Lemo bows out of CBN Friday

Posted by: Nduka Chiejina (Assistant Editor) in Business, News


The Deputy Governor in charge of the Operations Directorate at the Central Bank of Nigeria (CBN), Mr. Babatunde Olakunle Lemo, will retire from the apex bank tomorrow on Friday, after serving two full terms of five years.

A statement from the CBN said Lemo’s retirement takes effect from January 11.

“Lemo is expected to be pulled out of service on Friday, being the last working day before his retirement date,” the statement said.

Prior to his appointment as a Deputy Governor in CBN in 2003, Lemo was the Managing Director/Chief Executive Officer of Wema Bank Nigeria, Plc between 2000 and 2003.

He was born in 1959, and he attended Lisabi Grammar School, Ogun State and the University of Nigeria, Nsukka, where he emerged as the best overall graduating student in the Faculty of Social Sciences with a Bachelor of Science degree in Accountancy (First Class Division) in 1984.

He attended Advanced Management Programme (AMP) at the Wharton College, University of Pennsylvania, Philadelphia, United States in 2002 as well as executive training programmes in world class institutions including Harvard University, INSEAD, Fontainbleau, France and Brandies University, Boston.

The retiring Deputy Governor is credited with playing a key role in the implementation of the Banking Sector Consolidation resulting in the 24 stronger and well capaitalised banks with combined equity of over N1.6 trillion from 89 largely weak banks, formulation and implementation of the Microfinance Policy and Supervisory Framework both under the supervision of the Governor.

http://thenationonlineng.net/new/lemo-bows-out-of-cbn-friday/

Happy Retirement, Sir!

After several years of service,it is expedient dt one shld av d rest of his life 4 himslf. Well deserved sir!better luck ahead

Wharton, Harvard, INSEAD, etc.

I hope our zoologist President is not firing this man out of anger at Sanusi's letter.

Kairoseki77: Wharton, Harvard, INSEAD, etc.

I hope our zoologist President is not firing this man out of anger at Sanusi's letter.

Your bigotry knows no bounds! Smh.

Congratulations sir! And a happy retirement years to u.

Kairoseki77: Wharton, Harvard, INSEAD, etc.

I hope our zoologist President is not firing this man out of anger at Sanusi's letter.

I thought they said ASUU have called off their strike action and students should return to class and prepare for their exams? Or is JAMB still withholding some boys?
@Topic, After 10years of meritorious service to the fatherland, I felicitate with you and your entire family and numerous friends on your well deserved retirement, our 1st Class product. But please, I'd urge that you open a small Business Management Institute where you can help "clone" a new generation of 1st Class young men and women. Even if it's a school that graduates only 20 people per year insofar as the quality is etched into them, in another 10 years you'd have given Nigeria at least 200 global business players!

Jman06: Your bigotry knows no bounds! Smh.

Bigoted against zoologists!

Na wa ooo

Kairoseki77: Wharton, Harvard, INSEAD, etc.

I hope our zoologist President is not firing this man out of anger at Sanusi's letter.

Anyone can attend the schools you listed but not everyone (especially opinionated persecutors) can attain the seat of presidency.