CBN Headquarters Currently Overpopulated
Central Bank Governor, Olayemi Cardoso, said the CBN’s
planned relocation of departments and personnel to other branches was a
response to the current “overpopulation” at the headquarters.
Cardoso stated this in an interview on Monday.
The CBN governor said the process was normal for any
vibrant entity like a central bank.
According to him, the move was to align the bank’s
structure with its functions and objectives and redistribute skills to ensure a
more even geographical spread of talent.
Recall that the apex bank’s decision to redeploy over
1,500 personnel from its headquarters to other branches in the country has been
met with public outcry.
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