South East CBN Board Nominee declines appointment Over World Bank Job

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President Bola Tinubu’s nominee from the South East to the board of the Central Bank of Nigeria (CBN), Urum Kalu Eke, has declined the offer stating that he is currently engaged with the World Bank and other international financial institutions.



The nominee was reported to have said that his role as a member of the board of directors of the CBN will conflict with his job as a consultant to the World Bank, Federal Government agencies and other private companies.



This development was revealed when the senate commenced the process of confirming the nominees on Thursday, February 29, 2024, during plenary.



Speaking during the confirmation process during plenary a former Governor of Abia State and the current senator representing Abia North, Senator Orji Kalu (APC), told the members of the upper legislative chamber that the person who is his constituent had called him on the phone to reject the offer, noting that it would conflict with his present job as a consultant with the World Bank.


According to him, Uruk Eke who is a consultant with the World Bank and other international financial institutions, might not have ample time to function optimally in the new appointment. He said, “The nominee told me this role would conflict with his job as a consultant to the World Bank, Federal Government agencies and other private companies.”



Meanwhile, the Senate has confirmed the appointment of 4 other members of the Board of Directors of the CBN forwarded to it by the President. Those confirmed by the Senate on Thursday as Directors are Robert Agbede; Ado Yakubu Wanka; Professor Murtala Sabo Sagagi and Mrs. Muslimat Olanike Aliyu.



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