Penultimate
Monday, the first meeting in 2018 of the Monetary Policy Committee, MPC of the
Central Bank of Nigeria, CBN was aborted. It was the first time in a long
while
that the meeting would fail to hold.
Reason?
Available members could not form a quorum. Since then, three appointments have
been announced to either fill the vacant positions exited by the deputy
governors in charge of Economic Policy, Sarah Alade, and her colleague in the
Corporate Services department, Suleiman Barau, who retired last year.
The latest
appointee by President Muhammadu Buhari is Edward Adamu, the current Director
of Human Resources at the CBN, who has already been selected to replace Mr.
Barau as the new Deputy Governor.
Born on June
22, 1959 in Kaltungo Local Government Area of Gombe State, Mr. Adamu has a
degree in quantity surveying from Ahmadu Bello University, Zaria. A fellow of
the Nigerian Institute of Quantity Surveyors, he is 57 years old.
Mr. Adamu
has several postgraduate professional certifications from the Institute of
Credit Administration of Nigeria, Wharton School, USA, INSEAD France, Chicago
Booth & IMD Switzerland.
He is a
member of several professional bodies, namely the Nigerian Institute of
Quantity Surveyors; Project Management Institute, USA; International Knowledge
Management Institute, USA; International Society for Performance Improvement,
USA; and the Association of Project Managers, UK.
Mr. Adamu
was employed by the CBN in June 1992. In 2012, he was appointed Director of the
Strategy Management Department responsible for the articulation of strategy to
deliver the mandate of the bank.
As director
of strategy, he was a member of the Monetary Policy Implementation Committee
and the Financial Services Regulatory Coordination Committee as well as an
observer at the MPC.
Between 1992
and 2003, Mr. Adamu served in several offices of the Engineering Services
Department of the CBN handling Project Conception, Evaluation, Contract
Documentation, Cost Planning & Control, Project Implementation and Closure
of several projects of the Bank, including the current CBN Head Office Abuja.
He rose from the position of a Manager to an Assistant Director.
In 2004, he
was an Assistant Director and Head of the Non-core Team under a Re- engineering
and Re-structuring programme (Project EAGLES) undertaken to re-position the CBN
working with Accenture Consulting.
In 2005, Mr.
Adamu led the Knowledge Management Team to supervise the development of CBN’s
Knowledge Management Framework.
In 2006 as a
Deputy Director, he served as CBN’s Head of Business Support Division in charge
of portfolio of teams and functions, including Knowledge Management, Records
Management, Strategic Alliance and Price Intelligence.
In 2008, he
was seconded for two years to the Gombe State government to set-up and run a
strategic framework for best practices in procurement.
In 2010, he
served as Programmes Director (Head of the Projects Planning &
Implementation Division) in charge of multi-dimensional large scale projects
for the CBN.
In 2016, Mr.
Adamu was appointed Director, Human Resources Department in charge of
developing the human capital assets of the bank.
He is a
member of several Board and Project Steering Committees of the Bank, including
Budget; Staff Matters; Pension Fund Management; Establishment, Enterprise
Learning, Assets Disposal and REAL SPARC Project.
He is
married with four children.
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