Acting CBN Governor, Folashodun Adebisi Shonubi: A profile

Until his current role as Acting Governor of the CBN, Folashodun Adebisi Shonubi was deputy governor in charge of the Operations Directorate. He also represented the CBN on the board of the Federal Inland Revenue Service (FIRS) from December 9, 2019.

Born on March 7, 1962, he attended the University of Lagos from 1978 to 1983 where he obtained a Bachelor of Science in Mechanical Engineering. He obtained a Master of Science in Mechanical Engineering in 1985 with an interest in Production from the university.

In 1989, obtained a Master’ in Business Administration specialising in Finance. Shonubi began his working experience as a consultant engineer at Mek-ind Associates and worked from 1984 to 1989 before moving to Inlaks Computers Limited as a marketing executive from 1989 to 1990.

He moved to Citibank Nigeria Limited as Head of Treasury Operations from 1990 to 1993 after which he worked briefly at Agusto & Co Ltd, a consulting firm, as a supervising consultant from 1993 to 1996. He later joined MBC International Limited as Deputy General Manager (Banking Operations and Information Technology).

In 1999, he joined First City Monument Bank (FCMB) Limited as Vice-President (Operations and Information Technology) and was there till 2002.
In 2003, he moved from FCMB to Ecobank Nigeria Plc as an executive director in charge of Operations and Information Technology. In 2007, he took an offer as the Director, Information Technology and Corporate Services at Renaissance Securities Nigeria Limited.

He was recruited by Union Bank of Nigeria Limited as an executive director (Operations, Technology, and Services) in September 2009. He was in Union Bank until April 2012 when he became the Managing Director of Nigeria Inter-Bank Settlement System Plc until 2018.


By Guardian Nigeria

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