May 29, 2024

The Man Godwin Emefiele, Biography, Net Worth, Salary, House, Cars

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By The9JaTREND

Stage Name: Godwin Emefiele
Real Name: Godwin Emefiele
Occupation: Banker, Lecturer
Date Of Birth/Age: 4 August 1961 (61) Years Old
Place of Birth: Agbor, Delta State, Nigeria
Gender: Male
Nationality: Nigerian
Marital Status: Married

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Education:
University of Nigeria, Nsukka
Stanford University
Harvard University
Wharton Graduate School of Business
Height: N/A
Net Worth: $2M

Godwin Emefiele Biography
Nigeria’s Central Bank is headed by Godwin Emefiele (CBN). Prior to joining the CBN, he worked in commercial banking for more than 26 years, the last 18 of which were spent as group managing director and chief executive officer of Zenith Bank PLC, one of Nigeria’s biggest banks with more than 7,000 employees, about US$3.2 billion in shareholder funds, and subsidiaries in Ghana, Sierra Leone, Gambia, South Africa, China, and the United Kingdom.

Under Emefiele’s direction, Zenith Bank has solidified its place as a top financial institution in Africa, achieving both domestic and international acclaim for significant improvements in critical performance areas like corporate governance, service delivery, and the use of cutting-edge ICT.

Before beginning his banking career, he lectured in finance and insurance at two Nigerian universities. Mr. Emefiele graduated from the University of Nigeria in Nsukka with degrees in banking and finance. He is also a graduate of Stanford University, Harvard University, and the Wharton Graduate School of Business, where he studied negotiation, service excellence, critical thinking, leading change, and strategy.

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State Of Origin & Tribe
Godwin Emefiele hails from Agbor, Delta State, Nigeria. In Nigeria’s South-South geopolitical zone is the State of Delta. The state, which is mainly within it and bears its name, was created on August 27, 1991, out of the former Bendel State. Bayelsa State surrounds the state to the south, Edo State to the north, Anambra and Rivers States to the east, and Edo State to the west. The Bight of Benin, which covers about 160 kilometers of the state’s coastline, is to the west.

The Ika people are primarily centered in the city of Agbor. Both Delta State and Edo State contain Ika Ika. They are most similar to the Igbo people and least identical to the Bini people in terms of culture. In the South-South geopolitical zone of Nigeria, West Africa, Agbor is situated in the Ika South Local Government Area of Delta State. In Delta State, Nigeria, Agbor serves as the administrative center for the Ika South Local Government Area. There are several tourist attractions in Agbor.

Central Bank Appointment
Emefiele entered the public sector on June 3, 2014, when he succeeded Sanusi Lamido Sanusi as the 11th Governor of the Central Bank of Nigeria. Godwin Emefiele’s second five-year term as Governor of the Nigerian Central Bank was extended by the Senate on Thursday, May 16, 2019. The Senate adopted the report of its Committee on Banking, Insurance, and Other Financial Institutions, which recommended that the previous CEO and Group Managing Director of Zenith Bank Plc remain in office for a final five-year term, breaking with a pattern established since 1991.

According to the Central Bank Act of 2007, some of his responsibilities as the Governor include serving as the Board’s chair, establishing the Bank’s overall policy and administration, implementing the nation’s exchange rate policy, and carrying out tasks that are both necessary and practical to achieving the Bank’s goals.

Family:

Children:
Godwin shares two kids with his wife, Margaret Emefiele. The names of his sons are Pammichukwu Emefiele Jr. and Andrew Olishehike Emefiele. But, besides their names, nothing more is known about the kids.

Wife
Godwin Emefiele is happily married to Margaret Emefiele. She keeps a very low profile, especially after getting abducted and released. There isn’t much information on the wife of the CBN governor.

Lifestyle
Net Worth
The precise amount of Godwin Emefiele’s wealth is the subject of conflicting claims. Some reports claim that the economist has only earned a wealth of $2 million, while others claim that it has reached $50 million. Whatever the case, the CBN Governor is one of the key players in the Nigerian economy and has amassed an enormous fortune over the years. In addition, the 61-year-old has decades of experience working in both the public and private sectors.

Godwin Emefiele is a shareholder in at least three companies, according to a report from Premium Times published on November 7, 2017, and he was still connected to one up until July. The report claims that the economist, who was born in Lagos, co-owns 50,000 bearer shares with Jim Ovia in the offshore company Vitesse Asset Management SA. This business was founded in 2007 in Switzerland.

Additionally, he has a stake in Oviation Asset Management Limited, a 2009-founded company with its headquarters in Bermuda. In this case, he is said to be the owner of 49 percent of the shares. In another report on his business endeavors, it is stated that he owns all of the shares of Ovation Limited, which was established in 2012 and is based on the Isle of Man.

Salary:
The pay of the CBN governor, Godwin Emefiele, is one of the most frequently asked issues because it is well known that the CBN is one of Nigeria’s parastatals with the highest salary schemes. It is rumored that the Central Bank Governor’s salary is around 9 million Naira per month, notwithstanding the remuneration’s hazy nature. It is only possible to speculate on additional benefits. Apart from any wealth he may have amassed that increased his net worth, the former lecturer turned economist has accomplished a lot.

House:
Emefiele’s landed properties are not known by the public, save for the multi-billion Naira mansion he was reported to have been building in 2021. According to Sahara Reporters, the mansion is located in the Ministers’ Hill area of the Federal Capital Territory, Abuja.

Cars:
Godwin Emefiele must own high-end vehicles, though no information about his personal cars is available to the public. The only news piece regarding vehicles tied to the CBN governor in the past was when it was reported that he was branding about 78 cars for the purpose of his electoral campaign for President. However, he has not declared to run for the top office in 2023.

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