Muhammad Sanusi II
His Highness Muhammad Sanusi II became the 14th Fulani Emir of Kano on 8 June, 2014. It is a role he desired and for which he prepared himself throughout much of his life.
Born July 31, 1961 to Muhammad Aminu Sanusi and Saudatu Anduwa Hussain, Sanusi descends from a lineage marked by its combination of royal blood and public service, in the spiritual as well as the temporal domain. Numerous imams and judges are to be found among his forebears.
After childhood Qur’anic studies and elementary school, Sanusi entered King’s College Lagos, then earned a bachelor’s and master’s degree in economics at Ahmadu Bello University, Zaria — where he also taught economics. In 1985, he launched a distinguished banking career at ICON Ltd. Merchant Bankers, a subsidiary of Morgan Guaranty Trust and Baring Brothers. Later, he joined United Bank for Africa, running its credit and risk management division and then rising to the position of general manager. In 2005, he movedto First Bank, where he was appointed group managing director in 2009.
Emir Sanusi pioneered the introduction of Islamic banking into the Nigerian banking sector when he was Governor of the Central Bank, and he received the Global Islamic Finance Leadership Award (GIFA) and became the GIFA Laureate of 2015. He had earlier been given the Global Islamic Finance Excellence Award in 2013.
Emir Sanusi has remained engaged in the field of Finance and Development, believing strongly that no solution to the social and security challenges faced by Nigeria is possible without development. As Chairman of Black Rhino Group, a portfolio company of Blackstone, he has been driving development of key power and energy infrastructure projects across the African continent. One of the projects in the company’s pipeline is a 120 MW solar plant to be set up in Kano to kick start the re-industrialization process. This is to be followed by two coal fired power plants of 500 MW each. These plants are being built by a JV of Black Rhino and the Dangote Group.
The Emir is also chairman of an impact capital fund named Babban Gona (i.e Big Farm). As the name implies this firm is dedicated to agricultural development and the support of small scale rural farmers. Already operating in 14 Local Government areas of Kano and Kaduna States, Babban Gona organizes farmers into cooperatives, provides them with research data, technical analysis, high yield variety of seeds, inputs, mechanized harvesting and direct linksto large buyers for their product. The farmers in this program are having yields that are multiple times the average for their products and Emir Sanusi hopes to reach one million farmers within five years with this program.
He continues to bring his wealth of experience and contacts to bear on key development projects like public health, girl-child education advocacy and reforms of Muslim family law as well as the systems of zakat and auqaf (endowments).
His Highness is a recipient of many University degrees and prestigious awards.
All Sessions by Muhammad Sanusi II