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Retired CBN Board Members

Stephen Osagiede Oronsaye  
Retired as Director - Served in the CBN from 7/31/2008 To 6/26/2014

Stephen Oronsaye was born on 16th November, 1950 in Edo State. He had his early education and higher school certificate in Lagos at the St. Gregory’s College, Lagos and later obtained a Masters Degree in Business Administration at the University of Calabar.

He was the Principal Secretary to the President of Nigeria from 1999 to 2008. He also served as the Permanent Secretary, State House, during that period and chaired various Committees within the same period. He was appointed Permanent Secretary, Federal Ministry of Finance on 31st July, 2008.

Stephen Oronsaye who is a member of the Institute of Chartered Accountants of Nigeria (ICAN) was conferred with the National Honour of Officer of the Order of the Niger (OON) and Commander of the Order of the Niger (CON) in 2004 and 2006 respectively.

He is married with four children.

See List of Retired Board Members
See List of Serving Board Members
See Past and Present Governors of the CBN
See Frequently Asked Questions about the board

Central Bank of Nigeria:: Serving Board Members
Board Members

Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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