Prof. Chukwuma Soludo (born 28 July 1960) is a Nigerian economist and former Governor of the Central Bank of Nigeria (CBN) who implemented significant banking sector reforms. He is currently the Governor of Anambra State, where he continues to implement economic and development policies.


CENTRAL BANK GOVERNORSHIP:
Soludo served as Governor of the Central Bank of Nigeria from 2004 to 2009, a period marked by significant banking sector reforms. He implemented the banking consolidation policy, which increased minimum capital requirements from N2 billion to N25 billion, forcing banks to merge or raise additional capital.

BANKING SECTOR CONSOLIDATION:
The banking consolidation policy implemented by Soludo reduced the number of banks from 89 to 25, creating stronger, more stable financial institutions. This consolidation improved the banking sector's ability to support economic growth and reduced systemic risks.

ANAMBRA STATE GOVERNORSHIP:
In 2022, Soludo was elected Governor of Anambra State, bringing his economic expertise to state governance. As Governor, he has focused on economic development, infrastructure, education, and healthcare.

ECONOMIC POLICY EXPERTISE:
Before becoming CBN Governor, Soludo was Chief Economic Adviser to the President and was involved in developing Nigeria's economic policies. He has a strong background in economics, holding a Ph.D. in Economics.

INTERNATIONAL RECOGNITION:
Soludo's banking sector reforms have been recognized internationally. He has received awards including the Global Central Banker of the Year award and has been featured in major publications.

LEGACY AND INFLUENCE:
Prof. Chukwuma Soludo's legacy extends beyond his individual achievements. Through his banking sector reforms, he strengthened Nigeria's financial system, creating a more stable foundation for economic growth.

FAST FACTS:
- Born 28 July 1960 in Aguata, Anambra State, Nigeria.
- Education: University of Nigeria, Nsukka (Economics), Northwestern University, USA (Ph.D. in Economics).
- Key Achievement: Central Bank of Nigeria Governor (2004-2009), implemented banking sector consolidation.
- Banking Reform: Increased minimum capital requirements, consolidated 89 banks to 25.
- Current Role: Governor of Anambra State (2022-present).
- Recognition: Global Central Banker of the Year award, international recognition for banking reforms.
- Notable: Strengthened Nigeria's banking sector, improved financial stability.
- Impact: Created stronger financial institutions, supported economic growth.