The Deputy
Governor in charge of Operations at the Central Bank of Nigeria, Tunde Lemo, is
billed to formally bow out from service tomorrow, after ten years in office.
Mr Lemo
is reputed for his key role in the implementation of the Banking Sector
Consolidation under Prof. Chukwuma Soludo and Sanusi Lamido Sanusi.
A statement
published today by the CBN in Abuja, said Mr Lemo’s retirement would take
effect from January 11, 2014, being the last working day before his retirement
date.
Prior to
his appointment, Lemo was the Managing Director/Chief Executive Officer of
Wema Bank Nigeria, Plc between 2000 and 2003.
 |
| BABATUNDE LEMO |
Born in
1959, 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.
Lemo is
also reported to have attended Advanced Management Programme, AMP, at the
Wharton College, University of Pennsylvania, Philadelphia, U.S.A in 2002 as
well as executive training programmes in world class institutions including
Harvard University, INSEAD, Fontainbleau, France, Brandies University, Boston.
He also
championed the restructuring of Abuja Security and Commodities Exchange and
Nigeria Export Import Bank, NEXIM, as the Chairman of both institutions. As
Vice Chairman Technical Committee for the establishment of Africa Finance
Corporation, AFC, Lemo participated actively in the establishment of the
Pan-African investment institution.
Lemo was equally responsible for the transformation of the National
Payments System for widespread use of electronic payments and the
transformation of the Nigeria Inter-Bank and Settlement Systems (NIBSS), Plc.
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