<P> In 1985 Sanusi joined Icon Limited (Merchant Bankers), a subsidiary of Morgan Guaranty Trust Bank of New York, and Baring Brothers of London . He moved to the United Bank for Africa in 1997 in the Credit and Risk Management Division, rising to the position of a General Manager . In September 2005, he joined the Board of First Bank of Nigeria as an Executive Director in charge of Risk and Management Control, and was appointed Group Managing Director (CEO) in January 2009 . He was also the Chairman, Kakawa Discount House and sat on the Board of FBN Bank (UK) Limited . Sanusi is recognized in the banking industry for his contribution towards developing a risk management culture in Nigerian banking . First Bank is Nigeria's oldest bank and one of the biggest financial institutions in Africa . Sanusi was the first northerner to be appointed CEO in First Bank's history of more than a century . </P> <P> President Umaru Musa Yar'Adua nominated Sanusi as Governor of the Central Bank of Nigeria on 1 June 2009 and his appointment was confirmed by the Senate on 3 June 2009, in the middle of a global financial crisis . Analysts believed that Sanusi's tempered mien would serve as a counterpoise to the more aloof disposition of his predecessor, Charles Chukwuma Soludo . Based on his past record, it seemed probable that as governor of the central bank he would impose stricter controls . </P> <P> In August 2009, the Sanusi led the Central Bank to "rescue" Afribank, Intercontinental Bank, Union Bank, Oceanic Bank and Finbank by bailing them out with 400 billion naira of public money, and dismissed their chief executives . Some point to other factors including religious, ethnic and existing bank records and plans to say he in fact had a hidden agenda . He said "We had to move in to send a strong signal that such recklessness on the part of bank executives will no longer be tolerated ." 16 senior bank officials faced charges that included fraud, lending to fake companies, giving loans to companies they had a personal interest in and conspiring with stockbrokers to boost share prices, and today he has been appointed as the Emir of Kano by Gov. Rabi'u Musa Kwankwaso of Kano following the departure of Alh . Ado Bayero . In September 2009, he said that 15 of the current 24 Nigerian banks might survive reform in the banking sector . </P> <P> In a wide - ranging interview with the Financial Times in December 2009, Sanusi the extensive reforms that he had initiated since taking office, dubbed by some as the "Sanusi tsunami". Some believe that he had a personal vendetta against some of the bank CEOs while others point to proof of mismanagement of funds by some of the CEOs, most notably Cecelia Ibru as justification for the steps he implemented . He noted that there was no choice but to attack the many powerful and interrelated vested interests who were exploiting the financial system, and expressed his appreciation of support from the Presidency, the Economic and Financial Crimes Commission, the finance minister and others . </P>

Who is the current governor of central bank of nigerian