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Home | Yemi Cardoso: Meet New CBN Governor With Brazilian Roots, Tinubu’s ex-Commissioner

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Yemi Cardoso: Meet New CBN Governor With Brazilian Roots, Tinubu’s ex-Commissioner

Tare Magbei
Tare Magbei
Published: June 15, 2025
Last updated: June 15, 2025
3 Min Read
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Yemi Cardoso: Meet New CBN Governor With Brazilian Roots, Tinubu's ex-Commissioner
Dr. Yemi Cardoso
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Ace banker, Dr. Yemi Cardoso was on Friday appointed Governor of the Central Bank of Nigeria.

Cardoso’s appointment is pending on screening and confirmation by the Nigerian Senate.

With parents from descendants of Brazilian returnees, who were from prominent families from Popo Aguda, here are 12 things to know about Yemi Cardoso.

  1. Olayemi Micheal Cardoso is a banker and chartered stockbroker

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  2. He previously served chairman of Citibank Nigeria for 12 years until his resignation in 2022.

  3. Cardoso served as Commissioner for Lagos State Ministry of Economic Planning and Budget in 1999.

  4. The new CBN Governor was Chairman of the board of the African Venture Philanthropy Alliance

  5. He has served as a board member of MRS Oil formerly known as Texaco Ltd.

  6. Cardoso studied managerial and administrative studies at the Aston University, where he obtained a Bachelor of Science (B.Sc.) degree

  7. He has a Master’s degree from the Harvard Kennedy School in public administration.

  8. Cardoso is a member of the advisory board of Lagos Business School

  9. He is also a former executive lead at Harvard Kennedy School alumni association

  10. Cardoso pioneered the Ehingbeti Lagos economic summit in the year 2000 as a platform that enabled business leaders and other multi-stakeholders.

  11. His father, Felix Bankole Cardoso, was the first indigenous Accountant-General of the Federation of Nigeria in 1963 and the first indigenous Vice Chairman and Managing Director of Barclays Bank of Nigeria shortly after joining the bank in 1972.

  12. Cardoso is married with five children and three grandchildren.

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