The Central Bank of Nigeria has redeployed its four Deputy Governors in a management reshuffle. The movement of the Deputy governors, according to the apex bank aimed at strengthening its leadership structure and improving operational efficiency.The changes, which took effect on June 1, 2026, were reflected in an updated profile on the apex bank’s official website on Monday.Under the new arrangement, Deputy Governor in charge of Economic Policy, Dr Muhammad Abdullahi, has been reassigned to the Corporate Services Directorate. In his place, Mr Philip Ikeazor will now oversee the Economic Policy Directorate.Also, the Deputy Governor, Corporate Services, Ms Emem Usoro, moved to the Operations Directorate, while Mr Lamido Yuguda was transferred from Operations to the Financial System Stability DirectorateThe latest redeployment alters the leadership of key departments responsible for policy formulation, banking sector oversight, institutional administration and the execution of the bank’s core operations.The Economic Policy Directorate plays a central role in economic analysis, monetary policy formulation and the assessment of macroeconomic developments that influence decisions on interest rates, inflation and growth.The Corporate Services Directorate oversees administrative and support functions critical to the day-to-day management of the institution.Similarly, the Operations Directorate is responsible for core banking activities, including currency management and payment system operations, while the Financial System Stability Directorate focuses on monitoring risks within the financial system and promoting the resilience of the banking sector.