FMDQ Group appoints CBN deputy gov, Abdullahi, as board chairman

FMDQ Group has appointed the Deputy Governor, Economic Policy of the Central Bank of Nigeria (CBN), Muhammad Sani Abdullahi,  as the new group chairman of its board.

Abdullahi currently serves as the Deputy Governor of the Economic Policy Directorate at the Central Bank of Nigeria, overseeing critical aspects of economic policy and development.

The appointment took effect on April 26, 2024, following the retirement of the fourth chairman, Dr. Kingsley Obiora, in September 2023.

  Mr Bola Onadele Koko, Chief Executive Officer, FMDQ Group, while welcoming Mr Abdullahi, said the entire FMDQ ecosystem is delighted to have him on board. 

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“We are confident that his wealth of experience and illustrious expertise make him more than capable of leading our organisation to greater heights of growth and excellence.

Speaking on his appointment, Mr Abdullahi said the FMDQ Group has established itself as a beacon of innovation and excellence in the Nigerian financial markets since its inception 10 years ago. 

“It is an absolute honour for me to join this significantly important financial market infrastructure, and I am committed not only to maintaining this legacy but also enhancing it to meet the evolving demands of our time,” he said

Mr Abdullahi commenced his career in the banking sector and transitioned to public service, holding significant positions in the Government of Kaduna State, serving as the commissioner of Economic Planning and Budget and subsequently as the Chief of Staff to the State Governor.

He previously served as a Member of the World Bank Expert Advisory Council and as a Policy Adviser at the Executive Office of the United Nations Secretary General in New York.