MEET THE NEW CHIEF SCOUT OF NIGERIA AS APPOINTED AT THE 2017 ANNUAL GENERAL MEETING OF THE SCOUT ASSOCIATION OF NIGERIA
Emir Muhammad Sanusi II was born 31 July 1961, serving since 8 June 2014. He was crowned as Emir of Kano after the death of his grand uncle Emir Ado Bayero (who died on 6 June 2014). Emir Muhammad Sanusi II was a successful banker and was a former Governor of the Central Bank of Nigeria.
Emir Muhammad Sanusi II is the grandson of Muhammad Sunusi (The 11th Fulani Emir of Kano). He was a career banker and ranking Fulani nobleman, and also serves as a respected Islamic Scholar. The global financial intelligence magazine, The Banker, published by the Financial Times, conferred on Sanusi two awards, the global award for Central Bank Governor of the Year, as well as for Central Bank Governor of the Year for Africa.
The TIME magazine also listed Emir Muhammad Sanusi II in its TIMES 100 list of Most Influential People of 2011. In 2013, Sanusi was also awarded a Special GIFA award at the third Global Islamic Finance Awards held in Dubai, for his advocacy role in promoting Islamic banking and finance in Nigeria during his stint as Governor of the Central Bank of Nigeria.
1. Emir Muhammad Sanusi II had his primary education at the St. Anne’s Catholic Primary School, Kakuri, Kaduna between the years 1967-1972, where he obtained his First School Leaving Certificate.
2. Lamido Sanusi had his secondary education at King’s College Lagos, where he graduated in 1977.
3. He got admission into Ahmadu Bello University (ABU) Zaria, where he obtained a bachelor's degree in Economics in 1981.
4. He furthered his studies and obtained a master's degree in Economics at Ahmadu Bello University in 1983, and became an instructor there from 1983 until 1985.
5. Emir Muhammad Sanusi II also studied in the International University of Africa, Khartoum, Sudan, where he obtained a degree in Islamic Law.
6. Sanusi was posted to Gongola State (now Adamawa and Taraba States) where he did his National Youth Service Corpse (NYSC) mandatory service.
1. In 1985 Emir Muhammad Sanusi II got employed by the Icon Limited (Merchant Bankers), a subsidiary of Morgan Guaranty Trust Bank of New York United States, and Baring Brothers of London.
2. He later joined the United Bank for Africa in 1997, working at the bank’s Credit and Risk Management Division, he rose to the position of a General Manager.
3. In September 2005, he became one of the Board members of First Bank of Nigeria as an Executive Director in charge of Risk and Management Control.
4. Later he was appointed Group Managing Director (CEO) in January 2009. Almost at the same period, Sanusi was also the Chairman, Kakawa Discount House, where he sat on the Board of FBN Bank (UK) Limited.
5. Emir Muhammad Sanusi II was the first person from the northern Nigeria to be appointed CEO in the history of First Bank in Nigeria.
6. On June 1, 2009, Emir Muhammad Sanusi II was nominated as Governor of the Central Bank of Nigeria and his appointment was confirmed by the Nigerian Senate on June 3, 2009 at the height of the a global financial crisis.
In August 2009, the Sanusi led the Central Bank to "rescue" Afribank, Intercontinental Bank, Union Bank, Oceanic Bank and Finbank by bailing them out with 400 billion naira of public money, and dismissed their chief executives.
Emir Muhammad Sanusi II "We had to move in to send a strong signal that such recklessness on the part of bank executives will no longer be tolerated." 16 senior bank officials faced charges that included fraud, lending to fake companies, giving loans to companies they had a personal interest in and conspiring with stockbrokers to boost share prices.
The Banker recognized him as the Central Bank Governor of the Year 2010 citing his radical anti-corruption campaign aimed at saving 24 banks on the brink of collapse and pressing for the managers involved in the most blatant cases of corruption to be charged and, in the case of two senior bankers, imprisoned.
Sanusi has spoken at many distinguished events, including Warwick Economic Summit in February 2012 where he spoke about banking reforms in Nigeria and their impact on the economy.