultant to the World Bank and other global business entities hence his reason to decline the offer.

After Kalu’s explanation, the Senate during Thursday plenary went ahead to confirm the appointment of four others as Directors on the CBN Board.

The Red Chamber accordingly confirmed their appointments when put to voice vote by the Deputy President of the Senate , Senator Jibrin Barau , who presided over the session .

President Bola Tinubu had on February 15, 2024 asked the Senate to screen and confirm Urum Eke and other four persons appointed as directors of the board of the Central Bank of Nigeria (CBN).

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