Ex-CBN governor, Lamido Sanusi is new Emir of Kano

Former CBN Governor Sanusi Lamido Sanusi is new Emir of Kano, Secretary to the State Government, Rabiu Bichi, announces.

The announcement followed the recommendation of the four members of the Kingmaker council who nominated the new emir to the governor.

Lamido Sanusi Lamido

The four kingmakers who nominated Mr. Sanusi include the Makaman Kano, Sarki Ibrahim, the Sarki Bai, Alhaji Adnana, the Sarki Dawaki Mai Tuta, Bello Abubakar, and  the Madakin Kano Yusuf Na Buhari.

Sanusi Lamido Sanusi was born in Kano Northern Nigeria, on July 31, 1961. He obtained degrees in Economics and Islamic Law from the Ahmadu Bello University, Zaria and the International University of Africa, Khartoum.

After teaching economics for two years at the Ahmadu Bello University, he started a banking career in 1985 with Icon Limited (Merchant Bankers) and later worked with the United Bank for Africa Plc and First Bank of Nigeria Plc.

His banking career spanned various fields including issuing House activity, Financial Advisory Services and Credit marketing.

However, it was in the field of Risk Management that he earned his professional reputation, having distinguished himself as the Chief Risk Officer in the two largest banks in the Country, UBA Plc and FBN Plc.

He rose to the position of Group Managing Director/Chief Executive officer of First Bank Plc, the largest bank in the country in January, 2009 and was appointed the 10th Governor of the Central Bank of Nigeria (CBN) in June, 2009.

He was however, suspended from office by President Goodluck Jonathan on 20 February 2014 accused of “financial recklessness”.

Prior to his suspension, Mr. Sanusi had exposed a $20 billion shortfall in the Nigerian National Petroleum Company, NNPC.

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