:Philip Ikeazor

{{Short description|Nigerian banker}}

{{Infobox person

| name = Philip Ikeazor

| honorific_prefix =

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| birth_place =

| citizenship = Nigerian

| alma_mater = University of Buckingham

| occupation = Accountant

| employer = Central Bank of Nigeria

| years_active = {{UBL |2023-date (Central Bank of Nigeria) |2013-2017 (Keystone Bank)}}

| known_for =

| notable_works =

}}

Philip Chukwuemeka Ikeazor is a Nigerian banker who has served as the Deputy Governor for Financial System Stability at the Central Bank of Nigeria.{{Cite web |last= |date=2023-09-16 |title=Meet Philip Ikeazor, a CBN deputy Governor nominee with over 30 years of experience in the financial services industry |url=https://newswirengr.com/2023/09/16/meet-philip-ikeazor-a-cbn-deputy-governor-nominee-with-over-30-years-of-experience-in-the-financial-services-industry/ |access-date=2023-12-01 |website=NewsWireNGR |language=en-US}}{{Cite web |last=Olatunji |first=Eniola |date=2023-09-15 |title=CBN: Meet the new deputy governors |url=https://businessday.ng/news/article/cbn-meet-the-new-deputy-governors/ |access-date=2024-06-10 |website=Businessday NG |language=en-US}}

He was appointed by President Ahmed Bola Tinubu on 15 September 2023,{{Cite web |last=THEWILL |first=Aina Ojonugwa |date=2023-09-28 |title=BREAKING: New CBN Deputy Governors Assigned Directorates |url=https://thewillnews.com/breaking-new-cbn-deputy-governors-assigned-portfolios-n/ |access-date=2024-06-14 |language=en-US}}{{Cite web |last=Federal Republic of Nigeria |date=June 1, 2007 |title=Central Bank of Nigeria Act, 2007 |url=https://www.cbn.gov.ng/OUT/CIRCULARS/CSD/2007/CBN%20ACT%202007.PDF |website=cbn.gov.ng}} and confirmed by the Nigerian Senate on the 26th of September, 2023.{{Cite web |last=Olufemi |first=Damilola |date=2023-09-26 |title=BREAKING: Senate confirms Cardoso CBN gov, four others as deputies |url=https://punchng.com/breaking-senate-confirms-cardoso-cbn-gov-four-others-as-deputies/ |access-date=2024-09-07 |website=Punch Newspapers |language=en-US}}{{Cite AV media |url=https://www.youtube.com/watch?v=IsxJ6lKgEoE |title=Senate Screening: Mr. Philip Ikeazor, Deputy Governor, CBN |date=2023-09-26 |last=Arise News |access-date=2024-09-07 |via=YouTube}}

Education

Ikeazor studied for a Bachelors in Economics at the University of Buckingham, United Kingdom where he majored in financial management.{{Cite web |last=Mojeed |first=Abdulkareem |date=2023-09-16 |title=PROFILE: Meet Nigeria's newly nominated CBN governor, deputy governors |url=https://www.premiumtimesng.com/news/headlines/625977-profile-meet-nigerias-newly-nominated-cbn-governor-deputy-governors.html |access-date=2023-12-01 |website=Premium Times Nigeria |language=en-GB}} He also attended the Wharton Business School Global CEO programme for Executive Education.

Career

Ikeazor worked for six years as a loan officer for the Nigerian-American Merchant Bank from 1990 to 1996 and was also the pioneer Managing Director of Ecobank Kenya. He served as the director for wholesale banking at the United Bank for Africa{{Cite web |last=Edet |first=Hope |date=2017-03-08 |title=IKEAZOR, Philip |url=https://blerf.org/index.php/biography/ikeazor-philip/ |access-date=2024-09-07 |website=Biographical Legacy and Research Foundation |language=en-US}} and as a Director on the Board of Greenwich Merchant Limited,{{Cite web |title=Board of Directors – Greenwich Registrars and Data Solutions |url=https://greenwichregistrars.com/board-of-directors/ |access-date=2024-09-07 |website=greenwichregistrars.com}} Tideway Advisory,{{Cite web |last=Akintola |first=Lukmon |date=May 12, 2018 |title=Philip Ikeazor Turns Big Fish In Small Pond |url=https://independent.ng/philip-ikeazor-turns-big-fish-in-small-pond/ |access-date=2024-09-08 |website=independent.ng}} Union Bank Nigeria,{{Cite web |last=Egwuatu |first=Peter |date=January 2, 2012 |title=Non-shareholders to participate in Union Bank rights issue – Ikeazor |url=https://www.vanguardngr.com/2012/01/non-shareholders-to-participate-in-union-bank-rights-issue-ikeazor/ |website=Vanguardngr.com}} Union Registers, Union Bank UK Plc and UBA Trustees.

= Keystone Bank =

In 2013 he became CEO and Managing Director of Keystone Bank Limited.{{Cite web |last=Akintola |first=Lukmon |date=April 7, 2018 |title=Where Is Philip Ikeazor? |url=https://independent.ng/where-is-philip-ikeazor/ |access-date=2024-09-07 |website=Independent.ng |language=en}}{{Cite web |date=2013-01-31 |title=Ikeazor appointed Keystone Bank MD/CEO |url=http://businessnews.com.ng/2013/01/31/ikeazor-appointed-keystone-bank-mdceo/ |access-date=2024-09-07 |website=Nigeria Business News |language=en-US}} During his tenure at Keystone Bank, Ikeazor presided over the divestment of Orient Bank Ltd of Uganda{{Cite web |last=Nairametrics |date=2015-03-09 |title=Keystone Bank completes divestment from Ugandan subsidiary |url=https://nairametrics.com/2015/03/09/keystone-bank-completes-divestment-from-ugandan-subsidiary/ |access-date=2024-09-08 |website=Nairametrics |language=en-US}}{{Cite news |date=2014-07-24 |title=Nigeria's Keystone Bank to Sell Units in Three African Countries |url=https://www.bloomberg.com/news/articles/2014-07-24/nigeria-s-keystone-bank-to-sell-units-in-three-african-countries |access-date=2024-09-08 |work=Bloomberg.com |language=en}} and other African subsidiaries of Keystone Bank.{{Cite web |last=The Nation |date=July 25, 2014 |title=Keystone Bank to divest from African subsidiaries |url=https://thenationonlineng.net/keystone-bank-to-divest-from-african-subsidiaries/ |website=thenationonlineng.net}} His appointment as Managing Director was renewed in 2013 by the Asset Management Corporation of Nigeria(AMCON){{Cite web |last=The Nation |date=August 12, 2013 |title=AMCON extends tenure of Bridged Banks CEOs, management |url=https://thenationonlineng.net/amcon-extends-tenure-of-bridged-banks-ceos-management/ |website=thenationonlineng.net}} which had acquired the bank and had appointed Ikeazor in the first instance to help turn around its fortunes. During his time as Managing Director of Keystone Bank, Ikeazor supported businesses in building digital capacity in Nigeria{{Cite web |title=Ikeazor Urges Businesses to Build Digital Capacity – THISDAYLIVE |url=https://www.thisdaylive.com/index.php/2020/06/05/ikeazor-urges-businesses-to-build-digital-capacity/ |access-date=2024-09-08 |website=www.thisdaylive.com}} and worked to prevent road accidents by scaling the knowledge and capacity of drivers on Nigerian roads.{{Cite web |last= |first= |date=2015-09-15 |title=Bank tasks drivers on good health |url=https://guardian.ng/appointments/bank-tasks-drivers-on-good-health/ |access-date=2024-09-08 |website=The Guardian Nigeria News - Nigeria and World News |language=en-US}}{{Cite web |date=2013-11-27 |title=Nigeria accounts for 85% road accident deaths-Keystone CEO |url=https://archive.businessday.ng/executive-motoring/article/nigeria-accounts-for-85-road-accident-deaths-keystone-ceo/ |access-date=2024-09-08 |website=BusinessDay NG, TV, and Podcast |language=en-US}} He also was involved in scaling financial literacy for school children in Nigeria.{{Cite web |publisher=BusinessDay |date=2014-03-19 |title=Keystone Bank keys into CBN's financial inclusion initiative |url=https://businessday.ng/companies/article/keystone-bank-keys-into-cbns-financial-inclusion-initiative/ |access-date=2024-09-08 |website=Businessday NG |language=en-US}} Ikeazor left Keystone Bank on March 31, 2017 after his tenure lapsed.{{Cite web |date=2017-04-04 |title=My plans for Keystone Bank – Ag. MD - Daily Trust |url=https://dailytrust.com/my-plans-for-keystone-bank-ag-md/#google_vignette |access-date=2024-09-08 |website=Daily Trust |language=en-US}}

= Deputy governor =

Ikeazor's role at the Central Bank of Nigeria involves supervising and regulating financial service providers in Nigeria, principally the deposit money banks(DMBs), the microfinance banks(MFBs), and other financial institutions.{{Cite web |last=Nigeria |date=2024-09-07 |title=Cardoso Assigns Portfolios to four Deputy Governors |url=https://www.thisdaylive.com/index.php/2023/09/30/cardoso-assigns-portfolios-to-4-deputy-governors/ |access-date=2024-09-07 |website=Thisdaylive.com}}

He focuses on regulation and cybersecurity to tackle incidents of fraud, to protect consumers of financial services in Nigeria.{{Cite web |last=Ariemu |first=Ogaga |date=2024-06-28 |title=CBN mulls policies to tackle cyber Insecurity in Nigerian financial sector |url=https://dailypost.ng/2024/06/28/cbn-mulls-policies-to-tackle-cyber-insecurity-in-nigerian-financial-sector/ |access-date=2024-09-07 |website=Daily Post Nigeria |language=en-US}}{{Cite web |last=Akintaro |first=Samson |date=2024-06-28 |title=CBN mulls new regulation to drive compliance by Nigerian fintechs |url=https://nairametrics.com/2024/06/28/cbn-mulls-new-regulation-to-drive-compliance-by-nigerian-fintechs/ |access-date=2024-09-07 |website=Nairametrics |language=en-US}}

References