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Past CBN Board Members

Retired Board Members
  • Dr. Okwu Joseph Nnanna -  
    Retired as Deputy Governor, Economic Policy Directorate  Executive Board Member
    Served from 2/3/2015 - 2/2/2020
  • Mr. Adebayo Adelabu -  
    Resigned as Deputy Governor, Operations Directorate  Executive Board Member
    Served from 4/9/2014 - 7/15/2018
  • Dr. Sarah Alade (OON) -  
    Retired as Deputy Governor, Economic Policy Directorate  Executive Board Member
    Served from 3/26/2007 - 3/22/2017
  • Dr. Kingsley Moghalu (OON) -  
    Retired as Deputy Governor, Financial Systems Stability Directorate  Executive Board Member
    Served from 11/9/2009 - 11/5/2014
  • Mr. Tunde Lemo (OFR) -  
    Retired as Deputy Governor,Operations Directorate  Executive Board Member
    Served from 1/1/2004 - 1/10/2014
  • Mr. Danladi Kifasi -  
    Retired as Perm. Sec. Fed. Min of Finance  Non Executive Board Member
    Served from 7/8/2010 - 10/22/2013
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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 : 1/16/2006
The Cowry:The Cowry has, for centuries, served our people as an important form of currency. In 1860 the following system was in use: 40 Cowries formed a "String"; 50 Strings made a "head" and 10 heads comprised a "bag". In Lagos in 1865 one bag of 20,000 shells was exchanged for one or two English Pounds.
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