JUST IN: South-East nominee for CBN board rejects Tinubu’s appointment

One of the five members of the Board of Directors of the Central Bank of Nigeria (CBN), Mr Urum Kalu Eke, has declined the appointment.

President Bola Ahmed Tinubu had earlier forwarded the names of Kalu-Eke and four others to the Senate for confirmation.

But Kalu Eke shunned the screening exercise conducted by the Senate Committee on Banking, Insurance and other Financial Institutions.

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This came to the fore during the Thursday plenary when the Senate began the process for the confirmation of the report of the committee, which is chaired by Senator Adetokumbo Abiru (Lagos-East).

Abiru, while presenting the names of the other four nominees for confirmation by the Senate, said Kalu Eke failed to appear before the committee for screening.


“The nominee did not appear before the committee for screening. Therefore, the committee can’t recommend him for confirmation”, Abiru told the Senate presided over by the Deputy President, Senator Barau Jibrin, on Thursday.

But during the confirmation, former Governor of Abia State, Senator Orji Kalu,( APC, Abia North ) told the Senate that the person who is his constituent had called him on the phone to reject the offer, noting that it would conflict with his present job as a consultant with the World Bank.

He said, “The nominee told me this role would conflict with his job as a consultant to the World Bank, Federal Government agencies and other private companies.”

Meanwhile, the Senate has confirmed the appointment of four other members of the Board of Directors of the CBN forwarded to it by the President.

Those confirmed by the Senate on Thursday as Directors are Robert Agbede; Ado Yakubu Wanka; Professor Murtala Sabo Sagagi and Mrs. Muslimat Olanike Aliyu.

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Kalu Eke, 60, is a former Group Managing Director, FBN Holdings, serving until December 2021.

He had previously served as an executive director with First Bank.

Kalu Eke also worked with Diamond Bank Plc and Deloitte Haskins & Sells International.


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