NIBSS Names Folashodun Adebisi Shonubi New CEO

The Board of Directors of Nigeria Inter-Bank Settlement System (NIBSS) Plc has announced the appointment of Folashodun Adebisi Shonubi, as the new Managing Director/CEO of the foremost electronic payments and settlement company in Nigeria.
The Board also appointed Ezekiel Oyeniyi Ajao and Christabel Onyejekwe as executive directors.
These appointments constitute a climax of the transformation project of NIBSS, and the company is now poised more than ever before to play its role as a financial market shared-service infrastructure, with strong potentials for effective collaboration with other stakeholders towards actualising the Cash-Less Lagos and Cash-Less Nigeria initiatives. 
Folashodun Adebisi Shonubi, holds double Masters degree respectively in Business Administration and Mechanical Engineering, from University of Lagos. He is also a resourceful Information Technology-driven banker with over 19 years professional experience.
 Prior to this appointment, Shonubi was executive director, Information Technology and Operations at Union Bank of Nigeria Plc; a member of the Board of Union Homes and Director, Information Technology and Corporate Services in Renaissance Securities Nigeria limited, with responsibility for the Group’s IT infrastructure in Africa
Between 1999 and 2007, he worked in MBC International as Deputy General Manager and supervised their IT operational platforms. He served in First City Monument Bank Limited as Vice – President, and in Ecobank Nigeria Limited as Executive Director. Mr. Shonubi also had a stint with Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993) and served on a number of sub-committees of the Bankers’ Committee, including the Ethics and Professionalism sub-committee.