President Jonathan picks Zenith Bank MD as new CBN Governor

President Jonathan has picked the current
Managing Director of Zenith Bank Godwin
Emefiele to replace Sanusi Lamido Sanusi as the
new Governor of the Central Bank of Nigeria. His
name has been forwarded to the Senate for
confirmation.
Bayo Adelabu, the current Executive Director at
First Bank as Deputy Governor of CBN, replacing
Tunde Lemo.
Sanusi was removed just a few months to the
end of his tenure. His tenure was supposed to
end in June 2014. Sanusi said he will challenge
the decision to suspend him but will not go back
to the job.