Why CBN deputy governor, Adebayo Adelabu resigned

The Central Bank of Nigeria (CBN) deputy governor in charge of Operations, Adebayo Adelabu has resigned, TOPNAIJA.NG can confirm.

Adelabu whose disengagement notice has already been accepted by President Muhammadu Buhari, has indicated interest to join the gubernatorial race in his home state, Oyo.

In an acceptance letter dated May 24, President Buhari thanked Mr. Adelabu for his services to the country and wished him the best in his future ambitions.

“While appreciating your services in the Central Bank of Nigeria since April 9, 2014, I wish you the very best in your future ambitions and continued commitment to public service in our country and specifically, as you seek to play a more active role in politics, in your home State,” the president said in the letter.

Adelabu has served at different times as deputy governor in charge of Financial System Stability (FSS) and Corporate Services (CS), before his last position as the deputy governor in charge of Operations.