The immediate past governor of Nigeria’s Central Bank, Lamido Sanusi, has been named the new emir of the powerful Kano emirate, to succeed late Ado Bayero who died on Friday.
Mr. Sanusi’s appointment was announced Sunday by the secretary to the Kano state government, Suleiman Bichi.
The announcement followed the recommendation of the four members of the Kingmaker council who nominated the new emir to the governor.
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.
The man Sanusi
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 February 20, 2014 after he was accused of “financial recklessness”.
Many Nigerians however believed Mr. Sanusi was targeted for blowing the whistle on corrupt national oil company, the Nigerian National Petroleum Corporation which he accused of failing to remit at least $20billion oil revenue to the Federation Account.
Prior to his suspension, Mr. Sanusi had exposed the NNPC as a cesspool of corruption.