CBN Governor Cardoso Steps Up to Lead Nigerian Delegation to World Bank-IMF Annual Meetings in Washington D.C.

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, is poised to lead Nigeria’s delegation to the critical 2025 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington D.C.

The high-profile gathering, which commences on Monday, October 13, will see Mr. Cardoso assume the leadership role as the Alternate Governor, replacing the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who is reportedly indisposed.

The Nigerian team, which also includes the Minister of State for Finance, Doris Uzoka-Anete, will participate in a week of deliberations focused on the global economic outlook, financial stability, and development challenges. A statement from the President’s Special Adviser on Information and Strategy confirmed the change in leadership on Sunday, October 12, 2025.

The World Bank-IMF Annual Meetings serve as a premier forum for central bankers, finance ministers, private sector executives, and academics to debate and shape the international economic agenda.

Key sessions Nigeria’s delegation will be involved in include the Development Committee Plenary session on October 16 and the International Monetary and Financial Committee (IMFC) meetings on October 17. The core focus areas for the overall meeting include high sovereign debt burdens, the role of international financial institutions in supporting economic recovery, and strategies for accelerating development, particularly in low- and middle-income countries.

Governor Cardoso’s leadership comes at a crucial time as Nigeria continues to pursue major monetary and fiscal reforms aimed at achieving macroeconomic stability and attracting foreign investment. The meetings will offer a vital opportunity for the CBN Governor to engage with international counterparts and investors on Nigeria’s current economic trajectory and future priorities.