A statement announcing the award said “Emerging Markets is pleased to announce that Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, has won the 2013 Emerging Markets Central Bank Governor of the Year Award for Sub-Saharan Africa.
“The award recognizes Governor Sanusi’s ability to bring down inflation to single digits this year” said Antonia Oprita, managing editor of Emerging Markets.
The Central Bank of Nigeria, under Governor Sanusi’s stewardship, has brought inflation below 10% despite the fact that food, a category where the bank cannot influence prices, makes up around half of consumer spending in Nigeria.
“Our consistently tight monetary policy stance going back to 2010 should keep inflation within the single-digit target,” Governor Sanusi said.
The annual Emerging Markets Central Bank Governor and Finance Minister of the Year Awards recognise the leading policymakers in each region. The awards are chosen by Emerging Markets’ editorial team, taking into account the views of leading regional experts. The winners are announced in our daily newspapers published at the IMF and World Bank annual meetings each year, with the award winning policymakers honoured at an annual awards ceremony during the IMF and World Bank annual meetings.
Emerging Markets is a unique source of news, analysis and commentary on economic policy, international economics and global financial markets, with a particular focus on the emerging world. It has has published daily newspapers at IMF, World Bank and regional development bank meetings for the past 25 years. Emerging Markets is part of Euromoney Institutional Investor plc, one of the largest and most respected providers of financial information worldwide.