FACTBOX-Potential Nigerian central bank governors
May 8 (Reuters) - Nigerian Central Bank Governor Chukwuma Soludo's five-year tenure ends on May 29. He is eligible for a second term but there are other potential candidates.
Here are details on some of the possible contenders.
CHUKWUMA SOLUDO
The incumbent was one of the main architects of banking sector consolidation in 2004/05 which saw the number of Nigerian financial institutions slashed to 25 from 89, deepening the country's capital markets and attracting foreign investors.
Monetary policy immediately after he took over as Central Bank Governor in 2004 was reform-orientated but progress has slowed since the current administration of President Umaru Yar'Adua took over two years ago.
Soludo is from southeastern Anambra state.
FALALU BELLO
Chief Executive of Unity Bank (UBPL.LG: Quote, Profile, Research), formed by the merger of Bank of the North and seven other banks during the consolidation, Bello is from the northern state of Kaduna. Continued...
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
GLOBAL RECOVERY
Global economy in holding pattern - IMF
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months. Full Article
India
US
UK
