Meet possible new arrivals on Nigeria’s MPC

by | November 22, 2017 3:44 pm

During the last central bank monetary policy committee (MPC) meeting, Godwin Emefiele announced that five members of the committee will not be part of the committee next year, primarily because they are now retired.


Earlier in October, President Muhammadu Buhari wrote to the Senate seeking confirmation of nominees. The nominees are Aisha Ahmad, Adeola Adenikinju, Aliyu Sanusi, Robert Asogwa, and Asheikh Maidugu.


Here are brief profiles of the nominees:

Aisha Ahmad

Ashia Ahmad

Ahmad, before her appointment as Deputy Governor of the CBN, was the Executive Director (Retail Banking) at Diamond Bank Plc. She holds a Master of Science, M.Sc. degree in Finance & Management from the Cranfield School of Management, United Kingdom (2006-2007), Master of Business Administration, MBA in Finance, University of Lagos (1999-2001) and a Bachelor’s degree in Accounting from the University of Abuja.

With about 20 years’ experience in investment banking, retail banking, wealth management, as well as consulting and financial advisory, Ahmad is a thorough-bred professional with an enviable track record as a creative and  versatile expert in finance, banking and capital markets.


She is known for enhancing the value of institutions and driving exceptional business performance. In her previous role as the Head, Consumer Banking at Diamond Bank, Ahmad was responsible for strategic retail products and customer segments such as consumer banking, retail assets, private wealth management and was also responsible for a customer base of over 7 million.


Prior to joining Diamond Bank, Ahmad worked with global financial institutions such as Stanbic IBTC Bank Plc, a member of Standard Bank Group, where she was responsible for Standard Bank’s private wealth business in West Africa. She also worked with Bank of New York Mellon (UK), NAL Bank Plc. and Zenith Bank Plc.


She serves as the Executive Council Chairperson of Women in Management, Business & Public Service, WIMBIZ; a reputable non-governmental organisation in Sub-Saharan Africa occupied by women who have excelled in various sectors.


Under her leadership, WIMBIZ has reached several heights such as holding its first international conference themed ‘Breaking New Frontiers in Accra, Ghana, and launching ‘The Big Sister Programme’ a volunteer-based grassroots female empowerment initiative, which has benefitted over 2,000 girls across 30 schools in three states of Nigeria.


Ahmad is credited with helping in the development of the WIMBIZ mobile application, an online platform for global female engagement. With Ahmad at the helm of affairs, WIMBIZ has seen more awareness of its many initiatives, and its position as the foremost female-focused NGO for women in careers, business and public service has been strengthened and there has been a significant improvement in the diversity and attendance rates of its programmes.


She serves on the board of SOS Children’s Villages Nigeria, a global initiative for disadvantaged children and as a Steering Committee member for Cherie Blair Foundation’s Technology for Growth project, a ground breaking learning intervention programme for female entrepreneurs developed in conjunction with Enterprise Development Centre (EDC) at Lagos Business School.


Born October 26, 1977, she is married with two sons to Brigadier Gen. Abdullah Ahmad (Rtd). Ahmad has progressed to become a globally recognised investment analyst and portfolio manager, being a Chartered Financial Analyst (CFA) and a Chartered Alternative Investment Analyst (CAIA).


Adeola Adenikinju

Adenikinju is currently a director at the Centre for Petroleum, Energy, Economics and Law, University of Ibadan, Ibadan Nigeria.


He holds a PhD Degree in Economics from the University of Ibadan, Nigeria. He is also a Research Professor at the Centre for Econometrics and Allied Research, as well as Senior Research Fellow, Macroeconomic Study Group, University of Ibadan.


His research interests include Petroleum and Energy Economics, Macroeconomic modelling, and Economic Development Issues. He has published various articles in reputable Local and International Journals including the OPEC Review, Energy Policy, Pacific and Asian Journal of Energy, Economic Development and Cultural Change, Nigerian Journal of Economic and Social Studies, and African Journal of Economic Policy.


Adenikinju has been a consultant for organizations at the European Union, United Nations, the Nigeria Liquefied Natural Gas Company (NLNG), the African Economic Research Consortium, OECD, UNIDO, ECOWAS, UNECA, the World Bank, and the National Data Bank, among others.


He was one of the Consultants that prepared the First Perspective Plan for Nigeria. He is also involved in the United Nations Project Link that makes economic projection for the Nigerian Economy.


He previously served as a Special Assistant to the Presidential Adviser on Energy Matters, between 2005 and 2007, and Senior Special Assistant to the President, Office of the Chief Economic Adviser to the President between 2010 and 2011.


Aliyu Sanusi

Sanusi is currently the Director at International Centre of Excellence for Rural Finance and Entrepreneurship (ICERFE), Nigeria.


He studied economics at Ahmadu Bello University, Zaria, before going for a Master’s Degree in International Business at the prestigious Lancaster University Management School, where he also obtained his PhD in Economics.


He has taught economics at Lancaster University and Umaru Musa Yar’Adua University, Katsina.


Sanusi has attended various Local and International Conferences and Workshops, and his Published Articles have appeared in academic journals, such as the West African Journal of Monetary and Economic Integration, the Nigerian Journal of Economic and Social Studies, the Central Bank of Nigeria’s Economic and Financial Review, the Jackson State University Journal, The Researcher, UIP Journal of Financial Economics, Abuja Journal of Banking and Finance, Journal of Economics and Allied Fields, and the Nigerian Journal of Contemporary Public Policy Issues, etc.


He has consulted for a number of Local and International Organisations, including Heinrich Boll Foundation, Adam Smith International (ASI), and DFID’s Nigeria Infrastructure Advisory Facility (NIAF).


His area of research interest include:  applied econometrics with applications to monetary economics, international economics and macroeconomics.


Asheikh Maidugu


Maidugu is currently a Director at Federal Inland Revenue Service where he had spent 7 years till date; He was previously a senior lecturer and researcher at economics department, University of Maiduguri, Nigeria for 13 years before moving to debt management office, where he spent three years as the Chief Operations Officer of Debt Management Office.


He gained his bachelor and masters degree from the University of Maiduguri, before moving to Usmanu Dan-fodiyo University, Sokoto for his Doctor of Philosophy (Ph.D.) in Development Economics and International Development.


His research interest includes Money, Trade and Finance.


Robert Asogwa

Asogwa is the team leader of inclusive growth unit at the United Nations Developmental Program, He holds a Ph.D. Economics from university of Nigeria, Nsukka, Nigeria.  While at university of Nigeria, he wrote a major paper on Liberalisation, Consolidation and Market Structure in Nigerian Banking


His research interest includes: financial economics, developmental economics and monetary economics.