Mostly I feel the need to highlight people who spark my interest in attempting to do what others tread not, and Mr. Sanusi has definitely played a big role in the Nigerian economy saving more than 20 banks which were on the verge of collapse,Pressing bankers involved in corruption cases to be charged and convicted. Fighting corruption without fear of the big fish and its his efforts that earned him International Recognition. This is quite an example, I would definitely like to see strong willed people like this every corner of Africa..and about 20 of em back home! *giggles* people who are ready to take that thread for their countries,economies...A Job Well Done Mr. Sanusi!
Nigeria is frequently cited as one of the most corrupt countries in the world, but its central banker has won not one but two two international banking awards. Mallam Lamido Aminu Sanusi has been named as the Central Bank Governor of 2010 for both the African continent and the entire world, by the prestigious Banker Magazine.
The editor of the magazine, Brian Caplen, says that few candidate names generate an overall consensus on judging panels, and yet, when it came to finding the best global central bank governor of the year, Mr Sanusi was chosen unanimously.
He has been praised for salvaging a crumbling Nigerian financial sector, including implementing reforms that have put Africa's most promising market back on the map for global investors.
The magazine's country representative, Kunle Ogedengbe, stresses that Mr Sanusi embarked on a radical anti-corruption campaign aimed at saving 24 banks on the brink of collapse.He also pressed for the managers involved in the most blatant cases of corruption to be charged, and, in the case of two senior bankers, convicted.
Despite the political challenge of facing up to powerful people who held considerable sway in the country, Mr Sanusi never swerved from his approach, and won the support of the public as they were made aware of the scale of corruption.
Coming from the north, Mr Sanusi bucked the established trend of appointing southerners
"He has carried out the sort of reforms that most of the central bankers in the world would like to have carried out in their territories," Lagos journalist Anthony Osae-Brown told BBC World Service's World Business News.
Two months into his governorship, Mr Sanusi embarked on the bailout of Afribank, Intercontinental Bank, Union Bank, Oceanic Bank and Finbank.
He dismissed their chief executives in a move designed to show that banking is no longer business as usual, but institutions that must serve the economy as a whole.
No comments:
Post a Comment