Mallam Sanusi Lamido Sanusi is known as Governor of the Central Bank of Nigeria.
Sanusi was appointed on 3 June 2009. Officially the term of his tenure ends in June 2014. However President Goodluck Ebele Jonathan removed Sanusi from office on 20 February, 2014 on the grounds of accusation of baseless expenditures after exposing $ 20 billion in the Nigerian National Petroleum Company (NNPC).
Lamido Sanusi is a Fulani nobleman and career banker, he is also respected as Islamic academic. Worth noting, that Sanusi received the title of Central Bank Governor of the Year and Central Bank Governor of the Year for Africa. Ranks were assigned by the “Financial Times”, published “The Banker”, the prominent financial magazine. “The TIME” magazine included Lamido Sanusi in the top list of most influential people of 2011.
In 1985 Sanusi became a member of Icon Limited and Baring Brothers of London. He went to the United Bank for Africa in 1997 and there rose through the ranks to the post of a General Manager. In September 2005 Lamido Sanusi became an Executive Director in charge of Risk and Management Control in the Board of First Bank of Nigeria. In January 2009 he was promoted to a Group Managing Director (CEO). Sanusi made a significant contribution to the development a Risk Management culture in the Nigerian banking sector.
Lamido Sanusi rescued Central Bank of Nigeria with 400 billion naira and fired its executives. 16 senior bank officials were accused of fraud and lending fake companies. Global reforms, that were proclaimed by Sanusi, were called "Sanusi tsunami". He developed the concept of reforming the Nigerian financial system. Lamido Sanusi spoke at many significant problematic discussions, including Warwick Economics Summit in February 2012 where he talked about the influence of banking reforms in Nigeria's economic life.
Simultaneously with banking career, Sanusi spent a lot of efforts on the debate on Sharia law. His view about Sharia consists of two fundamental facts. First, Islam is associated with paladin judgments and it and should not be a method for selfish political purposes. Second, the Wahhabist rhetoric of fundamentalists is contrasted with the Muslim world outlook.