Monday, December 02, 2019 / 07.00AM / Ottoabasi Abasiekong for
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The Chartered Institute of Bankers of Nigeria, CIBN, reiterated its commitment to strengthening professionalism in the nation's banking industry.
The President and Chairman of Council of the Institute Dr Uche Olowu said this at the 54th edition of the Annual Bankers Dinner in Lagos.
Dr Olowu said in the last eighteen months of his tenure as head of the institute, there has been remarkable progress in CIBN's effort at becoming a global reference point for skills acquisition and good governance conduct in the banking industry.
According to him the advent of breakthrough technologies have created global disruptions in the daily activities of the institute, which has provided an opportunity for the institute to make a difference, especially in the areas of its core mandate which includes; building the technical capacity of the workforce of the financial services sector, ensuring the improvement of ethical standards in the industry and encouraging professionalism amongst financial service practitioners while sustaining unrelenting advocacy for good individual and corporate conduct.
"In a bid to produce quality manpower that is competent, ethical and professional for the banking industry, we have reviewed the Syllabi of our Banking Professional Examinations and Certification Programmes, making it contemporary, addressing emerging issues and taking into cognizance the skills of the future. The new syllabus was developed in conjunction with institutions of global repute and endorsed by a wide range of stakeholders within and outside the shores of Nigeria" Dr Olowu said .
He informed stakeholders at the event that the CIBN under his watch has raised the quality of its programmes and services.
Speaking further he noted that in fulfillment of its mandate as the Sole Accreditation Agency under the Competency Framework, CIBN , has continued to ensure Quality Assurance through the Accreditation of Bank Academies and Educational Training Service Providers (ETSPs) including the Central Bank of Nigeria Learning Centre.
Giving an overview of his stewardship of the institute, he noted that the CIBN had succeeded in elevating its brand visibility, supported the economy and promoted financial inclusion.
The Central Bank of Nigeria Governor ,Mr Godwin Emefiele, who was the special guest of honour lauded the CIBN for its role in furthering professionalism and ethical standards in the nation's banking industry.
He assured the guests and stakeholders that the CBN will continue to support Nigeria's economic recovery and the diversification of its export revenues with focus on key sectors like Agric and Manufacturing.
The CBN Governor in the area of monetary policy said the financial regulator would maintain a stable exchange rate regime and tight monetary policy , while keeping an eye on inflation.
According to him "Our Monetary Policy approach will be judicious, research-driven, adequate and supportive of the real sector of the economy".
Mr. Emefiele also commended the banker's committee for launching the N1bn endowment fund initiative, which in 2020 will focus on the education sector.
Highlights of the event was the presentation of awards to the next generation leaders of commercial banks in the country.
The GMD/CEO of Union Bank Mr Emeka Emuwa served as the Chairman of the Central Planning Committee for the event.
The 54th Annual Bankers Dinner had in attendance Past Presidents and Registrars of the Institute, Bank CEOs, Business leaders, and financial analysts.