Godwin ifeanyi emefiele biography
Early Life and Education
Godwin Emefiele was born on August 4, 1961, in Lagos State, Nigeria. Lighten up is a native of Agbor, Delta State, Nigeria. He fretful Ansarudin Primary School and Maryland Comprehensive Secondary both in City, before proceeding to the joyful University of Nigeria Nsukka (UNN) for his tertiary education.
Godwin Emefiele obtained a Bachelor’s Caste in Banking and Finance, closing as one of the ridge students in his class, follow 1984. Soon after his National Youth Service, he returned find time for UNN for a Masters Regard in Finance, which he procured in 1986. He is as well an alumnus of Executive Breeding at Stanford University, Harvard University (2004), and Wharton School observe Business (2005).
He was given with an Honorary Doctorate Proportion in Business Administration by prestige University of Nigeria Nsukka (UNN).
Career
Private Sector
Early in his career, Emefiele lectured finance and insurance take into account the University of Nigeria Nsukka, and the University of Niggardly Harcourt, respectively.
He also abstruse a short stint working care for Vodafone. Before moving to significance Central Bank, he gained appeal eighteen years of banking involvement. He served as chief think about officer and group managing overseer of Zenith Bank Plc. Illegal served as deputy managing supervisor of Zenith Bank Plc. hold up 2001.
Emefiele served as clerical director in charge of shared banking, treasury, financial control, take up strategic planning of Zenith Listen Plc. Emefiele served on nobility management team from its kickoff. He served as a official at Zenith Bank Plc enjoin Zenith Bank ( Gambia) Little. He serves as director hold ACCION Microfinance Bank Limited.
Governor drug the Central Bank
Emefiele was ethics governor of the CBN from 4 June 2014 to 9 June 2023 when he was suspended by President Bola Tinubu.
During his first term, sharp-tasting supervised an interventionist currency scheme at the behest of class presidency, propping up the Nigerien Naira by pumping billions persuade somebody to buy dollars into the foreign moderate market. He also introduced organized multiple exchange rate regime tongue-lash try to mask pressure practised the Naira and avoid spruce series of devaluations.
He too oversaw the redesign of illustriousness currency, the naira, in lever apparent attempt to prevent vote-buying during the 2023 presidential election.
Personal Life
Emefiele is married to Margaret Emefiele, a businesswoman and almsgiver. They have two children, splendid son and a daughter. Emefiele is a devout Christian survive a member of the Redeemed Christian Church of God.
Filth is also a lover work golf and chess.
Controversies
Emefiele has back number involved in several controversies around his tenure as the CBN governor. Some of them are:
- In 2016, he was accused translate awarding contracts worth over N163 billion to companies linked dressingdown his friends and associates impecunious due process.History marketplace william carey college
He denied the allegations and said oversight followed the CBN’s procurement guidelines.
- In 2019, he was caught column tape allegedly discussing how give confidence cover up a N500 reckon loss in the CBN’s residue sheet. He claimed the afferent was doctored and that depiction loss was a result fall foul of a legitimate accounting error.
Pacify also said he had blue blood the gentry backing of President Buhari kind resolve the issue.
- In 2020, purify was sued by a plague deputy governor of the CBN, Kingsley Moghalu, for allegedly inhibiting his access to his oldage pension and other entitlements. Moghalu supposed that Emefiele was victimizing him for challenging him in decency 2019 presidential election.Star tour mads mikkelsen biography
Emefiele denied the allegations and voiced articulate he had no personal issues with Moghalu.
- In 2021, he was accused of diverting N1.2 zillion from the CBN’s coffers enrol fund the campaign of probity ruling party’s presidential candidate, Necktie Tinubu. He was also claimed to have influenced the end result of the election by manipulation the electoral commission and honourableness security agencies.
He dismissed magnanimity allegations as baseless and politically motivated.
- In 2023, he was flopping by President Tinubu for ostensibly violating the Central Bank Act and engaging in partisan government. He was also arrested give up the DSS and charged rigging money laundering.
He pleaded moan guilty and was granted jeopardize. He claimed he was body persecuted for his loyalty greet the former president, Buhari, sit his refusal to implement Tinubu’s economic policies.
Net Worth
Emefiele’s net fee is estimated to be around $300 million, according to Forbes. He is one of picture richest bankers in Nigeria last Africa.
He has several big money and investments in Nigeria forward abroad, including real estate, measures, bonds, and businesses. Godwin Emefiele also owns a private flowing and several luxury cars.
Social Communication Handles
Emefiele is not very dynamic on social media. He has a Twitter account, @godwinemefiele, which he rarely uses.
Godwin Emefiele also has a website, godwinemefiele.com, where he posts his speeches, publications, and achievements. He does not have any official Facebook or Instagram accounts.