8 Facts about Lamido Yuguda, the Director-General of SEC

Lamido Yuguda is an economist, banker and investment manager, with over 30 years’ experience in financial services. He is the Director-General of Securities and Exchange Commission (SEC).

He was recently named among the Central Bank of Nigeria (CBN) Monetary Policy Committee by President Bola Ahmed Tinubu.

Here are the 8 facts you should know about Yuguda :

1. Yuguda has a Bachelor of Science in Accounting from Ahmadu Bello University, Zaria, having graduated in 1983. He later obtained a Master’s degree in Money, Banking, and Finance from the University of Birmingham, UK, in 1991

2. Lamido also holds a certificate in Financial Asset Management and Engineering from the Swiss Finance Institute, Geneva, Switzerland.

3. Yuguda began his career in 1984 with the Central Bank of Nigeria (CBN) as a Senior Supervisor, Foreign Operations Department.

4. In 1997, Yuguda joined the staff of the International Monetary Fund (IMF) in Washington DC as an economist in the Africa Department where he worked on the assessment of economic policies and management of balance of payment support programs in IMF member countries

5. In 2001, he returned to the CBN to lead a team of staff to restructure and diversify the CBN’s growing FOREX reserve portfolio. Yuguda successfully upgraded the CBN’s in-house fixed-income trading and settlement capabilities and left a state-of-the-art portfolio management system as his legacy.

6. By 2010, he became Director of the Reserve Management Department. After 32 years at the apex bank, he voluntarily retired in 2016.

7. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), CFA charterholder and a Chartered Institute of Bankers of Nigeria (CIBN)

8. He was appointed the Director General of the Securities and Exchange Commission (SEC) by President Muhammadu Buhari in 2020

In February 2024, he was named as one of the members of the CBN’s new Monetary Policy Committee