Fourteen Directors Disengaged As CBN Sacks 300 Staff Members
Fourteen directors of the Central Bank of Nigeria and over 300 other officials of the bank were reportedly sacked by the apex bank on Friday.
The sacking brings the list of those so far disengaged from the bank under the CBN Governor, Olayemi Cardoso to over 500.
According to reprts, the disengagement letters of additional 200 have been signed, and would be issued to the affected staff in the coming days.
The affected directors according to findings are Clement Oluranti Buari, Director, Strategy Management; Dr Blaise Ijebor, Director, Risk Management; Lydia Ifeanyichukwu Alfa, Director, Internal Audit; Jimoh Musa Itopa, Director, Capacity Development; Muhammad Abba, Director, Human Resources; Rabiu Musa, Director, Finance; Dr Mahmud Hassan, Director, Trade & Exchange; Dr Ozoemena S. Nnaji, , Director, Statistics; Dr Omolara Duke, Director, Financial Markets.
Others are Chibuike D. Nwaegerue, Director, Other Financial Institutions Supervision; Chibuzo A. Efobi, Director, Payments System Management; Haruna Bala Mustafa, Director, Financial Policy and Regulation; Rakiya Shuaibu Mohammed, Director, Information Technology and Benjamin Nnadi, Director, Reserve Management.
The three directors that were spared are Rashida Jumoke Monguno, Director, Corporate Secretariat, Salam-Alada Sirajuddin Kofo, Director, Legal Services and Aderinola Shonekan, Director, Research.
The latest mass sack cuts across 29 departments, affecting all cadres from directors to deputy directors, assistant directors, principal managers, senior managers and lower ranking staff like executive trainees.
Most of the members of staff affected were branch operations officials across the 36 branches in the 36 states of the federation and the headquarters in FCT.
It was learnt that some of those who were earlier transferred from the headquarters to the branches were affected by the latest action, as they received their disengagement letters through emails.
A sample of the termination letter reads “In line with our new mission and vision, the Bank is currently undergoing a significant organizational and human capital restructuring process.
“As a result of this review, I have been directed to notify you that your services will not be required with effect from Friday, 24th May 2024. Your final entitlements will be calculated and paid to you in due course.”