Section 5: Appointment of Managing Director.
There shall be appointed by the President a Managing Director who shall be the chief executive officer of the Bank and be responsible for the day-to-day management operations of the Bank.
Cite this section
Section 5, PEOPLE'S BANK OF NIGERIA ACT (1990).
https://repo.podus.ai/laws/people-s-bank-of-nigeria-act/section/5/